Industry News of the Day for January 24, 2019

Industry News:

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New York:




  • Sports Handle, 1.24.19 – Arizona Bill Would Legalize Tribal Sports Betting
    • A new Arizona Senate bill that would legalize tribal sports betting was introduced Wednesday, making Arizona the first state to consider legalizing sports betting on Indian reservations only. SB 1158 would amend current Arizona statutes to allow sports wagering on reservations, but nowhere else.



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Overall Industry News:

  • CNBC, 1.22.19 – Vice trade fizzles as casino, tobacco stocks slump
    • Casinos such as Wynn and Las Vegas Sands, and tobacco stocks including Altria and Philip Morris, are tumbling. Craig Johnson of Piper Jaffray and Erin Gibbs of S&P Global discuss whether the vice trade could go from bad to worse.
  • Legal Sports Report, 1.24.19 – SportsGrid, Elvis Duran Bring Sports Betting To Top 40 Radio Audience
    • SportsGrid and the Elvis Duran Group (EDG) have struck a partnership to expand radio coverage of sports betting and fantasy sports.
  • The Sports Daily, 1.22.19 – How Online Gambling Works
    • Online gambling has been around for quite a while and it has seen rapid growth in popularity, but the whole concept still seems new to some individuals.