Industry News of the Day for December 26, 2019

iDEA Growth Member News:

Industry News:

  • US Bets, 12.24.19 – State-By-State Sports Betting Progress: The Year That Was, The Year That Will Be
    • Eight is the number of states that offered legal sports betting at the end of 2018, 13 is the number of states currently allowing sportsbooks to take bets, and 21 is the number of states (or “districts,” but we’ll consider Washington, D.C., a state in this article for simplicity’s sake) that have sports betting laws on the books as 2019 comes to a close.
  • Legal Sports Report, 12.23.19 – The Week In Sports Betting: Michigan Becomes 20th State To Legalize Sportsbooks
    • The second-to-last week in December is usually a quiet time for news. This year is clearly an exception, including Monday morning’s news about DraftKings going public.
  • Play NJ, 12.23.19 – 2020 Set For Advancements In Online Sports Betting, Streaming Worlds
    • With 2019 in the rearview mirror, it’s time to assess the future of online sports betting and streaming for the coming year and decade. 2019 was a banner year for the gaming industry, as multiple states legalized sports betting. This opened both a new world for sports fans, as well as bountiful revenue streams for those states.

Overall Industry News:

Federal News:

Pennsylvania:

  • The Tribune-Democrat, 12.25.19 – Gambling Expansion Requires Vigilance
    • Analysts say Pennsylvania is now the third-largest market for sports betting in the country, behind only Nevada and New Jersey, and based on population alone, it is likely that Pennsylvania’s sports betting market could pass both of those states.

West Virginia:

Indiana:

Connecticut:

  • Associated Press, 12.24.19 – Lamont And Tribes Were Close On Gambling Deal, Emails Show
    • Newly released emails show Connecticut Gov. Ned Lamont thought he was close earlier this year to reaching a wide-ranging gambling agreement with the state’s two federally recognized Native American tribes, a goal he now appears to be scaling back.

Kentucky:

  • US Bets, 12.23.19 – Kentucky Would Ban Betting On UK, Louisville Under Draft Sports Wagering Bill
    • The Bluegrass State is a serious contender to legalize sports wagering in 2020. A bill pre-filed earlier this month calls for regulated sports betting, in a retail and online setting, in Kentucky. The state’s House failed to advance the measure this past spring, but the odds are better in 2020.

Massachusetts:

  • Boston Herald, 12.26.19 – Sluggish Pace On Sports Betting Bill A Huge Gamble
    • Mike Mathis, the MGM Springfield Casino president, went on the most popular sports radio talk show in Boston, 98.5 The Sports Hub, last week to gently prod Massachusetts state lawmakers into passing a sports betting bill.

Iowa:

California:

Rhode Island:

Colorado: