Industry News of the Day for December 11, 2019

iDEA Growth in the News:

• SBC Americas, 12.11.19 – iDEA Growth: NJ Online Gaming Model Is The One For Other States To Follow (iDEA Growth mention)
  • iGaming association iDEA Growth has published a new study this week titled the Economic Impact of New Jersey Online Gaming. It sets out to demonstrate the continued growth of mobile gaming in the state over six years through additional revenue, jobs, wages and consumer protections.
• iGB North America, 12.10.19 – Study: NJ Online Gambling Created 1,851 Jobs Last Year (iDEA Growth mentioned)
  • New Jersey’s online gambling industry created 1,851 jobs in the state and brought in $52.3m in taxes in 2018, according to a new report from iDEA Growth, the iDevelopment and Economic Association.
• iGaming Business, 12.11.19 – Study: NJ Online Gambling Created 1,851 Jobs Last Year (iDEA Growth mentioned)
  • New Jersey’s online gambling industry created 1,851 jobs in the state and brought in $52.3m in taxes in 2018, according to a new report from iDEA Growth, the iDevelopment and Economic Association.
• NJ Online Gambling, 12.11.19 – New Jersey Seen As Gold Standard For iGaming, Per Economic Impact Report (iDEA Growth mentioned)
  • New Jersey has been the U.S. leader in its offering of legal, regulated online gambling — from poker and casino games in 2013 to sports betting in 2018 — and that has led to job creation and to new tax revenues.
• Crain’s New York Business, 12.10.19 – Online Sports Bets Revive New Jersey’s Gaming Industry (iDEA Growth mentioned; republished from Bloomberg)
  • The introduction of sports betting in New Jersey last year has lit a fire under the state’s gambling businesses.
• Bloomberg Quint, 12.10.19 – Online Sports Bets Revive New Jersey’s Gaming Industry (iDEA Growth mentioned; republished from Bloomberg)
  • The introduction of sports betting in New Jersey last year has lit a fire under the state’s gambling businesses.
• The Middletown Press, 12.10.19 – Online Sports Bets Revive New Jersey’s Gaming Industry (iDEA Growth mentioned; republished from Bloomberg)
  • The introduction of sports betting in New Jersey last year has lit a fire under the state’s gambling businesses.
• Charleston Gazette-Mail, 12.10.19 – Online Sports Bets Revive New Jersey’s Gaming Industry (iDEA Growth mentioned; republished from Bloomberg)
  • The introduction of sports betting in New Jersey last year has lit a fire under the state’s gambling businesses.
• Casino Beats, 12.11.19 – New Jersey The Gold Standard For Legalised Mobile Gaming And Betting (iDEA Growth mentioned)
  • A new report released by the iDEA Growth trade group demonstrates the continued growth of New Jersey’s mobile gaming over six years through additional revenue, jobs, wages and consumer protections

iDEA Growth Member News:

• Gaming Intelligence, 12.11.19 – DraftKings Joins US National Council On Problem Gambling
  • DraftKings’ membership will help to further the development and implementation of responsible gambling practices as legalised sports betting expands across the United States.

Michigan:

• Gambling Compliance, 12.11.19 – Michigan Legislators, Governor Agree To Online Gaming, Sports Betting Package (subscription paywall)
  • After almost a full year of negotiations following an outgoing governor’s veto last December, Michigan legislators have reached an agreement with Governor Gretchen Whitmer to legalize online casino gaming and sports betting.
• Online Poker Report, 12.10.19 – Michigan Online Gambling Bill To Pass This Week Under New Agreement
  • Lawmakers in Michigan have reached an agreement with stakeholders to legalize internet gambling, including online poker.
• Sports Handle, 12.10.19 – Michigan Poised To Legalize Sports Betting After Windy Road
  • Michigan lawmakers moved one big step closer to legalizing sports betting Tuesday morning, when the Senate Regulatory Reform Committee unanimously moved a package of gaming bills to the full Senate, including HB 4916 pertaining to sports wagering.

Indiana:

• Legal Sports Report, 12.10.19 – Mobile Share Rockets North As Indiana Sports Betting Handle Surges
  • Robust growth in mobile Indiana sports betting led to the state’s strongest month to date.

Washington, D.C.:

• Washington Business Journal, 12.11.19 – The District’s Big Gamble On Sports Betting Hasn’t Borne Fruit Yet (subscription paywall)
  • Sports betting in D.C. was legalized nearly a year ago, but no bets have been placed.
• Washington Business Journal, 12.11.19 – It’s Been A Year Since D.C. Legalized Sports Betting. Is That A Long Time To Go Without Any Bets Being Placed? (subscription paywall)
  • Among the 11 states that currently have legalized sports betting, several expedited the process of getting betting off the ground.

Rhode Island:

• Legal Sports Report, 12.11.19 – In-Person Signup Throttling RI Sports Betting Mobile Revenue Account Growth
  • Every month, Rhode Island looks more and more like a case study on why mobile sports betting shouldn’t be limited by in-person registration.

Arkansas:

• KATV, 12.10.19 – Simple Rule Change Could Allow Off-Site Sports Betting In Arkansas
  • It’s been nearly six months since sports betting went live in two Arkansas casinos, but millions have already been wagered.

Montana:

• US Bets, 12.10.19 – Montana Sports Betting Inches Closer As Lottery Begins Taking Applications
  • The state of Montana on Monday continued its push toward the launch of legal sports betting with the announcement that it will begin to take applications from establishments across the state wanting to offer sports wagering.
• KPAX, 12.10.19 – Montana Lottery Opens License Applications For Sports Betting
  • Sports betting in Montana is moving closer to becoming a reality, as the Montana Lottery has begun accepting licenses from businesses that want to offer Sports Bet Montana, the lottery’s new sports wagering product.