Industry News of the Day for July 7, 2023

By iDEA | July 7, 2023

iDEA Growth Member News

  • Vixio Gambling Compliance: Legal Expert Jeff Ifrah Says Florida Case Is A ‘Narrow One’
    • Jeff Ifrah, founder of the internet gambling firm of Ifrah Law in Washington, D.C., as well as U.S. online gambling trade group iDEA, described the appeals court’s decision as “narrow.” “The court merely held that the [Interior] Secretary was within her rights to act or not act on the Florida compact,” Ifrah said.

Industry News

  • TheLines: Genius Sports And NFL Extend Exclusive Strategic Partnership
    • Genius Sports will continue to be the exclusive provider of NFL league data as the pair extended their strategic partnership Thursday. The initial deal was made in 2021 and now will run through the end of the 2027 NFL season. With this extension, Genius will remain the “exclusive distributor of the NFL’s official live game data and Next Gen Stats (“NGS”) feeds to global media and betting markets.”

California

  • Gaming Today: Timing An Issue For California Sports Betting Initiatives In 2024
    • The clock is ticking in California for citizen-led sports betting initiatives to make the statewide general election ballot in 2024. Monday was the California Secretary of State’s suggested deadline to submit to the Attorney General any proposed initiative that hopes to qualify for the Nov. 5, 2024 ballot by the “full check” method (requiring 100 percent verification of petition signatures).

Canada

  • Bonus.com: Kahnawà:ke’s Historic Online Gaming Industry Threatened by Proposed Canadian Gambling Bill
    • A new Canadian gambling bill intended to enshrine First Nations’ right to gaming on their own land could dismantle the Mohawk Nation of Kahnawà:ke’s decades-old online gambling industry. Alberta Senator Scott Tannas is the bill’s sponsor. First Nations are themselves split on the bill. S-268 received glowing endorsements from Alberta and Saskatchewan-based Indigenous leaders at a June 20 press conference.

Indiana

  • PlayIndiana: Survey Finds 89% Of Adults In Indiana Gambled In 2022
    • A survey from the Prevention Insights at the Indiana University School of Public Health – Bloomington found that 89.3% of Hoosiers participated in one or more forms of gambling last year. The results came from 855 surveyed Indiana residents aged 21 and older. The survey was funded by the state’s Family and Social Services Administration, Division of Mental Health and Addiction.

Kentucky

  • PlayKentucky: Kentucky Sports Betting Regulations To Be Reviewed, Finalized July 10
    • The Kentucky Horse Racing Commission will meet Monday, July 10, to review and likely finalize Kentucky sports betting regulations, the commission announced in a release Thursday morning. Once the regulations are approved, operators can begin applying for licenses. The meeting will take place at the Red Mile in Lexington at 12:15 p.m. ET. It’s notable the meeting is happening at this specific racetrack, as Caesars Sportsbook has already secured a partnership with Red Mile for retail and online sports betting.

Massachusetts

  • State House News Service: More Than 1,400 Opting Out Of Legal Gaming
    • The number of people who have voluntarily joined a program to control problem gambling habits has increased to new heights following the COVID-19 pandemic, according to data from the Massachusetts Gaming Commission. The voluntary self-exclusion program (VSE) is a statewide program to allow Bay State residents to opt out of casino gambling, sports wagering or both for a set amount of time.

New York

  • PlayNY: All Signs Point To 2024 Legalization Of Online Casinos In New York
    • Among the many gamblers’ fallacies is the false notion of being due for a win. The flawed logic most often rears its ugly head following a series of losses, when a gambler is at their lowest point and hoping that one win will turn their luck around. The consistently unsuccessful attempts to legalize online casinos in New York are starting to resemble a gambler’s bad luck streak. Each time, the hope for a win grows a little more, which only makes defeat that much more painful.

Ohio

  • Legal Sports Report: UK Giant Bet365 Cracks Ohio Sports Betting Market Top Three
    • The first major US push by Bet365 helped the sportsbook claim the third-most online market share in Ohio sports betting handle in May. The UK-based operator handled $32 million, or 7.5% of all bets, during the month. Over three months beginning in March, bet365 trails only FanDuel Sportsbook and DraftKings Sportsbook in overall OH sports betting handle, although by a wide margin.

Virginia

  • SBC Americas: Virginia Sports Betting Market Grows 15% YoY In May As Revenue Tops $42m
    • Virginia’s sports betting market has topped $400m in handle for the ninth consecutive month in May, with the industry showing strong double-digit growth on an annual basis. Data published by the Virginia Lottery revealed that bettors wagered $403.7m during May, up 14.9% year-over-year, though this did mean a slight decrease from April’s tally.
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