Industry News of the Day for July 31, 2020
iDEA Growth in the News:
- Sports Handle, 7.30.20 – IGB Tweaks Rebranding Rule, Hawthorne Gets Illinois Sports Betting License (iDEA Growth mentioned)
- The Illinois Gaming Board opted to move forward with its proposed rebranding rule for mobile and internet sports betting with a modification Thursday, and granted its eighth Master Sports Wagering license — this one going to Hawthorne Race Course, which will have PointsBet as its sportsbook operator.
- Yahoo! Finance, 7.30.20 – FanDuel Group CEO On Sports Betting Amid Coronavirus: ‘Demand Is Off The Charts’
- FanDuel Group CEO Matt King joins Yahoo Finance’s Zack Guzman to discuss the latest outlook for online gambling as live sports resume.
Sports League News:
- iGB North America, 7.31.20 – Yahoo Sports Scores Wide-Ranging Deal With NBA
- Yahoo Sports has agreed a deal to become an official marketing partner of the National Basketball Association (NBA), and will work with the league on a range of fantasy and sports betting initiatives.
- NJ Online Gambling, 7.30.20 – New York Casinos Remain Dormant While Neighbors Rebound From Pandemic
- The end of July marks a fourth consecutive month of zero revenues for four commercial casinos in upstate New York, thanks to a triple whammy of political decisions.
- Legal Sports Report, 7.30.20 – Wicked Sad: Massachusetts Sports Betting Bill Scrapped In Senate
- It’ll be at least a few more months before sports betting in Massachusetts can be legalized after the Senate scrapped it from a jobs package.
- iGB North America, 7.31.20 – MA Betting Saga Takes Late Twist As House Rejects Senate Bill
- The Massachusetts House of Representatives has rejected an amended version of its economic development omnibus bill returned by the Senate, in a decision that could reopen the door for legal sports betting in the state.
- Insider NJ, 7.31.20 – Caputo & Houghtaling Legislation to Allow Betting on E-Sports Competitions Passes Full Assembly; Heads To Senate
- Looking to allow New Jersey residents to bet on a wide variety of sporting events, Assemblymen Ralph Caputo and Eric Houghtaling sponsor legislation to permanently include additional skill-based competitions such as electronic sports (eSports) in the state’s legal sports wagering industry.
- Online Poker Report, 7.30.20 – Maryland Policymakers Talk Gambling Expansion During Committee Hearing On COVID-19
- With their state facing a billion-dollar budget crisis, Maryland lawmakers heard testimony this week on the merits of expanded gambling.
- PlayMichigan, 7.30.20 – How Michigan Tribes Learned To Stop Worrying And Love Online Gambling
- By the end of this year, a Native American tribe based in Michigan likely will accept the first mobile sports wager ever taken by a tribal government.
- PlayMichigan, 7.30.20 – BetAmerica Coming To Michigan Gaming Market Via Island Casino Partnership
- The music is about to stop in the game of musical chairs that is the Michigan online gambling market.
- Gambling Compliance, 7.31.20 – Illinois Gaming Board Moves To Make Sports Betting Co-Branding Rule Permanent (subscription paywall)
- Despite the objections of the state’s most influential gaming company, Illinois regulators doubled down Thursday on a rule that would permit co-branding for sports wagering platforms.
- Sports Handle, 7.31.20 – What Happened? Why Some Sports Were Pulled From Betting In Illinois
- For those of you still trying to figure out why you couldn’t bet on motor sports, the PGA, Korean Baseball and lower-level soccer in Illinois last week, here’s the lowdown. NASCAR and other motor sports are back on the board, but everything else will have to wait until late August.
- iGB North America, 7.31.20 – Chicago’s Hawthorne Racetrack Takes Step Towards Racino Launch
- Chicago’s Hawthorne Race Course has taken a step towards securing approval to develop a casino on its site, while also securing a master sports wagering license.
- PlayUSA, 7.30.20 – Analysts: Nevada Can Learn From Other States, But Remains Sports Betting Capital
- Nevada became the blueprint and the benchmark for every state considering legalizing sports betting when the Supreme Court made it a possibility with the repeal of the Professional and Amateur Sports Protection Act in May of 2018.