Industry News of the Day for January 8, 2021
iDEA Growth Member News
- SBC Americas, 1.8.21 – Sightline Payments And Shift4 Payments Combine To Offer A Seamless Service
- Sightline Payments, a provider of cashless solutions for sports betting lottery operators, and casino resorts, has confirmed a strategic partnership with Shift4 Payments, a specialist provider of integrated payment processing technology.
- iGB North America, 1.8.21 – DraftKings Signs Partnership With Drone Racing League
- DraftKings has been named the official sports betting partner of the Drone Racing League (DRL).
New York:
- Forbes, 1.8.20 – New York Is Ready For Online Sports Betting, But First The State Gaming Commission Needs An Overhaul
- Earlier this week, New York Governor Andrew Cuomo expressed that he is finally ready to move toward legalizing and regulating online sports betting.
- The Action Network, 1.6.21 – New York Sports Betting Single Provider Proposal Already Facing Headwinds
- After years of side-stepping legal online sports betting, New York Gov. Andrew Cuomo embraced a sole-source model for possible online wagering Wednesday, a move that could require a state constitutional amendment, anger the state’s gaming industry and jeopardize the legislative process for what would be the nation’s largest legal wagering market.
Connecticut:
- Hartford Courant, 1.8.21 – Mike Anthony: Sports Betting In Connecticut Should Be Legalized ASAP
- Ned Lamont used a small portion of his State of the State address Wednesday to voice support for the legalization of sports gambling in Connecticut.
Delaware:
- Gambling.Com, 1.7.21 – Delaware November Sports Betting Rises, But Falls In December
- Delaware’s sports wagering activity for the last two months of 2020 experienced an up-and-down ride, according to the state’s report posted Thursday on the Delaware Lottery website.
Virginia:
- PlayVirginia, 1.7.21 – States Of Sports Betting, Part 2: Can VA Avoid The Mistakes Of Other States?
- Today is the second installment of the three-part “States of Sports Betting” series. This follow-up looks at some of the mistakes that Illinois, Michigan, West Virginia, Nevada, and other states have made in their sports-betting efforts.
Tennessee:
- Legal Sports Report, 1.7.21 – How Many Tennessee Sports Betting Operators Will Go Live By Super Bowl?
- A fifth operator received approval to launch sports betting in Tennessee with potentially more on the way by the Super Bowl.
- Sports Handle, 1.7.21 – Tennessee Regulators Approve Mixture Of Sports Gambling And High-Risk Loans
- Tennessee sports betting regulators on Wednesday approved a lender of high-risk “flex loans” — with up to 279.5% annual interest rates — to simultaneously serve as a store where you can deposit gambling funds into the company’s affiliated sportsbook, Action 24/7.
Alabama:
- TN Bets, 1.7.21 – Alabama Looks At Tennessee When Studying Its Sports Betting Potential
- Alabama isn’t a very gambling friendly state, but that could be changing.
Iowa:
- iGB North America, 1.8.21 – Iowa Breaks Handle Record For Fourth Straight Month In December
- Sports betting revenue declined month-on-month in December 2020 but was up 159.9% year-on-year, as stakes hit a record high for the fourth consecutive month thanks to new highs in both online and retail spending.