Industry News of the Day for July 27, 2022
iDEA Growth Member News
- Play NY, 7.26.22 – Iden: New York’s 51% Online Sports Betting Tax Rate ‘Just Doesn’t Work’
- Industry frustration continues over the 51% tax rate on New York online sports betting. Brandt Iden, head of US government affairs for Sportradar, shared his thoughts during the NCLGS Summer Meeting in Boston on Sunday.
- SBC Americas, 7.25.22 – All-In Diversity Project reports widening gender gap in gaming
- The latest report from the All-In Diversity Project, including its All-Index, indicates some great strides for the gaming industry when it comes to diversity and inclusion. It also highlights some areas where the industry is struggling, most notably when it comes to older women. [Kindred]
- Play USA, 7.26.22 – Alabama Senator Behind 2022 Gambling Expansion Push Plans To Try Again In 2023
- Although there’s no guarantee the passage of time will change minds on introducing a lottery or US casinos into the state, Alabamans could get a chance to vote on those matters in 2024. That’s if a presumptive set of Alabama gambling expansion bills see more success in the next legislative term.
- Legal Sports Report, 7.26.22 – Arizona Sports Betting Turns In Top Revenue Figures During May
- Arizona turned in record sports betting revenue numbers in May, as the jurisdiction continues its late reporting behind other states.
- Play CA, 7.26.22 – CA Sports Betting Proposition Ballot Language Highlights Difference In Revenue Projections
- State officials released the language that would appear on the ballot for California sports betting Props 26 and 27. The initial ballot language stresses the difference in revenue projects between the sports wagering measures on the November ballot.
- Play CA, 7.26.22 – CA Gov. Newsom Staying Silent On Legalized Sports Betting
- Legal sports betting is a high-stakes topic on the California ballot this November, but the governor is electing to remain on the sidelines.Gov. Gavin Newsom is not offering an opinion on either of California’s two sports gambling ballot initiatives. Nor has the first-term Democratic governor said much in respect to legalized sports betting in the Golden State.
- Sports Handle, 7.26.22 – Don’t Expect Live Betting In Kansas At Start Of NFL Season
- While Kansans and potential Kansas operators may be champing at the bit to get sports betting up and running, regulators recommend reining in that enthusiasm. Could live sports betting be available by Sept. 8 when the NFL season kicks off with the Buffalo Bills playing at the Los Angeles Rams? Possibly. Will it be? Probably not.
- Legal Sports Report, 7.26.22 – Massachusetts Casino Execs Push For Sports Betting Bill In Letter
- In advance of Sunday’s legislative deadline, executives from three Massachusetts casinos sent a letter to state legislators urging passage of a stalled sports betting bill.
- MI Bets, 7.26.22 – Michigan Sportsbooks Feeling The Summer Heat
- Summer just isn’t the best time to be in the sportsbook business. With baseball the only major sport on the calendar, combined with vacation, family time, and assorted fun-in-the-sun activities, it’s a five-star mortal lock that sportsbook handle and revenue will take a hit the higher the temperatures climb.
- Play Michigan, 7.26.22 – Exclusive Live Dealer Studios Provide Benefits For Players at Michigan Online Casinos
- It’s been one year since live dealer table games made their debut in Michigan online casinos. As its anniversary has hit, the new trend for operators is having their own “exclusive” live dealer studio. [BetMGM, FanDuel, Evolution Gaming]
- Play NY, 26.22 – They Have The Space, Now Stadiums Await NY Sports Betting Kiosks In 2023
- The New York Yankees and New York Mets both have sportsbook-branded spaces at their respective stadiums. But the DraftKings Sportsbook Lounge at Yankee Stadium is merely just a bar for Legends Suite ticket holders, while the Caesars Sportsbook at Citi Field is merely just a restaurant with a nice view out in left field. [GeoComply]
- Play NY, 7.26.22 – Six Months In, New York Is Rewriting The Rules Of Sports Betting Revenue
- Online sports betting celebrated its first half-birthday in New York last week, and there’s cause for celebration. In some ways, the fact that NY online sports betting even exists in a legal setting still seems like a minor miracle given the years of fruitless work in the General Assembly that preceded its passage. Legalization, ultimately granted by former Gov. Andrew Cuomo, has immediately spawned a competitive industry that now provides safe and sufficient options for local bettors.
- Play NY, 7.26.22 – If NY Online Casinos Are Legalized, Don’t Expect 24/7 Hours Right Away
- Online casino gaming could be coming to New York, but it may not be 24-7 — at least in the beginning. Sen. Joe Addabbo mentioned the possibility of the Empire State limiting daily NY online casino gaming hours during the SBC Summit North America on Wednesday.