Industry News of the Day for June 14, 2021
iDEA Growth Member News:
- IGB, 6.14.21: Playstar Appoints Bet365’s Alexander As Chief Operating Officer
- Online casino start-up PlayStar has appointed Dan Alexander, previously head of casino at Bet365, as its chief operating officer.
- SBC, 6.14.21: Judge Cheryl Moss: States Must ‘Close The Gap’ Between Problem Gambling Treatment And Funding (Martin Lycka mentioned)
- Speaking to Martin Lycka – SVP of Regulatory Affairs and Responsible Gambling at Entain – as part of the Safe Bet Show, Judge Moss touched upon her career in gambling law and her perspective on issues relating to responsible betting and treatment of problem gambling, among other topics.
- Play Illinois, 6.11.21: DraftKings, FanDuel Venture To Combine Casino Operations In Downstate Illinois
- DraftKings and FanDuel may be competitors in the sports betting space, but they would like to combine forces to enhance their casino operations in downstate Illinois.
Overall Industry News:
- SBC, 6.14.21: Sports Betting Is The Next ‘Logical Step’ To Expand Tribal Gaming Opportunities
- Speaking as part of an IGT-sponsored panel on day one of SBC Digital North America, Richard Schuetz, CEO of Schuetz LLC and panel moderator, asked panellists how they would vote on the November 2022 bill, with all giving an overwhelming response.
Indiana:
- IGB, 6.14.21: Indiana Sports Betting Revenue Declines Despite Higher Handle In May
- Revenue from sports betting in Indiana fell 5.5% month-on-month to $18.9m in May despite the US state experiencing a 7.6% increase in its handle to $254.4m.
New York:
- Play NY, 6.11.21: NY Regulators Publish Expanded FAQ Ahead Of Mobile Sports Providers’ Proposals
- In April, New York Gov. Andrew Cuomo signed a new budget bill into law, an act that moved NY a step closer to introducing mobile sports betting. But much work remained, and a couple of weeks later the New York State Gaming Commission (NYSGC) helped clarify some questions by issuing a 10-page FAQ.
Washington, D.C:
- ESPN, 6.14.21: Betting Bullets: Online sportsbook launches from Nationals Park
- The first online sports betting app tethered to a Major League Baseball venue launched last week at Nationals Park in Washington, D.C., and will be followed later this year by the opening of a retail sportsbook on the premises.
Canada:
- Legal Sports Report, 6.14.21: Canada Sports Betting Bill Sponsor ‘Optimistic’ For Passage This Week
- Sen. David Wells told LSR on Friday that bill C-218 should be up for third reading on Tuesday. The bill, which amends the Criminal Code to allow single-game sports betting in Canada, was scheduled for last Thursday but fell victim to the parliamentary process.
- Sen. David Wells told LSR on Friday that bill C-218 should be up for third reading on Tuesday. The bill, which amends the Criminal Code to allow single-game sports betting in Canada, was scheduled for last Thursday but fell victim to the parliamentary process.
Washington:
- Sports Handle, 6.11.21: Washington State Gambling Commission Rolls Out Proposed Rules, Approves Compacts
- Sports betting stakeholders in Washington State are concerned about everything from accounting methods to how to add events to the state’s bet menu to integrity monitoring. But the proposed rules and comments the Washington State Gambling Commission revealed ahead of its meeting Thursday didn’t point to any crazy concerns.
Massachusetts:
- Biz Journals, 6.13.21: Mass. Lawmakers To Hold Hearing On Sports Betting Legislation (paywall)
- The Joint Committee on Economic Development and Emerging Technologies is calling for testimony in a virtual hearing scheduled for Thursday, June 17, which will cover bills related to sports wagering.
New Jersey:
- Play NJ, 6.14.21: New Jersey Sports Betting Celebrates 3 Years, Rise To National Leader
- Today marks three years since New Jersey sports betting was launched and the start of the Garden State’s rise to the top of the national market.