Industry News of the Day for July 23, 2021

By iDEA | July 23, 2021

iDEA Growth Member News:

Industry News:

  • Quartz, 7.20.21: Betting on the Olympics is open for the first time to millions of Americans
    • Until recently, only Nevada offered legal sports betting in the US. But a 2018 ruling by the US Supreme Court changed the American sports landscape forever by striking down a 1992 federal law effectively banning sports betting in most of the country. The ruling, coming just three months after the Winter Olympics held in Pyeongchang, South Korea, means this year’s Games in Japan will be the first in which Americans no longer have to travel to Las Vegas to wager on the Olympics.
  • Legal Sports Report, 7.21.21: AGA FINDS 20 MILLION AMERICANS PLAN ON OLYMPICS BETTING
    • With the Tokyo Olympic Games starting Friday, the American Gaming Association released data estimating 20.1 million people plan to bet on this year’s Olympics.
  • US Bets, 7.22.21: In The Midst Of A Glorious Rebound, Las Vegas Casinos Are Faced With COVID Concerns Again
    • Springtime was good for the Las Vegas casino industry, as customer visits and gaming revenue across Nevada reached pre-pandemic and even historic levels in May.

Massachusetts:

Arizona

  • Sports Handle, 7.22.21: Arizona Regulator Poised To Approve Final Sports Betting Rules
    • The Arizona Department of Gaming released its final draft event wagering rules late Wednesday with plans to approve them at a meeting set for 10 a.m. local time Friday. The latest proposed rules include an aggressive application timeline, and the ADG is aiming to open the application window Monday. According to the ADG website, the regulator is still aiming to launch sports betting operators on Sept. 9, the first day of the 2021 NFL season.
  • Legal Sports Report, 7.23.21: FINAL DRAFT OF ARIZONA SPORTS BETTING RULES READIES LAUNCHES
    • The Arizona Department of Gaming released its final set of proposed Arizona sports betting rules Wednesday evening.

Illinois:

  • Chicago Sun-Times, 7.21.21: Alderman wants to lift ban on sports betting in Chicago
    • The Cubs’ partnership with DraftKings could put Major League Baseball’s first stadium sportsbook at Wrigley Field. But first, the City Council must lift the ban on sports betting in Chicago. Ald. Walter Burnett, whose ward includes the United Center, wants to do just that.
  • Sports Handle, 7.22.21: Chicago Alderman Introduces Ordinance To Lift Ban On Sports Betting
    • Sports betting has been legal in Illinois for more than two years since Gov. JB Pritzker signed a massive gaming expansion bill in June 2019. People around the state have been wagering both in person and online, quickly raising the national sports betting profile of Illinois as it has generated more than $4.6 billion in handle since March 2020 and ranked No. 2 nationally among states in both April and May.
  • Play Illinois, 7.22.21: NEW ORDINANCE WOULD LIFT CHICAGO SPORTS BETTING BAN, A KEY STEP TOWARD IN-STADIUM SPORTSBOOKS
    • Alderman Walter Burnett (27th) is introducing an ordinance that would lift the sports betting ban in Chicago. That would pave the way for retail sportsbooks at Wrigley Field, the United Center, etc.

New York:

Virginia

Posted in Daily Clips