Industry News of the Day for January 11, 2022
iDEA Growth Member News:
- SBC, 1.10.22: OpenBet Partners With FanDuel In New York Market
- OpenBet has deployed its mobile sports betting technology in New York with its long-term partner FanDuel, on the same day of which the newly-regulated market launched.
- SBC, 1.11.22: FanDuel Receives Extension To Content And Marketing Partnership With PGA Tour
- FanDuel has received a three-year extension to its content and marketing partnership with the PGA Tour, keeping the sportsbook the official betting operator of the professional golf tour through to 2024.
- Play NY, 1.10.22: Online Sports Betting In New York Debuts With A Bang, According To Geolocation Data (mentions GeoComply)
- The legal online sports betting era got underway in New York over the weekend — and it’s already yielded some massive results.
Overall Industry News:
- Sports Handle, 1.10.22: What’s On Tap: NFL Playoffs, Bama-UGA National Title, And In-Game Betting At MSG
- Come here for a summary of upcoming financial happenings, legislative and regulatory meetings, industry conferences, top games scheduled for the week, and much more.
New York:
- Legal Sports Report, 1.10.22: New York Sports Betting Highs And Lows From Opening Weekend
- New York might already be the largest sports betting market in the country. The massive volume is also causing problems that accompany such massive volume.
Maryland:
- Sports Handle, 1.10.22: Maryland Sportsbooks Generate $16.5 Million Handle In First Month
- Maryland Lottery and Gaming reported more than $16.5 million in sports betting handle during December, as five operators conducted retail wagering for the first time in the Old Line State.
- Baltimore Sun, 1.10.22: Sports Betting In Maryland Tops $16 Million In First Month As Casinos Approach Revenue Records
- Sports betting topped $16 million in its first month at Maryland’s casinos, which reported nearly record revenue, according to the state.
- The Southern Maryland Chronicle, 1.11.22: Chesapeake Beach to hold Public Hearing on Sports Betting
- The Town of Chesapeake Beach will hold a public hearing on January 20, 2022, at 6:45 PM on Ordinance O-21-7, an ordinance of the Town of Chesapeake Beach to expand Admission and Amusement Tax for the Town of Chesapeake Beach to include Sports Betting for Class A1, A2, Class B1, and Class B2 Licenses.
Ohio:
- ABC 5 Cleveland, 1.10.22: Record Start For Legalized Sports Betting In 2022 As Ohio Moves To Get Up, Running By End Of Year
- Couple Monday’s NCAA National Championship game in football and this upcoming weekend’s start of the NFL playoffs along with the fact 30 states now offer legalized sports betting with New York state just introducing mobile sports betting and January has the potential to be a record-breaking month.
Montana:
- Flathead Beacon, 1.10.22: Montana Sports Bettors Wagered $46 Million on Sports in 2021
- After a tumultuous start due in part to the COVID-19 pandemic in 2020, the emergent Montana sports betting market picked up in 2021, with Montana bettors wagering $46 million through December 27.
Louisiana:
- Action Network, 1.10.22: When Will Louisiana Online Sports Betting Launch?
- Louisiana‘s online sports betting launch is right around the corner.
Alabama:
- Legal Sports Report, 1.10.22: New Alabama Sports Betting Bill Effort Shaping Up
- The journey to Alabama sports betting could be more interesting in 2022.
Illinois:
- Legal Sports Report, 1.11.22: Illinois Sports Betting Sets New Revenue Record Despite Handle Dip
- While Illinois sports betting did not hit a new handle record in November, the state’s sportsbooks shattered the revenue record.
Iowa:
- Legal Sports Report, 1.11.22: Iowa Sports Betting Slows After Three Consecutive Record Months
- Iowa sports betting hit a relative lull in December following three consecutive record monthly handles.
Colorado:
- Axios Denver, 1.10.22: Colorado Ranks Among Top 6 States For Sports Betting
- Colorado is one of the top six sports betting states in the U.S. since local voters first legalized sports gambling in 2020 — and this month may prove the most profitable yet.
- Colorado is one of the top six sports betting states in the U.S. since local voters first legalized sports gambling in 2020 — and this month may prove the most profitable yet.