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Industry News of the Day for July 9, 2019

Industry News of the Day for July 9, 2019

Industry News

  • The Washington Post, 7.8.19 – Sports Betting Isn’t A Game. D.C. Shouldn’t Grant A Monopoly. [DraftKings quoted as spokesperson]
    • Months ago, the D.C. Council wisely moved ahead to consider legalizing sports betting. Unfortunately, the D.C. Council authorized a unique, monopoly model, permitting one vendor to pursue the contract without competitive bidding, making it the sole provider of online sports betting.

Pennsylvania:

North Carolina:

West Virginia:

  • Play WV, 7.8.19 – Hitting The Road: WV Bettor Discusses Online Betting In PA
    • The state of West Virginia online sports betting seems stuck in a state of limbo in recent week. However, with the recent Wire Act ruling clearing the way, mobile seems inevitable despite the frustration of bettors with the slow pace.

Washington, D.C.:

iDEA Growth Member News:

Overall Industry News:

  • Play USA, 7.8.19 – Anatomy Of A Merger Part II: Online Implications For Eldorado-Caesars
    • When Eldorado Resorts and Caesars Entertainment join forces in the first half of 2020 (contingent upon the approval of shareholders, state regulatory bodies and the FTC), it will largely be business as usual for the two companies’ land-based casinos. Things are a bit more up in the air when it comes to the online gambling operations of the two companies.