Industry News of the Day for February 19, 2020

Industry News:

  • Gambling Compliance, 2.19.20 – US Gaming Groups Unite To Combat Grey Machines (subscription paywall)
    • Legislative efforts by several states to crack down on so-called grey-market gaming machines either through measures banning the devices or stepped up enforcement efforts received support Tuesday from about two-dozen gaming organizations.
  • Chicago Business Journal, 2.18.20 – Media Deals With Sportsbooks Strike Bet On Gambling Growth (subscription paywall)
    • With the arrival of legal sports betting outside Nevada, nearly every major player in sports media has paired with a sportsbook operator.

Sports League News:

New Jersey:


New York:

  • The Wall Street Journal, 2.18.20 – Some New York Lawmakers Push Mobile Betting Amid Budget Deficit
    • As state lawmakers debate whether to legalize mobile sports betting in the Empire State, New Yorkers wagered $837 million on sporting events in New Jersey last year, according to an industry-funded study released Tuesday.





South Dakota:


  • Sports Handle, 2.19.20 – Tennessee Sports Betting Launch Delayed As Proposed Regs Get Revised
    • Tuesday’s Tennessee Sports Wagering Advisory Council meeting was nothing if not eventful. The Council, made up of nine appointees, determined that the proposed sports betting rules need another draft, and the most controversial issue — an 85% percent cap on payouts — looks to be headed to somewhere around a 90% cap.
  • Gambling Compliance, 2.19.20 – Tennessee Sports-Betting Council Recommends Higher Maximum Payout Cap (subscription paywall)
    • A controversial provision in Tennessee’s draft sports-betting regulations that would require operators to payout no more than 85 percent of wagers will likely be modified following recommendations by an advisory council and comments from top regulators Tuesday.
  • TN Bets, 2.18.20 – Tennessee Sports Betting Might Not Be Live By Football Season
    • Tennessee’s legal sports wagering industry won’t be ready for at least several months and potentially not even in time for the upcoming college and NFL football seasons.