Industry News of the Day for August 27, 2020

iDEA Growth Member News:

• PlayNJ, 8.26.20 – Hear The Roar: BetMGM Brand Continues Rapid Growth In NJ Online Gambling (GVC Holdings)
  • Once upon a time, BetMGM was PlayMGM and the New Jersey online gambling market was much smaller and simpler.
• SBC Americas, 8.27.20 – BetMGM Casino Goes Live In West Virginia
  • BetMGM, jointly owned by MGM Resorts and GVC Holdings, has launched BetMGM Casino in West Virginia today, delivering a wide range of online casino games to gamblers in the Mountain State.

Industry News:

• PlayUSA, 8.26.20 – PlayUSA Rewind: Illinois Sports Betting Expands, Online Registration Returns
  • Another week, another stacked set of online gambling news from across the US.
• Sports Handle, 8.26.20 – The Business Implications of Sports Betting Social Functions & Smacktalk Culture
  • How many will say that bragging rights and social relevance are chief among the benefits of sports betting, fantasy sports successes?

New Jersey:

• SBC Americas, 8.27.20 – TheScore Seals Agreement With Twin River For New Jersey Online Casino
  • Score Media and Gaming Inc subsidiary Score Digital Sports Ventures Inc (theScore Bet) has secured market access to operate an online casino in New Jersey via a multi-year agreement with Twin River Worldwide Holdings Inc.

Delaware:

• iGB North America, 8.27.20 – Delaware Sports Betting Revenue Slumps To $12K In July
  • Sports wagering revenue in Delaware reached just $12,114 in July, in the first figures released by the Delaware Lottery since March, due to disruption caused by the novel coronavirus (Covid-19) pandemic.

West Virginia:

• PlayWV, 8.26.20 – Game On: BetMGM Casino, betly Sportsbook, William Hill Sportsbook Coming To WV Within Days
  • Wednesday was a busy day for the West Virginia Lottery. On top of clearing the way for a new legal online sportsbook in the Mountain State, West Virginians will soon have a choice for iGaming with the BetMGM online casino app.
• Gambling.Com, 8.26.20 – New iGaming App To Launch In WV; Retail Sportsbooks To Return
  • West Virginia gamblers are about to have more options for iGaming and sports betting.
• Metro News, 8.26.20 – Lottery: iGaming Growing, Delaware North Ready To Resume Sports Betting
  • A second iGaming app is set to launch in West Virginia and sports betting will resume at two casinos, the state Lottery Commission learned during its Wednesday meeting.

Nebraska:

• Lincoln Journal-Star, 8.27.20 – Casino Gambling Proposal Goes To Nebraska Supreme Court
  • As promised, sponsors of a trio of proposals that would authorize casino gambling at horse racetracks in Nebraska have swiftly gone to the Nebraska Supreme Court to contest Secretary of State Bob Evnen’s ruling Tuesday disqualifying the issue from consideration by Nebraska voters in November.

Indiana:

• Gambling Compliance, 8.27.20 – Coronavirus, Sports Betting’s Success Behind Consideration Of Online Gaming In Indiana (subscription paywall)
  • Indiana lawmakers are expected to consider legalizing online gaming next year as the state continues to feel the financial strain from the coronavirus shutdown.

Illinois:

• Legal Sports Report, 8.26.20 – Will FanDuel Sportsbook Be Live In Illinois In Time For The NFL Season?
  • FanDuel might not be first to market in Illinois, but the operator looks on track to hit its next key target: the start of NFL season.
• Sports Handle, 8.25.20 – FanDuel Poised To Be Live For Mobile Sports Betting In Illinois By NFL Season
  • FanDuel is lined up on the runway and will be the next mobile sportsbook to take flight in Illinois, after the Illinois Gaming Board confirmed on Tuesday that FanDuel’s partner, Par-A-Dice Casino, filed its “go-live” paperwork on Aug. 19.

Kentucky:

• The Courier Journal, 8.27.20 – You Can’t Place A Sports Bet In Indiana. Why Won’t Kentucky Get In The Game?
  • Starting last fall, Indiana gave an untold number of Kentuckians a reason to get in their cars and venture across the Ohio River: the ability to place legal sports wagers through a mobile device with one of Indiana’s state-regulated sportsbooks.

Colorado:

• Legal Sports Report, 8.26.20 – Colorado Sports Betting Revenue Report Shows Room For Growth
  • Colorado sports betting continues to ramp up after its May 1 launch, and the return of US sports certainly helped. But one might question why those sports haven’t helped more.
• PlayColorado, 8.26.20 – Colorado Cracks Top 5 US Sports Betting Markets
  • Unlike the oxygen, the Colorado sports betting numbers aren’t impacted by the altitude.
• The Colorado Sun, 8.27.20 – With Big Sports Back, Colorado’s Betting Scene Exploded With $59 Million In Pent-Up Wagers
  • A serious bettor takes us through the shutdown and bounce back, while the state’s new sportsbooks flood the market with online deals and a nod to retail operations.
• SBC Americas, 8.27.20 – July Revenues Hint At Strong Potential For Colorado Sportsbooks
  • The return of baseball and the NBA gave Colorado’s sportsbooks a shot in the arm in July, attracting nearly as much in wagers as the industry’s first two months combined and firmly establishing itself as among the top five US sports betting markets.

Nevada:

• Legal Sports Report, 8.26.20 – Mobile Wagering Drops As Nevada Sports Betting Revenue Rebounds In July
  • The dark days Nevada sports betting operators faced without major US sports now appear to be gone.
• iGB North America, 8.26.20 – Nevada Sees Gaming Market Recovery Continue In July
  • Nevada gaming revenue grew 33.5% month-over-month to $756.8m in July, as the state’s recovery from its novel coronavirus (Covid-19) shut-down continued, with the sports betting vertical rebounding from June’s loss.
• US Bets, 8.26.20 – Nevada Sports Betting Handle Rebounds, But Still Down 30% In July
  • According to figures from state regulators made public Wednesday, the Nevada sportsbooks handled $163.5 million in bets during July, down more than 30% compared to the $235.6 million in wagers during July 2019.
• iGB North America, 8.27.20 – IGT Sets Up Vegas-Based US Sports Trading Team
  • Gaming solutions giant International Game Technology (IGT) has expanded its PlaySports product for the US sports betting market, setting up full-service trading team based in Las Vegas.