Industry News of the Day for June 1, 2023

By iDEA | June 1, 2023

Industry News

  • CDC Gaming Reports: IGT Introduces Omnichannel Wide Area Progressive Jackpots In New Jersey
    • International Game Technology Wednesday announced it will introduce the first omnichannel wide area progressive (WAP) jackpot in the United States through its Wheel of Fortune slots link in New Jersey. New Jersey players can spin for large-scale wins on games with combined jackpot liquidity between the land-based, mobile and online versions of IGT’s Wheel of Fortune slots.
  • Sports Handle: Prophet Exchange Wants Its Customers To Engage In Arbitrage
    • Prophet Exchange, a peer-to-peer sports betting exchange that has been live in New Jersey since August 2022, is trying a novel marketing approach to persuade mobile sportsbook users to try out exchange betting. Prophet is encouraging would-be customers to bet on DraftKings, FanDuel, and other sportsbooks that offer daily boosts. Why? Because Prophet Exchange is creating a market on the other side of the boost to guarantee profit for the bettor.
  • iGB North America: IBIA Establishes Canadian Athlete Education Program
    • The International Betting Integrity Association (IBIA) has partnered with three of its members to form a new athlete education program in Canada. The initiative will focus on the potential threat to athletes, sports and the regulated market from betting related match-fixing and fraud.

California

  • PlayCA: Caesars Racebook Launches In California Ahead of 2023 Del Mar Racing Season
    • Caesars Racebook has launched in California, the company announced Friday. As of Friday, the platform is now on desktop and available for download on Android and iOS devices in California. The move gives California horse racing fans an elevated horse racing experience in the palm of their hands.

Colorado

  • Gambling News: Simplebet Powers ClutchBet With Micro-Betting Products in Iowa And Colorado
    • A few days after expanding its roster of partners with Hard Rock Digital, Simplebet unveiled another partnership agreement, this time with ClutchBet, a mobile-first sportsbook. Under the agreement, Simplebet, a global specialist in micro-betting products and technology, will provide the operator with short-form wagering offerings.

Illinois

  • PlayIllinois: Circa’s Jeff Benson Says Something Unique Coming To Illinois Sports Betting Market
    • The director of operations for the newest Illinois sports betting company told PlayIllinois that Circa Sportsbook is bringing something unique to the Prairie State. Circa has received its license to operate online sports betting and retail sports wagering in Illinois. The Nevada-based sportsbook operator got its sports wagering management services provider license from the Illinois Gaming Board.

Michigan

  • SBC Americas: MSU Reportedly Ends Marketing Partnership With Caesars
    • Another partnership between a college and a sportsbook has bitten the dust. The Lansing State Journal is reporting that Michigan State University is terminating its partnership with Caesars a full four years ahead of schedule. “Initially, it was a good thing, but I don’t think it’s in our best interest moving forward,” MSU Athletic Director Alan Haller told the publication.

New York

  • PlayNY: Clock Is Ticking For Updated Gaming Compact Between Seneca Nation, New York
    • Pressure continues to mount on a new gaming compact between the Seneca Nation and the state of New York. Yet how, when and if the deal gets done remains up in the air. The Seneca are demanding a “fair” agreement with the state, with Tina Abrams, the senior member of the Seneca Council, emphasizing that now is the time for “New York to honor its relationship with the Seneca Nation.”

North Carolina

Ohio

  • PlayOhio: April Pushes Ohio Sports Betting Past $3 Billion In 2023 Bets, Top 3 US Rank In Play
    • The Ohio sports betting market in April added another half million dollars to its 2023 tally, taking over $520 million in betting volume for a total of just over $3 billion in the year. Since taking a record $1.1 billion in January bets, the market has benefited from the Super Bowl and March Madness propping up its second and third months, and April’s $520,576,451 handle showed that Ohio is poised to keep a brisk pace during the typically slower summer months.

Texas

  • PlayTexas: Sports Betting Focus Shifts To 2025 In Texas
    • The high hopes leading into the 2023 legislative session for a legal online sports betting market in Texas faded Monday when the session ended in Austin. For many, the end of the session and the reality of the Texas biennial legislative cycle can be a gut punch when a bill dies. Texans must now look ahead to 2025 for the next opportunity to legalize Texas sports betting and, in all likelihood, 2026 for when they could place their first bets.
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