Industry News of the Day for February 25, 2022
iDEA Growth Member News:
- SBC, 2.25.22: Paysafe Partners With Hard Rock Online Casino In New Jersey
- Paysafe has partnered with the Hard Rock Online Casino in New Jersey to provide online credit and debit card payment process solutions for its mobile app.
- Play NY, 2.24.22: Buffalo Sabres Add FanDuel Sportsbook As Official Sports Betting Partner
- FanDuel is an official sports betting partner of the Buffalo Sabres.
Overall Industry News:
- SBC, 2.25.22: 2022: SportsHandle: That Was The Week That Was In US Sports Betting
- SportsHandle and friends deliver another round-up of the week’s big developments in US sports betting.
New York:
- Play USA, 2.24.22: New York Screams Past $2 Billion In Online Sports Betting Handle In Record Time
- Online sports betting in New York has been breaking records since its launch, and you can add another to the list. The state’s market is now the fastest in the country to reach the $2 billion betting handle mark.
- Action Network, 2.25.22: New York Lawmakers Introduce New iGaming Bill
- New York state lawmakers introduced a new online casino gaming bill (S8412) on Thursday, potentially paving the way for the nation’s top iGaming platform.
Maryland:
- Legal Sports Report, 2.24.22: Mobile Sports Betting On Long-Term Hold In Maryland
- As regulators approve more retail sportsbook licenses in Maryland, mobile sports betting is still stuck in a slog of bureaucracy.
- Sports Handle, 2.24.22: Ninth Maryland Entity Found Qualified For Retail Sports Betting
- A Maryland Sports Wagering Advisory Council (SWARC) meeting this month gave little clarity as to the state’s potential timeline for the launch of mobile sports betting. A lottery meeting Thursday didn’t offer any hints either.
California:
- Legal Sports Report, 2.25.22: Poll: California Sports Betting Has Support But Many Undecided
- That means the push to place sports betting initiatives on the 2022 California ballot should be a key educational period for voters that will determine the outcome.
- IGB, 2.24.22: New Poll Reveals Tepid Early Support For California Sports Betting
- The Berkeley Institute of Governmental Studies has released results of a poll indicating California voters offer “some” support for legalization of sports betting in the state.
New Hampshire:
- IGB, 2.24.22: New Hampshire Smashes Revenue And Handle Records In January
- New Hampshire set a new monthly sports betting handle record of $99.5m in January, while the state’s revenue also reached an all-time high of $8.0m.
Iowa:
- Play IA, 2.24.22: Just In: Iowa Collected $16.3 Million In Super Bowl Bets
- NFL fans in Iowa didn’t have the Kansas City Chiefs to bet on, but the state’s 2022 Super Bowl bets still matched the pace set a year ago.
Nevada:
- US Bets, 2.25.22: Nevada Posts Record $1.1 Billion Sports Betting Handle For January
- Nevada extended its streak of billion-dollar monthly sports betting handles to four after the state’s Gaming Control Board on Friday reported a record $1.1 billion worth of wagers for the month of January.
Alabama:
- Sports Handle, 2.25.22: Alabama Lawmaker Proposes Legal Sports Betting In One County
- John Rogers, a member of the Alabama House of Representatives, proposed a unique sports betting bill Thursday.
Louisiana:
- KTBS, 2.24.22: 4 Days Of Mobile Sports Betting In Louisiana Nearly Matches Full Month For Retail
- The first available report on mobile sports betting in Louisiana shows the online platform took in nearly $40.5 million in bets in the first four days, compared with nearly $50 million for a full month of retail betting.
Kentucky:
- Legal Sports Report, 2.24.22: Another Attempt To Legalize Sports Betting Introduced In Kentucky Senate
- Kentucky legislators have introduced sports betting bills in recent years, only to fall short of legalization in the state.
Arizona:
- Sports Handle, 2.25.22: Second Arizona Bill Seeks To Consolidate Gambling Regulators
- On Monday, an Arizona bill involving sports betting made its way through the Arizona House Rules Committee. A similar bill is making progress in the Arizona Senate.