Industry News of the Day for January 18, 2021
iDEA Growth Member News
- MLive, 1.18.21 – Operators Expect Competitive Market When Online Gaming, Sports Betting Launches In Michigan (DraftKings, FanDuel, FOX Bet)
- Michigan’s state gambling laws and competitive tax rates on online wagering has sportsbook and casino operators eager to launch in the state.
- PlayUSA, 1.15.21 – MGM & Entain Talks An Example Of The Path For US, European Gaming Deals
- Retail-rooted American gaming companies are likely to continue their gaze toward their online-focused European counterparts, as evidenced by the proposed $11 billion takeover of Entain by MGM Resorts, gaming industry analyst and SpringOwl Asset Management CEO Jason Ader said.
Industry News:
- Sports Handle, 1.16.21 – Get A Grip: The Week In Sports Betting: Texas Saddles Up, Georgia Too, Another New Jersey ‘Record’ And New York’s Cuomo Advances Ball
- Here’s the weekend (or fashionably late) Sports Handle item, “Get a Grip,” recapping the week’s top US sports betting stories, highlighting some fresh news, and rounding up key stories.
- iGB North America, 1.18.21 – WynnBet Expands Market Access To 7 US States
- Wynn Resorts’ online gaming division, WynnBet, has increased its market access to include seven US states following a multi-year market access partnership with Elite Casino Resorts in Iowa.
Federal News:
- PlayNJ, 1.15.21 – NJ Horsemen Settle Sports Betting Suit With Leagues, Not Just For $150 Million
- A multi-million dollar lawsuit arising from a years-long legal battle to overturn the federal ban on sports betting may have reached its conclusion.
New Jersey:
- PlayNJ, 1.16.21 – Atlantic City Casino Preparing To Rebuild Positive Momentum In 2021
- Atlantic City’s casino industry reported $2.65 billion in total gaming revenue last year, according to data released Wednesday by the New Jersey Division of Gaming Enforcement. That figure represents combined revenue from casino win (table games and slot machines), NJ online gaming, and sports betting.
- PlayNJ, 1.15.21 – 5 Things To Watch As NJ Online Casino Revenue Nearly Crosses $100-Million Mark
- The NJ online casino industry is on the verge of having its first-ever $100-million month.
New York:
- The Action Network, 1.15.21 – Cuomo’s Latest Statement On New York Online Sports Betting Could Boost Hopes
- Several new words in New York Gov. Andrew Cuomo’s latest online sports betting press release could mean the governor is warming to a multi-operator model, much to the relief of the industry at large.
- WICZ, 1.15.21 – Potential Effects Of Online Sports Betting On New York Casinos
- With many looking forward to the inevitable legalization of online sports betting in New York, an aspect to consider is how it will affect casinos.
Connecticut:
- The Norwich Bulletin, 1.16.21 – Work Across Party Lines To Boost Economy: Legalize Online Sports Betting
- In his State of the State Address, Gov. Ned Lamont suggested that the possibility of legalizing sports betting would be back on the table in 2021.
- The Day, 1.16.21 – Online Wagering: The State’s Deal, Not Lamont’s Deal
- There is one justification, one pressing reason, to expand casino gaming and sports betting to online access, and that is money. Connecticut needs the revenue, which is currently going to other states that allow online betting and may be close to extending online access to mobile apps.
Washington, D.C.:
- The Washington Post, 1.15.21 – DC Bettors Can Now Wager On The Outcome Of Individual Drives In NFL Playoff Games
- The District of Columbia will never be confused for Las Vegas, but it’s helping usher in the next wave of in-game sports betting.
Virginia:
- YogoNet, 1.18.21 – Virginia’s New Bill Could Bring More Licensed Sports Betting Operators
- A bill recently prefiled in the Virginia General Assembly could increase the number of sports wagering licenses available in the state, which has plans to launch sports betting within the next month.
Maryland:
- Press Box Online, 1.18.21 – State Senator Craig Zucker On What’s Next For Sports Wagering In Maryland
- Craig Zucker (D-Montgomery County) introduced a sports wagering bill that passed the Senate unanimously in March 2020. Zucker recently spoke with PressBox about his efforts related to sports wagering in Maryland and what’s to come in 2021.
Michigan:
- Crain’s Detroit Business, 1.17.21 – Online Betting In Michigan Brings Opportunities, Challenges (subscription paywall)
- As Michigan casinos prepare to go live with online gambling as soon as this week, the state is in position to become one of the country’s top mobile betting markets, experts say.
- PlayMichigan, 1.15.21 – How To Get Ready For Michigan Online Sports Betting
- Now that mobile sports betting in Michigan is set to become reality, here are a few bits of information to help you get started, whether you’re new to betting or an avid bettor who lives in or visits Michigan.
- WLNS, 1.15.21 – Sports Betting In Michigan: PointsBet Ready To Roll Out Partnership with Northern Waters Casino
- The Michigan Gaming Control Board is expected to announce the approval of online gaming in January.
Indiana:
- Online Poker Report, 1.15.21 – Upping The Ante: Indiana Lawmaker Adds Poker To New Online Gambling Bill
- An online gambling bill is back on the table in Indiana, and this time it includes online poker.
Iowa:
- Las Vegas Review-Journal, 1.15.21 – Wynn Resorts To Launch Sports Betting App In Iowa Soon
- Wynn Resorts Ltd.’s sports betting app is set to launch soon in the Hawkeye state.
Minnesota:
- KSTP, 1.15.21 – Sports Gambling Bills To Be Introduced In Minn. Legislature, But Don’t Bet They’ll Pass
- Minnesota DFL Sen. Karla Bigham raised the hopes of Minnesota gamblers with a simple tweet: “Will soon be introducing legislation to legalize sports wagering here in Minnesota! Stay tuned!”
- MinnPost, 1.18.21 – Another Year, Another Legislature That’s Unlikely To Legalize Sports Betting In Minnesota
- One reason for the lack of action is anti-gambling sentiment among some legislators. Another is opposition from Minnesota’s tribal nations.
South Dakota:
- KCCR, 1.17.21 – House Taxation Committee Updated On Progress With Voter-Approved Sports Betting
- The South Dakota House Taxation Committee got an update from the state Revenue Department Thursday. During that, there were questions about sports betting, which was approved by voters last November.
Georgia:
- Atlanta Journal-Constitution, 1.15.21 – Backers Begin Another Bid To Legalize Sports Betting In Georgia
- A Republican state lawmaker filed legislation this week to legalize online sports betting in Georgia, aiming to expand gambling without the constitutional amendment that’s usually required.
- Savannah Morning News, 1.15.21 – Online Sports Betting Bill Introduced In Georgia General Assembly
- Online sports betting would come to Georgia under legislation introduced in the state House of Representatives Friday.
- Legal Sports Report, 1.15.21 – Could First Georgia Sports Betting Bill Of 2021 Be The One?
- The latest attempt to legalize sports betting in Georgia from Rep. Ron Stephens could prove less is more when it comes to legalizing gambling.
- US Bets, 1.15.21 – Legislation Filed For Minimum Of Six Online Sportsbooks In Georgia
- A new bill in Georgia would legalize mobile sports betting under the state lottery.
Florida:
- Legal Sports Report, 1.18.21 – Analysis: Does Florida Have Any Chance At Legalizing Sports Betting This Year?
- A new year has brought with it a small (really, infinitely small) glimmer of hope that Florida will be able to get sports betting done during this year’s legislative session.
Texas:
- Com, 1.18.21 – Eyes Turn To Texas As Sports Betting, Casino Bills Introduce
- A pair of gambling-related bills have been introduced in Texas, considered one of the most difficult of states in which to advance legalized gaming legislation.
Arizona:
- iGB North America, 1.15.21 – AZ Governor Eyes Sports Betting In “Modernized” Gaming Compact
- Arizona Governor Doug Ducey has called on legislators in the US state to pursue a new “modernized” tribal gaming compact, outlining how this could open the door to legalized sports betting and fantasy sports.