Industry News of the Day for January 27, 2023
Industry News
- SBC Americas: Gaming Realms: Breaking Through With Slingo In North America
- Gaming Realms is quickly expanding its footprint in the US, where it recently went live in a fourth state by launching its content with DraftKings in Connecticut. With a presence in Canada as well, the London-listed games developer’s portfolio of Slingo games is rapidly establishing a big fanbase in North America.
Illinois
- PlayUSA: Illinois Gambling Bill Wants To Introduce Peer-To-Peer Betting
- A new Illinois gambling bill has been filed by State Representative Bob Rita. The bill would allow for exchange trade gambling, commonly referred to as peer-to-peer betting. For those unfamiliar, peer-to-peer betting is simply a bet between two individuals. The appetite for exchange trade gambling is unclear. But state Rep. Rita might be aiming to capitalize on those interested in trading crypto and other financial instruments.
Indiana
- PlayIndiana: Indiana Online Casinos Could Generate $20 Million Annually To Fight Problem Gambling
- Indiana’s new online casino bill is increasing the money it would divert to fight problem gambling. The latest version of the bill would send 10% of the potential tax revenue to the state’s addiction services fund. If Indiana online casinos become legal, then the industry will be incredibly profitable for both gambling companies and the state of Indiana. The tax revenue could potentially create millions of additional dollars to fight problem gambling every year.
Maryland
- PlayMaryland: Sen. Ron Watson Discusses Potential Impact For Maryland Legal Online Casinos
- Maryland voters will have their say on internet gaming in the not-so-distant future. A new bill, introduced by Senators Ron Watson and Nancy King, wants to legalize online casinos for the benefit of state education programs. Senator Watson sees Maryland online gambling less as a new form of entertainment for Marylanders and more as a new route for revenue in the state.
- Maryland Sharp: Five More Applicants Qualify For Maryland Sports Betting Licenses
- In a public hearing on Thursday, Jan. 26, the Maryland Lottery and Gaming Control Commission approved five gaming operators as being qualified to apply for sports betting licenses. Each of the sportsbooks could be granted a license at the next scheduled meeting of the MLGCC on Feb. 15. Three of the approved operators are sports wagering facility applicants that are seeking retail sports betting licenses. The other two are Maryland mobile sports betting applicants.
Nevada
- CDC Gaming Reports: Betfred Licensed To Take Sports Wagers In Nevada Ahead Of Super Bowl
- The Nevada Gaming Commission Thursday authorized UK sportsbook company Betfred to begin operations in the state, and bettors can expect to see the newest entry to Las Vegas by the Super Bowl. The Commission voted 3-0 to license Betfred, which will operate at the Mohegan Sun Casino at Virgin Hotels Las Vegas
New York
- Sports Handle: New York Poised For $2 Billion Sports Wagering Handle In January
- Already responsible for the top seven national monthly sports wagering handles in the post-PASPA era, New York has put itself in position to claim another milestone: the first $2 billion monthly handle in the United States. The New York State Gaming Commission released mobile betting figures Thursday for the week ending Jan. 22, and the $450.7 million in wagers accepted by the Empire State’s nine mobile operators was the third highest in 55 weeks worth of reports.
Ontario
- PlayCanada: Ontario Online Gaming Handles $11.5 Billion In Q3 For $457 Million In Revenue
- The Ontario online casino and online sports betting industry continued to grow significantly in the third fiscal quarter that ended Dec. 31, 2022. This according to numbers released today by iGaming Ontario. Since launching on April 4 2022, the industry has already surpassed $21.6 billion in total wagers in its first nine months. And total gaming revenue was $886 million.
Pennsylvania
- PlayPennsylvania: How Pennsylvania Set New $5.2 Billion Gambling Revenue Record in 2022
- It was a banner year for the Pennsylvania gambling industry in 2022. Pennsylvania generated $5.2 billion in gambling revenue, a new record since all forms of gambling became legal in the Keystone State. The gaming industry in Pennsylvania has grown over the years, mainly because of the increase in PA online casinos and sports betting since the pandemic.
Texas
- PlayTexas: Smoke Clearing Around Texas Sports Betting Legislation
- The 88th Texas Legislature is underway. At this point, no bills addressing online sports betting have been filed, but, with a March 10th filing deadline, there’s still time. Speaking with PlayTexas, Cara Gustafson, spokesperson for the Sports Betting Alliance (SBA), provided insight on the state of Texas online sports betting in the Texas legislature. While the SBA hasn’t yet announced an author, other components of their forthcoming legislation have come into focus.
Virginia
- Legal Sports Report: Bet365 Launching VA Sports Betting Soon, Board Says
- UK stalwart bet365 is set to enter its fourth US state with its VA sports betting launch coming in the next week or two. That is according to Gina Smith, the Virginia Lottery Board‘s deputy director of gaming compliance, at its quarterly meeting Wednesday. A spokesperson from bet365 Sportsbook said it would launch Virginia sports betting in the coming weeks but did not provide a launch date.