Industry News of the Day for December 22, 2022
Industry News
- Legal Sports Report: What Caesars Sportsbook, Simplebet Deal Could Mean For Micro Growth
- After agreeing to a deal with Caesars Sportsbook, Simplebet CEO Chris Bevilacqua believes there could be a multi-billion dollar total addressable market for live, in-game microbetting products in the next year. Bevilacqua believes micromarkets are going to be where product innovation comes in the next few years.
- Sports Handle: Does Caesars Have An Early Edge In One-Screen Betting?
- No real money changed hands, but an experiment launched by YES Network and using proprietary technology powered by Simplebet may have the potential to dramatically reshape the way sports betting works all over the globe. Sound a little overstated? Well, maybe, but many people in the sports betting industry are putting a lot of time, effort, and dollars into developing a one-screen experience.
Massachusetts
- MassLive: Massachusetts Lawmaker Wants MGM Springfield Fined $250K For Late Sports Betting Application
- A Springfield lawmaker called on gaming regulators Tuesday to fine MGM Springfield for submitting a sports betting license application late last month, saying the casino engaged in “caviler and lackadaisical behavior” and the state “missed an opportunity to hold their feet to the fire.”
Michigan
- PlayMichigan: Which Michigan Online Sportsbooks And Casinos Are Trending Up, Down After November?
- November’s revenue numbers came out on Monday and it was a big month for many online operators. Online casinos collectively had another record month, while online sportsbooks approached $480 million in handle. Some operators have more positive news than others, though. Here’s a look at the ups and downs for online casino and sportsbook operators in November.
New York
- PlayNY: Business Owners, Operators, Broadway Unions Team Up To Support A Casino In Times Square
- When Gov. Kathy Hochul signed off on the authorization for three downstate New York casino licenses, eyes lit up. Commercial gaming would make its way to New York City, the center of the entertainment world. But how accepting would Times Square be of a New York casino? While opposition has emerged, one new group has come forward in support: the Coalition for a Better Times Square.
- SBC Americas: Mets Owner Steve Cohen Eyes NYC Casino Involvement
- While he has yet to be attached to a formal bid, New York Mets owner Steve Cohen continues to do his diligence about getting involved in a downstate New York City casino. Cohen’s latest effort is a community meeting on Jan. 7 where residents of Queens are invited to attend and voice what they want from the area surrounding the Mets home stadium, Citi Field.
Ohio
- The Blade: Hundreds Of Hollywood Casino Toledo Workers Set To Strike Thursday
- They have been working under a contract extension since Dec. 1, said Tony Totty, president of United Auto Workers Local 14 in Toledo who is supporting the hourly casino workers. The UAW represents about 200 of the workers, including dealers, slot machine attendants, and others, while the United Steelworkers represents the other 200 hourly casino workers.