Industry News of the Day for January 19, 2023
- Legal Sports Report: Bally’s Cutting Up To 15% Of Interactive Employees
- Bally’s Interactive headcount will be a little leaner in 2023 as the company plans to cut up to 15% of its workforce. The company announced the news in an SEC filing shortly after the market closed Wednesday. The filing included the letter sent to employees by CEO Lee Fenton.
- Gaming Today: Tribal Gaming Power Flexed in California, Florida Could Follow
- Tribal gaming is having a moment right now. It’s about business, certainly. But it’s also about economic independence and fending off perceived existential threats, not all of which involve their ability to derive wealth from gambling. The power of the 110 federally recognized tribes in California was demonstrated in November when a coalition of Native American gambling companies funded a campaign to crush Prop 27.
- The Atlanta Journal-Constitution: Ex-Georgia Chief Justice: Sports Betting Doesn’t Require Constitutional Amendment
- A constitutional amendment is not needed for the state to allow legal online sports betting and should be considered an extension of the lottery, in the opinion of former Georgia Supreme Court Chief Justice Harold D. Melton. Efforts to get the legislation through the General Assembly have picked up this year, with the Metro Atlanta Chamber asking Melton for his views on the constitutional legality of allowing sports betting.
- Play NJ: New Jersey Sportsbooks See Nearly $11 Billion Handle For 2022
- The December NJ sports betting results are out, and Garden State gamblers placed more than $1 billion in bets for the third-straight month. The monthly handle came in at $1.05 billion, pushing the 2022 total to nearly $11 billion. According to the latest figures released by the New Jersey Division of Gaming Enforcement, gamblers wagered $10.9 billion.
- SBC Americas: Ohio Continues RG Crackdown With Caesars And Social Media Harassment
- Wednesday’s meeting of the Ohio Casino Control Commission (OCCC) once again put responsible gambling front and center as it discussed not just the $150,000 fine levied against Caesars Sportsbook but also hatred on social media directed at college athletic programs and their individual athletes.
- Play Ohio: Regulator Suggests Ohio Could Ban Bettors Who Harass College Athletes
- The Ohio Casino Control Commission is concerned about Ohio bettors harassing collegiate athletes over their performances and could move to ban individuals from Ohio betting markets in the future. OCCC Executive Director Matt Schuler on Jan. 18 responded to an incident that happened a day earlier, when University of Dayton men’s basketball coach Anthony Grant spent time during a postgame press conference defending his players from outsiders who have “their own agenda.”
- Play Pennsylvania: PA Online Casinos Top US Revenue Record For Third Straight Month With $166.9 Million
- According to the figures released by the Pennsylvania Gaming Control Board, PA online casinos reached $166.9 million in gross revenue in December. Another record-breaking performance beat out November’s mark of $155.9 million and sets a new all-time record again for any online casino market in the US.
- Play Texas: Jerry Jones Reaffirms Support For Legal Texas Sports Betting
- Speaking on the K&C Masterpiece show on 105.3 FM The Fan, Dallas Cowboys owner, Jerry Jones, reaffirmed his clear support for legalized sports betting in Texas. “Well, I think it’s really a thing that needs to be addressed at this time. One of the reasons why I think it does is because it’s happening at this time. There’s a huge amount of gaming going on in and around sports at this time.”