Industry News of the Day for July 21, 2021
iDEA Growth Member News:
- SBC, 7.21.21: Draftkings Reveals Plans To Launch Draftkings Marketplace As NFT Ecosystem And Exchange
- DraftKings Inc has revealed plans to launch DraftKings Marketplace, a digital collectibles ecosystem designed for mainstream accessibility that offers curated NFT (non-fungible token) drops and supports secondary-market transactions.
- SBC, 7.20.21: Pointsbet Secures Arizona Market Access Deal With Yavapai-apache Nation
- PointsBet Arizona LLC has revealed it will partner in the recently legalized Arizona sports wagering market via an agreement with Cliff Castle Casino Hotel, a subordinate economic organization of the federally recognized Yavapai-Apache Nation.
- TN Bets, 7.21.21: DraftKings Lands Partnership With Prestigious Memphis PGA Tour Event
- Just two weeks before one of the most prestigious PGA Tour events of the season, DraftKings has announced it has become the first “betting operator” of the event.
- Sports Handle, 7.21.21: PointsBet Names Scott Vanderwel As CEO Of Canadian Division
- PointsBet appointed Scott Vanderwel as chief executive officer for PointsBet Canada on Wednesday, sending further indications that the company intends to establish a considerable presence north of the border once single-event sports betting becomes operational.
Pennsylvania:
- PA Bets, 7.20.21: PA Gaming Industry On Track To Earn A Billion More In 2021 Than In Any Previous Year
- The Pennsylvania Gaming Control Board issued a summary of gaming revenue for the 2020-21 Fiscal Year Monday that led to headlines about about how the nearly $3.9 billion generated the past 12 months had “smashed” prior records related to casino gambling.
New York:
- Wall Street Journal, 7.21.21: New York Inches Forward on Mobile Sports Betting
- New York is opening its lucrative market to mobile sports betting, but gambling companies vying to operate in the state may have to pay a steep premium for the privilege.
Delaware:
- IGB, 7.21.21: Delaware Sports Betting Revenue Slips To Year Low In June
- The Delaware Lottery has revealed that sports betting revenue fell to a calendar-year low during the month of June, while igaming revenue and spend also declined year-on-year.
California:
- Play CA, 7.20.21: Early Recall Election Is What Kept Sports Betting Off The 2021 Ballot
- An early gubernatorial recall election date will keep California Native American tribes from challenging to get their sports betting initiative on the ballot.
Maine:
- Legal Sports Report, 7.20.21: Maine Sports Betting Dead For Another Year As Tethering Dispute Persists
- Maine sports betting will have to wait at least one more year.
South Dakota:
- Legal Sports Report, 7.21.21: South Dakota Sports Betting Rules Approval Line Up September Launch
- South Dakota sports betting should be on track to launch in time for football season after the South Dakota Commission on Gaming approved a detailed set of rules last week.
Massachusetts:
- Legal Sports Report, 7.21.21: Revamped MA Sports Betting Bills Differ On Key Details
- It does not look like the joint committee hearing on MA sports betting led to a consensus proposal after all.
Michigan:
- Legal Sports Report, 7.20.21: Michigan Sports Betting Takes Small Step Forward In June
- Following a two-month slide, Michigan sports betting took a step forward with its June handle thanks to a jump in retail bets.
Colorado:
- Play CO, 7.20.21: Down Under Goes A Mile High As BlueBet Looks To Colorado
- The Colorado sports betting market is one of the most desired in the U.S.
Washington:
- The Washington Independent, 7.20.21: The Bill That Will Change It All For Mobile Sports Betting
- Last year, lawmakers in Washington State were the first to pass comprehensive DC sports betting package, which initially allowed tribes to provide sports betting. While the plan was smoothly and quickly shepherded to Gov. Jay Inslee’s desk by the state legislature, it was not without opposition.
- Last year, lawmakers in Washington State were the first to pass comprehensive DC sports betting package, which initially allowed tribes to provide sports betting. While the plan was smoothly and quickly shepherded to Gov. Jay Inslee’s desk by the state legislature, it was not without opposition.