Industry News of the Day for February 28, 2022
iDEA Growth in the News:
- Online Poker Report, 2.25.22: Sen. Addabbo Introduces NY Online Casino Bill Following Successful Mobile Sports Launch (John Pappas quoted)
- A new bill, introduced by Sen. Joseph Addabbo, appeared in the Senate on Thursday. It was immediately referred to the Committee of Racing, Gaming and Wagering.
- The Center Square, 2.26.22: Addabbo Files Bill To Legalize Online Casinos In New York (John Pappas quoted)
- A state senator wants to make New York the eighth state in the U.S. to legalize online casino gaming, also known as iGaming.
- The Charlotte Observer, 2.27.22: Missouri Sports Betting Plan Gets Backing From Teams, Casinos (John Pappas quoted)
- Sports betting is illegal in Missouri, but that could change under legislation up for discussion this month at the Capitol in Jefferson City.
iDEA Growth Member News:
- SBC, 2.28.22: Global Betting Firms Collaborate On International Women’s Day Campaign (DraftKings and Kindred mentioned)
- Several global betting and gaming industry firms, including Flutter, Kindred, and DraftKings, are taking part in a major campaign for International Women’s Day 2022 to highlight gender bias.
- Play NJ, 2.25.22: Hard Rock Online Casino And Paysafe Offer Players New Payment Options
- Funding an account is always a good starting point before playing slots and table games at Hard Rock NJ online casino. Of course, like other operators, there are several deposit methods.
Overall Industry News:
- Legal Sports Report, 2.28.22: The Week In Sports Betting News: More Earnings Call Surprises On Tap?
- Happy Monday, everyone. There should be no shortage of sports betting news this week with multiple key investor calls scheduled.
- Sports Handle, 2.28.22: What’s On Tap: Flutter Annual Report, Sloan Conference, NCAA Hoops Madness Begins
- Each Monday, our “What’s on Tap” series previews the week ahead in the world of sports betting
- Sports Handle, 2.25.22: Get A Grip — The Week In Sports Betting: The Times They Are A-Changin’
- Here’s the weekend Sports Handle item, “Get a Grip,” recapping the week’s top U.S. sports betting stories, highlighting some fresh news, and rounding up key stories.
New York:
- SBC, 2.28.22: Bill To Legalize Igaming Introduced In New York
- A bill has been introduced to the New York State Senate that, if passed, would legalize igaming in the state.
- Play NY, 2.25.22: Bill Introduced In Senate To Authorize Interactive Gaming, Including Online Casinos In New York
- Sen. Joe Addabbo introduced a bill Thursday to authorize iGaming in New York.
- Legal Sports Report, 2.25.22: Mobile NY Sports Betting Handle Tops $1 Billion Already In February
- Mobile NY sports betting racked up more than $350 million in handle even in a slow week for major US sports.
Connecticut:
- IGB, 2.25.22: Connecticut Online Gaming Revenue Reaches $18.8m In January
- Online gaming and in Connecticut generated net gaming revenue of $18.8m in January, 15.6% higher than the net revenue recorded in December 2021.
South Carolina:
- Play USA, 2.25.22: Democrat Cunningham Calls Sports Betting A Freedom Issue In South Carolina Governor Run
- So, as the former member of the US House of Representatives seeks his party’s nomination in a run for governor, Cunningham has foisted the legalization of sports betting as not only a source of revenue but a freedom issue in a state, he says, that stagnates under Gov. Henry McMaster.
Minnesota:
- WCCO, 2.27.22: Could A Sports Betting Bill Finally Pass In MN This Year?
- For years, proposals to expand gambling in Minnesota have been shut down in the state legislature. But this year, a sports betting bill could actually pass.
Nevada:
- Legal Sports Report, 2.28.22: Nevada Sportsbooks Report Fourth Straight Month Over $1 Billion
- An extra week of regular-season NFL games helped Nevada sportsbooks hit more than $1 billion in handle for a fourth straight month.
- An extra week of regular-season NFL games helped Nevada sportsbooks hit more than $1 billion in handle for a fourth straight month.