Industry News of the Day for July 12, 2021
iDEA Growth Member News:
- SBC, 7.12.21: DraftKings expands MLB partnership to include live game streaming and sports betting
- DraftKings Inc has announced a strategic sportsbook expansion and extended its existing daily fantasy sports and sports betting partnership with Major League Baseball (MLB) to now include expanded promotional rights and content inclusive of the sports betting category.
- Play IL, 7.9.21: DraftKings Has Migrated To SBTech In Illinois, Giving Sports Bettors Another Lines Option
- DraftKings Sportsbook in Illinois has migrated to in-house technology provider SBTech, which means that Illinois sports bettors now have another set of lines from which to choose.
- Legal Sports Report, 7.12.21: FanDuel IPO On Back Burner As Company Names Interim CEO
- FanDuel has named current president Amy Howe as its interim CEO from next week.
- Online Poker Report, 7.9.21: New Jersey Seeks To Establish America’s Most Ambitious Gambling Treatment Diversion Court Program To Date
- New Jersey has an opportunity this year to set an important example for the rest of the country when it comes to harm reduction for problem gambling. A pair of bills in the Assembly and Senate would establish a pilot program for gambling treatment diversion courts in the state.
- Play NJ, 7.9.21: Poll: New Jersey Sports Betting Changes Not Supported By Voters
- New Jersey sports gamblers wanting to legally bet on Rutgers or Seton Hall may have to continue taking their money across state lines.
- IGB, 7.12.21: NY mobile applicants encouraged to hand state 50% of revenue as RFP opens
- The New York State Gaming Commission has launched its request for applications for mobile sports betting platform providers, with potential bidders incentivized to offer the state a revenue share of 50% or more.
- Legal Sports Report, 7.9.21: Mobile NY Sports Betting Bidding Details Finally Released
- Bidding details for mobile NY sports betting finally dropped mid-afternoon Friday – eight days after they were due.
- IGB, 7.12.21: Indiana sports betting revenue grows 35% month-on-month in June
- Sports betting revenue in Indiana increased by 35.0% month-on month in June, and grew sharply by 771.4% year-on-year.
- Play IA, 7.12.21: Basketball Is Dominating Indiana Sports Betting in 2021
- Basketball betting helped propel Indiana to $246 million worth of sports betting wagers in June.
- SBC, 7.12.21: Iowa sports wagering drops for the third consecutive month
- Iowa’s sports wagering dropped for the third consecutive month in June, even though revenue improved and the pace of betting per day held firm, according to PlayIA analysts.
- Statehouse News, 7.9.21: Sports Betting Awaits Ohio Lawmakers After Summer Break
- With the budget bill signed into law, legislators are looking ahead for the next big issues to be tackled after summer break.
- US Bets, 7.12.21: Rural Washington State Tribe Raring To Go As Sportsbooks Prepare To Open
- And, fingers crossed, the tribe will open one of the state’s first sportsbooks sometime during the upcoming NFL season.
- US Bets, 7.9.21: Alaska To Look At Sports Betting Through $400K Feasibility Study
- The Alaska Department of Revenue has commissioned a study to examine the potential for legal gambling, including sports betting, according to a report Wednesday from the Fairbanks Daily News-Miner (paywall).
- Play MI, 7.9.21: Could Cricket Betting Be To Michigan What Table Tennis Is To Colorado?
- Recently, Michigan cricket betting became part of the legal landscape in the Great Lakes State, creating the potential for a similar niche phenomenon for Michigan sportsbooks.
- Sports Handle, 7.12.21: Wyoming Regulator To Open Sports Betting Application Process Thursday
- With a framework for regulations around statewide mobile sports betting nearly complete, the Wyoming Gaming Commission has announced that it will open the application process for operators Thursday with an eye toward having live wagering early in the NFL season.
- Action Network, 7.9.21: Florida Sports Betting Updates and Next Steps
- Competing groups of would-be Florida sports betting stakeholders are advancing avenues to legal wagering in what would be the nation’s largest retail and possibly online sports betting market.
- Hartford Courant, 7.9.21: Online gambling and sports betting will arrive in Connecticut in September when FanDuel and DraftKings come to the casinos. How will it work? (subscription paywall)
- By September, bettors in Connecticut can go online to gamble on sports teams at the state’s two casinos or through the state lottery.