Industry News of the Day for December 1, 2023
iDEA Growth Member News
- SBC Americas: Catena Media Gains Vast US Experience As Sean Hurley Joins bBoard
- Catena Media has confirmed the appointment of experienced US sports betting executive and investor Sean Hurley to its board of directors. Hurley will sit on the board as a non-executive director advising the future strategy of the affiliate firm as it continues to shift its focus on the US sports betting and casino industry. Boasting 13 years of industry experience, Hurley is based in the US and has prior experience of being an executive, advisor and angel investor in the space. He has held senior roles in the online sports betting and casino space with B2B suppliers, affiliates and operators.
Industry News
- PlayUSA: North American Gaming Regulators Advance Relationship With European Counterpart
- The North America Gaming Regulators Association (NAGRA), a body of stakeholders that includes local, state, federal, and tribal regulators, has announced it’s deepening relationships with the Gaming Regulators European Forum (GREF), NAGRA’s counterpart across the pond. Ryan Winfield, who works in the Arizona Department of Gaming and is NAGRA’s president, said in a press release that NAGRA and GREF’s evolving relationship reflects the changes that the gambling industry is going through in North America and internationally.
Delaware
- Delaware Public Media: Internet Sports Lottery Legislative Working Group To Offer Online Sports Betting Recommendations This Week
- The Internet Sports Lottery Legislative Working Group plans to release its formal recommendations on online sports betting this week. The task force voted to approve five measures they plan to include in their recommendations on how Delaware should proceed with implementing online sports betting. One recommendation passed is to adopt a tethered model for online gaming, meaning any online gaming vendor must be tied to one of the three physical casinos in the state. The task force voted to include 4 other recommendations, such as protecting the horse racing industry and devoting resources to help those with a gambling addiction.
Massachusetts
- Gaming Today: Massachusetts Sports Betting Operators Report Q3 Revenue
- During an open meeting held on November 27, the Massachusetts Gaming Commission facilitated presentations from four state operators regarding their revenue performance in the third quarter. The operators involved in the meeting were DraftKings, PENN Entertainment, Caesars Sportsbook, and WynnBet, each providing insights into their quarterly financial outcomes and market contributions within the state’s sports betting landscape. Massachusetts Gaming Chair Cathy Judd-Stein presided over the meeting, joined by Commissioners Bradford Hill, Jordan Maynard, Nikisha Skinner, and Eileen O’Brie
Mississippi
- Legal Sports Report: Could Mississippi Sports Betting Go Online Next Year?
- Mississippi casinos are still at odds with online sports betting efforts as lawmakers continue learning about the industry. As the Mississippi legislature’s Mobile Online Sports Betting Task Force met Tuesday, land-based casino operators remain the most vocal opponents of online Mississippi sports betting. Still, lawmakers continue to work toward a report for the entire legislature, which is due Dec. 15. The report will precede an online sports betting bill, which Rep. Casey Eure said he would introduce at the task force’s October meeting.
Nevada
- Sports Handle: Nevada Sportsbooks Surpass $2 Billion In Post-PASPA Revenue
- Nevada has become the fifth state in the post-PASPA era to surpass $2 billion in sports wagering adjusted gross revenue, with the state’s Gaming Control Board reporting Thursday that operators claimed $68.1 million in winnings in October. Nevada sportsbooks have claimed billions more since accepting their first bets back in 1975, but the state joined New Jersey, New York, Illinois, and Pennsylvania in the select circle of those clearing $2 billion since betting outside Nevada first became available in June 2018, according to Sports Handle’s state-by-state sports betting revenue tracking.
Pennsylvania
- Gambling Insider: Playtech Expands Live Casino Operations With New Facility In Pennsylvania
- Situated in Pennsylvania, featuring VIP Blackjack and roulette games, the new studio promises to enhance the live casino experience as a whole. This marks a significant stride in Playtech’s tri-state iGaming initiative, firmly establishing its footprint in the third US state. The Pennsylvania Live Studio launch aligns with Playtech Live’s commitment to providing a diverse gaming environment. Future plans include expanding the game portfolio to cater to a wider range of player preferences.