Industry News of the Day for December 6, 2022
- SBC Americas: WagerWire & Wagr Partner To Elevate Sports Betting User Experience
- Sports betting marketplace WagerWire has partnered with sports betting platform Wagr to bring community and user experience to the forefront of the industry’s offering. WagerWire deal with Wagr is the marketplace’s first of its kind with a sportsbook, and it follows the completion of a seeding round for the company earlier this year.
- PlayAZ: Arizona Sportsbooks Experience 85% YOY Jump In September Betting
- September figures show an increase in the popularity of sports betting in Arizona. The state saw a year-over-year increase of 84.7% in money bet on Arizona sports betting apps when compared to September 2021, according to a press release from the Arizona Department of Gaming. Gamblers across the state wagered around $538 million on sports in September, a $245 million increase from September 2021.
- The Quad-City Times: What The Future Of Gaming Means to The Quad Cities
- The hospitality industry is among those hardest hit by the one-two punch of the COVID-19 pandemic and inflation, but leaders say relief is coming. In Davenport, Elite Casino Resorts Regional Vice President Mo Hyder points to a sign of a turnaround: The company is expanding into Illinois.
- The Kansas City Star: Top House Leader Has ‘No Interest, Whatsoever’ In Changing Sports Betting Law
- The new Republican speaker of the Kansas House on Monday ruled out changing a controversial sports gambling fund dedicated to attracting the Chiefs or another professional sports team. House Speaker-elect Dan Hawkins of Wichita said he has “no interest, whatsoever” in reopening a state law passed this spring that legalized sports betting after years of protracted negotiations and lobbying.
- PlayMichigan: MGCB Cracking Down On Illegal Gambling In Michigan, But It’s A National Issue
- Though legalized gambling continues to expand across the United States, illegal gambling is still a prevalent issue. The American Gaming Association released a report last week that stated Americans gamble nearly $511 billion each year by illegal means. Whether through unregulated sportsbooks, iGaming websites or illegal machines, these forms of gambling are impacting governments, which are missing out on more $13 billion in tax funds.
- PlayMissouri: Hoskins Pre-Files Priority Sports Betting Legislation For 2023
- Sen. Denny Hoskins, a Republican state legislator, pre-filed priority legislation on Dec. 1 that would legalize sports betting. The measure would both legalize sports wagering and allow video lottery terminals (VLTs) to operate within retail lottery locations, veteran and fraternal facilities, bars and truck stops.
- Legal Sports Report: Vague NY Sports Betting Amendment On ‘Predatory’ Bonuses Appears
- BetMGM chief revenue officer Matt Prevost thinks the era of operators spending wildly on marketing, advertising and promotions like they did in order to acquire NY sports betting customers is all but over. “Anyone who lived through the New York launch saw the craziness of the offers. I think those days are waning,” Prevost said at the Sports Business Journal Media Innovators conference.
- iGB North America: North Dakota To Allow Online Casino, Sports Betting On Tribal rounds
- North Dakota governor Doug Burgum and the chairpersons of the state’s five tribal nations have signed new gaming compacts, opening the door for online offerings on tribal reservations. Mobile betting will be legalised in areas within the physical boundaries of the tribal land. An addendum added to the compacts by the tribes to allow those types of games outside the borders of the reservations was not included in the final draft.
- PlayOhio: Sports Betting Brings Changes To Ohio’s Voluntary Exclusion Program
- With sports betting set to go live in Ohio on Jan. 1, the state is making changes to its Voluntary Exclusion Program, rebranding the initiative as “Time Out Ohio” for marketing purposes. The statewide voluntary exclusion program, a responsible gambling initiative administered jointly by the Ohio Lottery Commission and the Ohio Casino Control Commission, currently lets anyone voluntarily ban themselves from entering Ohio’s four casinos and seven racinos.