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Industry News of the Day for January 28, 2019

Industry News of the Day for January 28, 2019

Washington, DC:

New Jersey:

New York:

  • Legal Sports Report, 1.25.19 – NY Sports Betting Rules Appear Ahead Of Key Gaming Meeting
    • New York is one step closer to having legal sports betting, as Legal Sports Report has obtained a draft copy of proposed rules in advance of next week’s gaming commission meeting.
  • Legal Sports Report, 1.28.19 – No New Law Needed To Start NY Mobile Sports Betting, Senator Says
    • A key New York senator believes mobile NY sports betting needs any more legislative help. New York Sen. Joseph Addabbo, Jr., told Legal Sports Report that he plans to argue that mobile and online sports betting don’t need any further authorization from legislation, let alone a constitutional amendment.
  • iGaming Business, 1.25.19 – New York regulator to begin sports betting talks
    • The New York State Gaming Commission will meet to discuss sports betting regulations for the state’s land-based casinos on Monday (January 28).

Pennsylvania:

  • Play PA, 1.25.19 – Record 2018 Pa Casino Revenues A Precursor For Big Returns In 2019
    • For Pennsylvania’s casinos, slot machines helped fuel record revenue earnings in 2018. According to statistics released this month by the Pennsylvania Gaming Control Board (PGCB), the slot machines and table games in Pennsylvania casinos produced a record gross revenue total of $3,248,681,377. That is the highest total ever in the industry’s 13 years of operation.
  • Play PA, 1.26.19 – Harrah’s Philadelphia Hopes Its Book Is One Worth Checking Out
    • The Book at Harrah’s Philadelphia is hard to miss. The room features a giant video wall consisting of 20 85-inch TVs. On Thursday afternoon, The Book, officially opened for PA sports betting.

Virginia:

  • USA Online Casino News, 1.26.19 – Virginia Governor Proposes Study on Gambling in the State
    • The governor of Virginia has proposed a study that would look at how the state should move forward with gambling plans. While on its face, this looks like a promising deal, in reality, many pro-gambling legislators see it as a stalling tactic in a state that is notoriously behind its neighbor states with regard to gambling.

Arkansas:

Massachusetts:

Louisiana:

Iowa:

Arizona:

South Dakota:

Federal News:

  • The Nevada Independent, 1.27.19 – DOJ opinion on Wire Act will not survive legal challenge
    • On January 14th, the U.S. Department of Justice, in a rebuke of its previous position announced in 2011, released an opinion claiming that all forms of state-authorized Internet and interactive wagering including sports, state lotteries, poker, and casino games are now illegal.

Sports League News:

  • OnlineGambling.com, 1.25.19 – Soccer, MMA, NHL All Star Game, All Have Betting Opportunities
    • With the Super Bowl still a little more than a week away, gamblers have to cool their heels until the mountain of prop bets they made, or are about to make, start to come through. What to do until then? Plenty it turns out. There are several betting opportunities out there.

iDEA Growth Member News:

Overall Industry News:

  • ESPN, 1.28.19 – Americans expected to bet $6B on Super Bowl LIII, survey says
    • Super Bowl LIII between the New England Patriots and Los Angeles Rams will be the first NFL title game since legal sportsbooks began popping up in states outside of Nevada — and Americans will have a lot riding on it.
  • USA Casino News, 1.25. 19 – Online Gambling Is Quietly Growing Into a Big Business
    • The casino business has been in the United States since the 1950s, and has slowly made its way into states other than Nevada. Racetracks have been around for over 100 years. However, many gaming lovers have been a little frustrated with the growth of other forms of gambling in the United States.
  • Techspective, 1.27.19 – The Future of Online Sports Betting Embraces New Technology
    • With the United States and other international jurisdictions removing legal obstacles for​ ​online sports betting​, sportsbooks will continue to seek an edge over new competitors. Similar to the first wave of digital sports betting, companies will leverage innovation over the upcoming decade to prevent the loss of market share.