Industry News of the Day for August 30, 2022

iDEA Growth Member News

• Forbes, 8.30.22 – Sportradar Sees Strong U.S. Revenue Growth, Eyes Profitability By 2024
  • For more than nine years, Andrew Bimson served as an executive at Bloomberg, including seven-plus years as the global head of the financial data and information firm’s marketing operations. But in January, Bimson accepted a job as chief operations officer of U.S. operations at Sportradar, a Switzerland-based sports technology and data company. Arne Rees, U.S. Region Chief Executive for Sportradar, and Carsten Koerl, CEO of Sportradar, are also quoted in this story.
• Axios, 8.30.22 – PointsBet to launch betting newsletter amid U.S. push
  • PointsBet, an online sportsbook operator based in Australia, is launching a sports betting newsletter via a partnership with sports media company Front Office Sports as it looks to expand its U.S. presence. Rick Martira, Executive Vice President for Media and Strategy for PointsBet, is quoted in this story.
• Market Watch, 8.30.22 – Paysafe Names Alex Gersh as Chief Financial Officer
  • Paysafe Ltd. on Tuesday said it named Alex Gersh chief financial officer, effective Oct. 3.The London provider of online payment solutions said Mr. Gersh succeeds Ismail Dawood, who joined Paysafe as chief financial officer in September 2020 and is leaving the company later this year.
• Legal Sports Report, 8.29.22 – First FanDuel Sportsbook In Las Vegas Approved For 2023 Opening
  • FanDuel Sportsbook will make its debut in Nevada next year after receiving full regulatory approval. The Nevada Gaming Commission signed off on FanDuel’s entry into the state at a meeting last week after the Gaming Control Board recommended approval earlier this month.
• Gaming Today, 8.29.22 – NASCAR Bettor Cashes $1 Million Parlay With Free Bet at FanDuel
  • Austin Dillon won NASCAR’s Coke Zero Sugar 400 on Sunday, but a couple of FanDuel bettors are a lot happier about drivers a few spots behind him at Daytona International Speedway. And the wait through a lengthy rain delay was worth it.

California

• California Casinos, 8.30.22 – Survey: 90% of California Sports Bettors Think All Sports Fans Want Sportsbooks
  • In an August 2022 survey, California Casinos found that 90% of respondents believed that sports betting was very or somewhat important to other sports fans. Only about 10% of respondents believed that sports betting was not important to other sports fans.
• Play CA, 8.29.22 – Prop 26 And Prop 27 Likely To Fail, According To Independent Research Firm
  • An analysis of California’s sports betting ballot measures puts the odds at less than 50% that either pass. However, if both do, the California sports betting market projects to be the largest of any state in the nation.

Kansas

• SBC Americas, 8.30.22 – Kansas sportsbooks given nod to soft launch on September 1
  • The Kansas Lottery has announced the six sportsbooks that have been approved to go live with their operations when sports wagering soft launches in the state later this week on September 1.
• Sports Handle, 8.29.22 – Kansas Lottery: Six Platforms Approved For Launch Thursday
  • Kansas is only days away from joining 30-plus states that already offer some form of sports betting. According to a press release Friday from the Kansas Lottery, six of a potential 12 operators have been approved to launch mobile platforms as early as noon Thursday.

Maryland

• Sports Handle, 8.29.22 – Maryland Legislative Committee Vital To Mobile Wagering Launch
  • Even Maryland’s Sports Wagering Application Review Commission is growing tired of the wait for a legalized mobile sports betting launch. SWARC Chairman Thomas Brandt sent the Joint Committee on Administrative, Executive, and Legislative Review a letter Friday urging the group of lawmakers to work swiftly to approve the SWARC’s emergency regulations.

Ohio

• Play Ohio, 8.30.22 – Everything You Need To Know About Esports Betting In Ohio
  • Esports have grown in popularity over the past few years, but will you be able to bet on them in Ohio? Watching the events is one thing, but gambling on them is something else entirely.
• Play Ohio, 8.29.22 – Ohio Could Make Over $30 Million From Sports Betting Before Launch Date
  • Ohio could make nearly $32 million from sports betting before the state even takes its first legal bet. Ohio sports betting doesn’t officially begin until Jan. 1, but the application fees from future sportsbooks are already rolling in.

Oregon

• Legal Sports Report, 8.29.22 – Group That Includes Nike, Trail Blazers Pushes For Oregon Sports Betting Expansion
  • During the Oregon Joint Interim Committee on Gambling Regulation meeting Friday, representatives from Sport Oregon advocated for the expansion of Oregon sports betting. DraftKings runs the Oregon Lottery’s sports betting efforts after taking over for the SBTech-powered Scoreboard in January.