Industry News of the Day for February 20, 2020
iDEA Growth Member News:
- Gambling Compliance, 2.20.20 – Gambling Studies Draw Contradictory Conclusions On Voluntary Loss Limits (subscription paywall)
- Two studies, one looking at Paf and the other at Kindred Group data, have drawn seemingly opposite conclusions on the effectiveness of voluntary gambling limits.
- Des Moines Register, 2.19.20 – How DraftKings Hopes To Set Itself Apart As It Launches Iowa’s Latest Sports Betting Mobile App
- The daily fantasy sports giant opened brick-and-mortar sportsbooks at casino locations in Jefferson, Clinton and Emmetsburg in October. Now, the mobile version follows, allowing the casinos to be the 11th, 12th and 13th in Iowa to also extend their reach to customers’ phones and desktops.
- PlayIA, 2.19.20 – DraftKings Sportsbook App Posed To Be Game-Changer As It Launches In Iowa
- The DraftKings Sportsbook app has officially arrived in the state of Iowa.
- SportBusiness, 2.20.20 – Sportradar And The Action Network Agree To Real-Time Data Partnership
- Sports data firm Sportradar has announced a multi-year partnership with US sports betting content platform The Action Network to become its official sports data and content provider.
- PlayUSA, 2.19.20 – PlayUSA Rewind: Could NFL’s Washington Redskins Offer Legalizing Sports Betting?
- The XFL is off to a hot start (one that exceeded the AAF in no time). More and more legalized sports betting platforms continue to pop up. So, too, are more and more bills to regulated wagering.
- WSBT, 2.19.20 – Operation Education: Digging Into What Gambling Contributes To Indiana, Michigan Education
- With all that money from gambling in Michigan and Indiana, how much goes to education?
Overall Industry News:
- SBC Americas, 2.19.20 – AGA Pens Open Letter To Democratic Candidates On Eve Of Big Debate
- Ahead of this evening’s Democratic Presidential Debate in Las Vegas, AGA President and CEO Bill Miller has penned an open letter to the Democratic presidential candidates, calling attention to the important role the gaming industry plays in the 2020 elections.
- Legal Sports Report, 2.19.20 – PA Sports Betting Hits New Record With Almost $350 Million In January Wagers
- Pennsylvania sports betting reached a new high for wagers in January, despite the fact that there was less football on which to bet.
- PlayPennsylvania, 2.19.20 – PA Sports Betting Heats Up In 2020 With Record-Breaking $348 Million January
- A limited slate of football action and a normally dreary month for sportsbooks didn’t stop Pennsylvania from experiencing record-breaking numbers.
- iGB North America, 2.19.20 – Pennsylvania Sports Betting Revenue Soars In January
- The Pennsylvania Gaming Control Board (PGCB) has reported a 16.9% year-on-year rise in gambling revenue for January, aided by growing contributions from igaming and sports betting.
- iGB North America, 2.20.20 – Connecticut To Consider New Sports Wagering Bills
- Lawmakers in Connecticut are to run the rule over several new bills that would legalise sports betting in the state, though the legislation is dependent on Governor Ned Lamont reaching agreements with the Mashantucket Pequot and Mohegan tribes.
- Gaming Intelligence, 2.20.20 – Connecticut Revisits Regulated Sports Betting With New Bill (subscription paywall)
- Connecticut’s Public Safety and Security Commission has introduced legislation to authorize sports betting in the state, subject to the Mashantucket Pequot Tribe and the Mohegan Tribe agreeing amended procedures and compacts with Governor Ned Lamont.
- CBS New York, 2.19.20 – Pressure’s On Albany After Study Reveals NJ Has Collected $837 Million From Mobile Sports Gamblers In NY
- According to a new study, New Jersey is raking in the dough from New Yorkers anxious to place bets.
- Action Network, 2.19.20 – Study: New York Is Losing $200+ Million By Not Legalizing Online Sports Betting
- Between $203 million and $286 million. That’s the estimated range of money being left on the table by New York thanks to its paucity of retail sports betting options and its complete lack of online avenues, according to a new study released by market research firm Eilers & Krejcik.
- CBS New York, 2.19.20 – Push On To Legalize Mobile Sports Betting In New York
- A lawmaker told CBSN New York’s Marcia Kramer on Wednesday the time has come to legalize mobile sports betting in the Empire State, after a study revealed New Jersey has taken in more than $800 million from New York gamblers.
- US Bets, 2.19.20 – A Billion Reasons For New York To Rush To Add Downstate Casino Licenses?
- What is a New York City-area casino license worth? Other than “a lot,” the most popular speculation has pegged each of the three licenses — currently unavailable by state law until 2023 — at roughly $500 million.
- The Baltimore Sun, 2.19.20 – Maryland Sports Betting Could Be Coming, But Will The State Take The Right Approach?
- At long last, Maryland lawmakers are considering authorizing sports betting with proposed measures that will put sports betting expansion to a vote of the people on the November ballot.
- WFMD, 2.19.20 – Senator Hough Comments On Plastic Bag Ban And Maryland Gambling Expansion
- Hough gave comment on the Senate’s 46-1 Tuesday vote to take gaming provisions out of the state’s constitution. The amendment would make it easier for lawmakers to expand forms of gambling like sports betting.
- Chicago Sun Times, 2.19.20 – Illinois Sports Betting Will Launch In Time For March Madness, Pritzker Says
- J.B. Pritzker is betting Illinoisans will be able to start putting down big-game money in time for the Big Dance next month.
- Legal Sports Report, 2.19.20 – Casinos Might Use Official League Data For Missouri Sports Betting But Not If It’s Require
- Both Rep. Phil Christofanelli and his constituents want Missouri sports betting legalized this year.
- Gambling Compliance, 2.20.20 – New Draft Of Tennessee Sports-Betting Regulations To Include Set Payout Cap (subscription paywall)
- An upcoming draft of sports-betting regulations in Tennessee will include a 92 percent cap on payouts, the chair of the Tennessee Education Lottery Corporation’s (TELC) board of directors said Wednesday.
- News Channel 5, 2.19.20 – Why’s It Taking So Long To Make Sports Betting Happen In Tennessee?
- Online sports gambling became legal in July of 2019, but placing a bet on your favorite team may not become a reality until the fall of 2020 because of concerns over the proposed rules.
- PlayIndiana, 2.19.20 – GOP Lawmakers Trying To Sink KY Sports Betting Bill With Added Amendments
- Indiana casinos and sportsbook operators might be among the biggest fans of Republican legislators in the Bluegrass State right now. Those legislators’ attempts to delay or derail the process of Kentucky sports betting legalization works in their favor.
- iGB North America, 2.20.20 – Mississippi Sports Betting Revenue Up To $4.6M In January
- The Mississippi Gaming Commission has revealed that sports wagering revenue increased 64.5% year-on-year to $4.6m in January, while the state’s handle also climbed by $10.0m.
- Tulsa World, 2.19.20 – State Budgets Revenue From Tribal Gaming Operations
- Oklahoma state officials continue to include anticipated revenue from tribal gaming operations in state budgets, despite Gov. Kevin Stitt arguing in federal court that the gaming operations, themselves, are now illegal.
- Law360, 2.19.20 – Tribes Say Two Others Don’t Belong In Gaming Pact Suit (subscription paywall)
- A group of Native American tribes urged an Oklahoma federal judge on Tuesday to reject a bid by two other tribes to take part in litigation against Oklahoma Gov. Kevin Stitt, saying those two tribes don’t have the kind of conflict with the fovernor that would let them step into the suit over tribal state gaming deals.
- KOMO News, 2.19.20 – From Sports Betting To Flavored Vape Ban, State Lawmakers Scramble To Pass Bills
- From sports betting to banning flavored vaping products, state lawmakers are working hard to pass several bills this legislative season.
- Betting News, 2.20.20 – Could Alaska Be On The Verge Of Legal Sports Betting?
- There are two lottery-focused bills being discussed in Alaska, one of which being far more comprehensive and including sports betting.