Industry News of the Day for December 31, 2019
iDEA Growth Member News:
- Legal Sports Report, 12.31.19 – The Week In Sports Betting: DraftKings Going Public With SBTech
- Plenty of people have taken time off to enjoy the holidays but it hasn’t affected the flow of sports betting news. Let’s recap some of the top stories from last week.
- PlayUSA, 12.30.19 – PlayUSA Rewind: DraftKing, Nevada’s Record, A New Tribal Sports Betting Bill
- We have hit the homestretch of 2019. A new year awaits. For some, however, simply putting 2019 in the rearview is not enough; they want to go out with a bang.
- Associated Press, 12.30.19 – New Hampshire Becomes Latest State To Offer Sports Betting (DraftKings)
- New Hampshire became the second New England state to offer sports betting on Monday, with Republican Gov. Chris Sununu placing the first bet on the New England Patriots to win the Super Bowl.
- Sports Handle, 12.30.19 – DraftKings Goes Live In New Hampshire
- New Hampshire Governor Chris Sununu got his wish with just two days left in 2019. After months of expressing his desire to bet on the New England Patriots, he did just that, placing the ceremonial first legal sports bet in New Hampshire on Monday when DraftKings Sportsbook went live with its mobile sportsbook.
- SBC Americas, 12.30.19 – DraftKings’ Jason Robins Seeking To Grow Revenue To $540M In 2020
- Following DraftKings’ acquisition of SBTech, the newly formed company now becomes the only US-based vertically integrated sports betting and online gaming firm, comprising operating, sports betting technology and some serious financial muscle via Diamond Eagle’s involvement.
Industry News:
- PlayPennsylvania, 12.30.19 – West Virginia Looks To Pennsylvania For Online Casino Advice
- Pennsylvania’s approach to online casino gambling is something of a template for officials in West Virginia. Members of the West Virginia Lottery, which oversees all gambling in the state, recently met with the Pennsylvania Gaming Control Board (PGCB) officials to compare notes.
New Jersey:
- Associated Press, 12.31.19 – Optimism Over Growth, Some Wariness In Atlantic City In 2020
- Atlantic City heads into 2020 with some optimism , buoyed by an expanded casino market with more jobs and more revenue.
Maryland:
- Legal Sports Report, 12.31.19 – Maryland Has New Sports Betting Bill; Senator Optimistic For 2020
- There’s likely enough appetite to get sports betting passed through Maryland‘s legislature this year and approved by voters, according to one state senator.
Michigan:
- Lansing State Journal, 12.30.19 – Minimum Wage Hike, Insurance Reform & Internet Gaming: Laws That Take Effect In 2020
- Internet gaming, sports betting and fantasy contests are legal in Michigan since Gov. Gretchen Whitmer signed a slate of bills in December. Lawmakers expect the new forms of gaming to be available by March.
- Michigan House Republicans, 12.30.19 – Hall: Keeping The Momentum In 2020
- Michigan has become the latest state to legalize sports betting after the governor signed Rep. Matt Hall’s plan installing important consumer protections.
New Hampshire:
- Boston Globe, 12.30.19 – With A Jab At Massachusetts, NH Ushers In Online Sports Betting
- Holding his iPhone for all to see, Governor Chris Sununu on Monday fielded suggestions from the crowd at a downtown sports bar about how much he should bet on the New England Patriots to win the Super Bowl.
Oklahoma:
- Tulsa World, 12.30.19 – Chicksaw Nation Tells State It Can’t Audit Tribe’s Gaming Finances But Can Look At Prior Audits And Records
- The Chickasaw Nation has told the state of Oklahoma that the state cannot audit its gaming operations but can look at prior external audits and records.
Kentucky:
- The Courier Journal, 12.30.19 – 12 Unforgettable Sports Stories From 2019 That Kept Us Talking All Year Long
- Could Kentucky see sports betting in the near future? Odds are improving. It would emerge as one of the most debated topics during the gubernatorial election campaign – is legalized sports betting on the horizon in Kentucky?
Montana:
- Missoulian, 12.30.19 – Unhappy New Year: Montana To Say Goodbye To Simulcast Racing
- Another era in Montana horse racing comes to an end Tuesday when the statewide simulcast network goes dark.
Sports League News:
- Sports Illustrated, 12.30.19 – Five Sports Business Predictions For The 2020s
- From college athletes being compensated more like their professional counterparts to challenges to leagues’ traditional revenue streams, expect plenty of off-the-field changes across the sports world.
- ESPN, 12.30.19 – Sportsbooks On Pace For Best Football Season Ever
- The betting public doesn’t exactly have a stellar track record, but the 2019 football season will go down as one of its worst.