Industry News of the Day for February 24, 2021
iDEA Growth Member News
- SBC Americas, 2.24.21 – FanDuel And Washington Football Team Make $1M Contribution To UNCF
- FanDuel Group and the Washington Football Team, on the heels of their mobile sports betting market access partnership launch in Virginia in January, have announced a $1m contribution to the United Negro College Fund (UNCF).
- Bloomberg, 2.24.21 – FanDuel, DraftKings Bet On Big Law Amid Sports Gambling Surges
- FanDuel Inc. and DraftKings Inc., two arch rivals in daily fantasy sports, are turning to large law firms to bolster in-house legal and compliance staffs as they embrace regulatory changes paving the way for the expansion of their businesses.
- SBC Americas, 2.24.21 – Golden Nugget Partners With Tioga Downs For New York Online Gaming
- Golden Nugget Online Gaming Inc has entered into a definitive agreement with Tioga Downs Race Track LLC for future online gaming market access in the state of New York, subject to legislation, regulatory approval, license eligibility and availability.
- US Bets, 2.23.21 – March Madness, Indeed, Coming In States With Complicated College Sports Betting Rules
- With March Madness will come more than a speck of confusion in eight U.S. jurisdictions, where fans will discover that they can wager on March Madness, alright — just not on their favorite schools within their state borders.
- PlayNJ, 2.23.21 – TheScore To Go Public In US As NJ Online Casino Launch Nears
- Canadian sportsbook operator Score Media and Gaming Inc., announced an initial public offering in the United States.
- PlayNJ, 2.23.21 – 5 NJ Online Casino Stories To Watch Following $103 Million Start
- The question of when the NJ online casino industry will have its first $100-million-plus month is now answered.
- New York Business Journal, 2.24.21 – New York Push For Legalized Mobile Betting Meets Challenges (subscription paywall)
- The process to make mobile gaming and sports wagering legal in New York state may take longer than anticipated.
- WSN, 2.23.21 – Vermont Makes Progress With New Bill For Sports Wagering Legislation
- New England is seeing a recent influx of sports wagering legislation come forth early in 2021.
- Gambling.com, 2.23.21 – New Hampshire Sets Sports Betting Handle Mark, Revenue Dips
- New Hampshire’s embrace of sports betting was evident in January when the state once again set its all-time record in handle.
- Washington Business Journal, 2.23.21 – Handle19 Is Regrouping After Efforts Top Open Homegrown DC Sportsbook Hit Hurdle
- After a license denial by D.C. regulators, owner Shane August isn’t giving up on his Capitol Hill venture.
- Legal Sports Report, 2.23.21 – Tennessee Lottery Gives Update On Irregular Sports Betting Activity
- Sports betting in Tennessee has taken off since its Nov. 1 launch but the market’s regulators still have plenty to figure out.
- Legal Sports Report, 2.23.21 – Analysis: Georgia Sports Betting Constitutional Questions Key To Discussion
- With COVID-19 likely to be brought under control in the next few months states are looking for ways to fire their economies back up. Georgia is apparently no exception.
- WBRZ, 2.23.21 – Louisiana Opens Applications For Sports Betting Licenses
- More than two years after voters in most parishes approved fantasy sports contests, businesses can finally begin applying for licenses to begin operating the games within the state.
- SBC Americas, 2.24.21 – Senate Vote On Alabama Lottery Casino And Lottery Bill Delayed By Two Weeks
- A vote on casino and lottery legislation that would allow sports betting in Alabama is being delayed in the state’s Senate by at least two weeks as its Republican sponsor continues to negotiate the final details.
- Sports Handle, 2.23.21 – Texas Bill Would Allow Pro Teams To Be Licensed Sportsbook Operators
- A bill filed Tuesday in Texas would give professional sports teams the opportunity to be licensed sports betting operators provided voters approve a constitutional amendment to legalize sports wagering in the state in November.
- KVUE, 2.23.21 – Texas Lawmakers File Bills Regarding Sports Betting
- On Tuesday, Republican Rep. Dan Huberty and Democratic Sen. Juan “Chuy” Hinojosa each filed two matching bills in their respective chambers.
- Sports Handle, 2.23.21 – Arizona Sports Betting Bill Continues Limp Forward In Senate
- Within a span of minutes on Tuesday, the Arizona Senate pulled a sports betting bill and then brought it back to life in the form of an amendment — onto a historical horse racing bill.
- The Action Network, 2.23.21 – Amended Arizona Sports Betting Legislation Passes Senate Committee With Historic Horse Racing Bill
- Arizona lawmakers advanced sports betting legislation Tuesday after attaching it to a historic horse racing bill, creating a potential political minefield that jeopardizes the entire package.
- PlayMichigan, 2.23.21 – Bryan Newland Did ‘Amazing Things’ For Bay Mills And Michigan Online Gambling
- In more ways than one, Bryan Newland did a lot to help the Bay Mills Indian Community. The longtime tribal leader earned accolades for his efforts to aid online gambling in Michigan.
- PlayIllinois, 2.23.21 – New Amendment Would Slash Taxes For Illinois Sports Betting Operators
- A new amendment would allow Illinois sports betting operators to deduct promotional spend from adjusted gross revenues before applying state tax.
- PlayIllinois, 2.23.21 – Why It’s Time To Legalize Online Casinos In Illinois
- Online casinos present a safer way to expand gaming, as people don’t have to set foot inside a retail facility. It also provides brick-and-mortar casinos that are suffering from the economic fallout with another reliable revenue stream.
- PlayOhio, 2.23.21 – Penn National Deal Could Allow Rush Street Interactive To Offer Ohio Online Gambling
- Online casinos and online sportsbooks have yet to be legalized in Ohio, although lawmakers continue to explore various possibilities.
- PlayIA, 2.23.21 – New Nebraska Casinos Could Put Iowa Infrastructure Budget ‘In Serious Jeopardy’
- As racetrack casinos gain foothold in Nebraska, concerns over gaming revenue begin to shift to the Iowa side of the Missouri River.
- Associated Press, 2.23.21 – House Wants Voters To OK Online Gambling, Sports Betting
- The North Dakota House wants residents to decide if sports betting and internet poker should be allowed in the state, reflecting a relaxation of anti-gambling attitudes in the highly conservative state.
- Grand Forks Herald, 2.23.21 – Sports Betting And Online Poker Could Be On North Dakota Ballot In 2022
- The legalization of sports betting and online gambling could go to North Dakota voters after House lawmakers advanced legislation Tuesday, Feb. 23, that would put both issues on next year’s general election ballot.
- Sports Handle, 2.23.21 – South Dakota Lawmakers Dump Two Sports Betting Bills In House
- Four months after South Dakota voters approved legal sports betting at Deadwood casinos, a pair of House bills creating a regulatory framework for wagering died in committee this week.