Industry News of the Day for July 19, 2019
- The Washington Post, 7.18.19 – C. Council Member’s Cousin Is Listed In $215 Million No-Bid Gambling Contract
- The cousin of a D.C. Council member who cast a deciding vote for a no-bid sports gambling contract is listed as the chief executive of a business that would receive $3 million under the deal, according to a document obtained by The Washington Post.
- Play NJ, 7.17.19 – Summer Starts With Record-Setting Online Casino Growth In New Jersey
- NJ casinos tallied $38 million in online casino and online poker revenue in June. Online sports betting had a down month (not uncommon for June) but still added another $6.9 million, bringing the industry’s total online revenue tally to $45 million.
- AP News, 7.18.19 – Pennsylvania’s Gambling Industry Revenue Reaches Record High
- Revenue from regulated gambling in Pennsylvania climbed to a new record high above $3.3 billion in the just-completed fiscal year.
- The Philadelphia Inquirer, 7.18.19 – Pennsylvania Gambling Revenue Up About $60 Million, Boosted By Sports Betting
- Pennsylvania reported a 1.8 percent annual increase in gambling revenue for the fiscal year ending June 30, boosted by last year’s launch of sports betting and fantasy sports contests.
- AP News, 7.18.19 – Pennsylvania Casinos Rolling Out Online Gambling
- Online casino-style gambling is now available around the clock in Pennsylvania.
- Play Pennsylvania, 7.17.19 – Finally, You Can Use A PA Online Casino And Sportsbook On iPhones, Thanks To SugarHouse
- The Apple solution online casinos have promised for Pennsylvania online casinos is here. It may not be exactly what you expected, though.
- Legal Sports Report, 7.18.19 – Lucky No. 7 For Michigan Sports Betting? New Draft Limits Sportsbook Apps
- So, you think it’s easy to pass a sports betting bill? In Michigan, just introducing one is a yearlong effort.
- The Detroit News, 7.18.19 – Niyo: Clock Is Ticking As Michigan Waits On Legal Sports Betting
- Brandt Iden is a betting man. So keep that in mind when you consider the short odds he’s giving himself when it comes to passing legislation to legalize sports betting in Michigan.
- AP News, 7.18.19 – New Mexico Gambling Income Declines Over 6-Year Period
- Tribal casino revenues and taxes from racetrack gambling in New Mexico suggest the industry is in the doldrums or contracting in areas, according to an analysis. The briefing from the Legislative Finance Committee notes that growth in the online gambling industry — which is not authorized in New Mexico — may be drawing a share of the market away from New Mexico casinos.
- The Laconia Daily Sun, 7.18.19 – Sports Betting Will Mean An Economic Boost For N.H.
- Last week, Governor Sununu signed House Bill 480, legalizing sports betting, into law. The bill not only finally legalizes sports betting in New Hampshire, but also represents a tremendous opportunity for the state.
Sports League News:
- The Lines, 7.18.19 – NASCAR Bettors… Start Your Engines!
- NASCAR is jumping into sports betting and should have its first gambling product ready for the public in September. This new sports betting platform has been in the works since May.
iDEA Growth Member News:
- Online Poker Report, 7.18.19 – Golden Nugget Claims New Jersey Online Gambling Crown Once Again In June
- New Jersey continues to set the standard for regulated US online gambling and sports betting. NJ online casinos combined to earn $38.1 million in June, barely $1 million off the all-time revenue record set in March. NJ online poker sites account for barely 5% of the total, a percentage which is slowly dripping down from around 8% a year ago.