Industry News of the Day for February 1, 2019
Industry News:
- US Poker, 1.30.19 – Rough 2018 For NJ Online Poker May Cause Online Poker In PA To Hesitate
- New Jersey‘s online poker market just struggled through its worst year in history. The dearth of action may give operators in Pennsylvania pause about launching online poker in PA.
- Philly.com, 1.30.19 – Ranking Philly and South Jersey sportsbooks ahead of Super Bowl 2019
- The latest Philly.com rankings of the sportsbooks in Southeastern Pennsylvania and South Jersey. Many places are running specials for the Super Bowl, so check web sites. Mobile sports betting is available within New Jersey, but not in Pennsylvania until maybe spring.
Oregon:
- Legal Sports Report, 1.31.19 – Oregon Sports Betting Could Be Live By NFL Season, State Lottery Says
- It’s never too early to look ahead to the 2019 football season. For Oregon, that has never been more true. In a Thursday email to Legal Sports Report, Oregon Lottery spokesman Matthew Shelby confirmed that the state might have sports betting this year.
Missouri:
- Sports Handle, 1.31.19 – Missouri’s Hoskins On Legal Sports Betting: ‘Nothing Is Off The Table’
- Missouri Senator Denny Hoskins (R-District 89) has a sense of humor. When asked on Thursday how the hearing for his SB 44 before the Senate Small Business and Industry Committee went, he replied, “I think it went as well as can be expected, as in nobody is really, really happy and they’re just going to have to decide what they can live with an what they can’t.”
Nevada:
- ESPN, 1.31.19 – Record $5 billion in bets at Nevada sportsbooks in 2018
- For now, Las Vegas remains the American sports betting epicenter. A record $5 billion was bet at Nevada sportsbooks in 2018, the first year with legal bookmakers operating in several states around the U.S.
Pennsylvania:
- Play Pennsylvania, 1.30.19 – FanDuel Will Make It To Valley Forge In Time For March Madness
- Valley Forge Casino Resort is going through property-wide enhancements, and one of the biggest additions is a FanDuel-branded sportsbook. The casino hopes for a mid-March opening of for the new facility. The target date lines up perfectly with the start of the NCAA Tournament, which is one of the busiest periods on the sports betting calendar.
New Jersey:
- Legal Sports Report, 1.31.19 – Here’s Everything We Know About NJ Online Sports Betting Right Now
- New Jersey sports betting is here, both for physical sportsbooks and now for online wagering, including for the Super Bowl.
- AP, 1.31.19 – New Jersey eyes restoring subsidy for horse racing industry
- New Jersey lawmakers passed a measure Thursday that would restore government subsidies for the state’s horse racing industry.
- NJ Gambling Sites, 1.30.19 – Ready For Kickoff: Hard Rock AC Opens Its Retail Sportsbook For Super Bowl Betting
- The rumors have been circulating for weeks that Hard Rock Atlantic City would offer NJ sports betting by Super Bowl LIII. Well, it’s no longer a rumor as the Hard Rock Sportsbook is open for business.
- AP, 1.31.19 – Resorts, Hard Rock roll out new sports betting products
- Just days before the Super Bowl, two Atlantic City casinos have rolled out new sports betting products to capitalize on interest in the big game. Resorts Casino launched its own branded online sport betting operation Thursday morning. It will complement the in-person sports betting lounge the casino operates with DraftKings.
- The Sports Biz, 1.31.19 – Prudential Center And New Jersey Devils Unveil Caesers Club, Continuing To Capitalize On Sports Betting Boom
- The legal sports betting boom has been well-documented over the course of the last many months, with billions of dollars being poured into the industry in states where it has been deemed permissible.
- NJ Gambling Sites, 1.31.19 – Resorts Online Sportsbook Gets Into The NJ Sports Betting Game, Too
- Resorts is already king of the NJ online sports betting market. And a big part of that comes from its ties with DraftKings Sportsbook. But with Super Bowl 2019 days away, Resorts Atlantic City is upping the stakes by unveiling the Resorts-branded online sportsbook.
- Sports Handle, 2.1.19 – Quick And Dirty Super Bowl Betting Guide For New Jerseyans
- Celebrate, my fellow New Jersey friends. The marquee event is here for Year One of legal sports betting in New Jersey, where betting handle and interest has steadily increased since June 2018.
- NJTV, 1.31.19 – Breaking down the Super Bowl’s impact on sports betting in Atlantic City
- NJTV News Business Correspondent Rhonda Schaffler spoke with Nicholas Amato, an attorney at Genova Burns in Newark. Amato was the former executive director of the New Jersey Casino Reinvestment Development Authority and a past president of the Casino Association of New Jersey. He spoke about the impact the Super Bowl will have on legalized sports betting in New Jersey.
Virginia:
- WHSV, 1.31.19 – Virginia sports betting bills advance
- The odds of Virginia legalizing professional sports betting are improving as bills to authorize sports gambling are advancing in the Virginia General Assembly. However, legalizing online sports betting may need a little push from companies that wish to bring their business to the commonwealth.
Montana:
- MontanaSports.com, 1.31.19 – Montana lawmakers considering legalized sports betting
- Sunday is the biggest day of the year for advertisers, grocery stores, and sports gamblers. Last year, $158 million were wagered in Nevada on the Super Bowl, an all-time record. But that number will be dwarfed this year because of a Supreme Court ruling last May that has brought betting into the mainstream more than ever before.
Rhode Island:
- Providence Journal, 1.31.19 – Mobile sports wagering in R.I. is on fast track
- Gamblers may not have to wait until this summer to place sports bets from their phones in Rhode Island. With sports wagering revenue lagging budget targets this winter, General Assembly leaders are fast-tracking legislation to legalize mobile wagering within state borders.
Federal News:
- Legal Sports Report, 1.31.19 – Wire Act Opinion Could Strip Education, Social Services In Sports Betting States
- Nearly two weeks ago, a new Wire Act opinion surfaced from the Department of Justice’s Office of Legal Counsel, potentially shaking the foundation of modern gaming.
iDEA Growth Member News:
- MarketWatch, 2.1.19 – Want to bet on the Super Bowl? A suspicious amount of online gambling takes place near state lines (J. Ifrah quoted)
- Nearly a year since the Supreme Court opened the door to legalized online sports betting, only a few states, including New Jersey and Nevada, have passed through it. In most of the rest of the country, it is still illegal.
- NJ Gambling Sites, 1.31.19 – How To Bet On The 2019 Super Bowl For Free With DraftKings Sportsbook
- The New England Patriots and Los Angeles Rams aren’t the only ones with a chance to win big on Super Bowl Sunday. You can, too. In fact, DraftKings Sportsbook has made Super Bowl 53 a great opportunity for anyone 21 and older and in New Jersey to jump into the budding legal NJ sports betting market and place up to $600 worth of risk-free bets.
Overall Industry News:
- Legal Sports Report, 1.31.19 – Super Bowl 2019: Where To Wager For The Biggest Sports Betting Day Of The Year
- No Super Bowl in history, in terms of sports betting, ever performed like last year’s big game. That had its yearlong time in the spotlight. Super Bowl LIII is poised to put it to shame.
- Sports Handle, 1.31.19 – Lopsided Super Bowl LIII Betting Handle Sets Stage For Potential Sportsbook Disaster
- With only a few of days left until the New England Patriots and Los Angeles Rams take the field for Super Bowl LIII, I have a feeling that sportsbook operators are probably a little more nervous than usual. Given the enormous betting handle on the Super Bowl, a bad result can be disastrous for books.
- Fox News, 1.31.19 – Sports betting reaches new level as people gamble on political topics during the Super Bowl
- People are placing bets on President Trump’s twitter habits during the game; financial analyst Dan Geltrude weighs in.
- CBS New York, 1.31.19 – Eye On Cyber: Protecting Your Sports Betting Account
- This year, many fans can legally place their bets on the Super Bowl – online. With all that money flowing online, the odds are, criminal hackers will try to take advantage.