Industry News of the Day for January 12, 2024

By iDEA | January 12, 2024

Industry News

  • SBC Americas: Federal lawmakers Announce Bill To Study And Treat Problem Gambling
    • A landmark piece of federal legislation has been introduced aimed at treating and studying gambling addiction. Sen. Richard Blumenthal and U.S. Rep. Andrea Salinas have introduced the Gambling Addiction Recovery, Investment, and Treatment Act — a bill that would make history as the first piece of legislation to create a federal funding stream to address problem gambling. “Gambling addictions are hurting countless families, children, and communities in Oregon and across America. Yet unlike alcohol and drug addictions, there are currently no federal funds devoted solely to helping stop problem gambling,” said Salinas.
  • US Bets: Industry Insiders Make Responsible Gambling Predictions For 2024
    • This past summer, a youth soccer team from the Pacific Northwest traveled to Europe to play some friendlies. This team had dominated its league back home, and it understandably took the pitch on the old continent brimming with confidence. That balloon of self-assurance was quickly deflated when the U.S. team got smoked, game after game. The Europeans were simply more skilled, seasoned, and cohesive, providing the American youngsters with a roadmap for how far they still had to go.

California

  • PlayUSA: California Cardrooms Go On Offensive Against Tribal Lawsuit Bill
    • A bill that would give standing for California Indian tribes to sue cardrooms to resolve their issues regarding the legality of cardroom table games is on the move. And cardrooms are going on the offensive before any further action is taken. As the 2024 California legislative session began last week, SB 549 was assigned out of Rules purgatory and into the Assembly Governmental Organization Committee. In anticipation of a committee hearing at the end of this month, more than 200 cardroom supporters gathered Tuesday in front of the Capitol Building in Sacramento.

Florida

  • Sports Handle: Florida Gaming Commissioner: Sports Bettors Show Fervor In First Month
    • Bills Mafia infiltrated the Seminole Hard Rock Hotel & Casino last weekend, painting the casino with a hue of royal blue and red before a critical showdown against the Miami Dolphins. Inside a glitzy South Florida sports bar adorned with a giant wall of large-screen TVs, Bills fans gleefully wagered on the Steelers-Ravens matchup and other sports events on the Saturday slate. One Bills supporter who donned a custom-made “Juice 32” jersey in homage to O.J. Simpson has already booked a trip to Las Vegas for the Super Bowl.

Massachusetts

  • PlayUSA: Online Lottery App Jackpot.com Goes Live In Massachusetts, Its Fourth State
    • The lottery app and website, Jackpot.com initiated the new year with a significant expansion, marking its presence in its fourth US state, Massachusetts. This move follows the successful launch into other flourishing gaming markets, such as Ohio, Texas, and New York lottery markets, which it made in August 2023. Jackpot.com allows users to effortlessly purchase official state lottery tickets and conveniently claim their winnings directly from their mobile phones, desktops, or any other device. The app revolutionizes the traditional lottery experience by eliminating the need to leave the house.

New Jersey

  • The Guardian: Gambling Boom Detrimental To New Jersey Economy, Report Says
    • A promised economic boom from online gambling’s rapid expansion across the United States may be a mirage, according to new research. New Jersey, which led the charge for mobile sports betting’s legalization, has received hundreds of millions of dollars in taxes from the sector. But economists cautioned that the cost of higher problem gambling rates could be “roughly equal” to the state’s takings. In a report seen by the Guardian, they estimated economic output, jobs and wages have been knocked by New Jersey’s digital gambling surge – calling into question industry claims that legalization can provide a boon to states nationwide.

North Carolina

  • NC Sharp: North Carolina May Not Have Enough Sports Betting Partners
    • Five dance partners remain for sportsbooks hoping to enter the North Carolina online sports betting market, and there’s no guarantee that everyone will get to dance. All operators hoping to launch in North Carolina must secure an exclusive partnership with one of 11 sports entities, including five pro sports teams, two racetracks, two PGA golf courses, NASCAR and the PGA. Of those eleven, all but NASCAR and the PGA include the potential for opening a retail sportsbook. The top sportsbooks in the country have all found their NC dance partners, leaving five entities for a handful of smaller sportsbooks interested in North Carolina online sports betting.
  • The News & Observer: We Tested The Transparency Of NC Legislators. Their Emails Show pleas To Reject Casinos
    • After GOP lawmakers moved last year to fully exempt themselves from the state’s public records law, The News & Observer filed public records requests with every state lawmaker to see which legislators would continue to opt for transparency. The N&O requested all 170 members of the North Carolina House and Senate to provide all of their communications from Sept. 19, the day that Republican leaders reached an agreement on the state budget after months of negotiations.
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