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Industry News of the Day for June 21, 2019

Industry News of the Day for June 21, 2019

Industry News:

New Jersey:

  • Play NJ, 6.20.19 – A Bitcoin Option At NJ Online Casinos? That’s A Big Nope, Says DGE Director (Includes tweet from Jeff Ifrah)
    • Online casino customers hoping cryptocurrency would be an acceptable form of payments this year, keep waiting. At least as it relates to NJ online gambling and sports betting. Speaking at this week’s All-American Sports Betting Summit at Monmouth Park, David Rebuck, executive director for the New Jersey Division of Gaming Enforcement, made the point crystal clear.
  • Play NJ, 6.20.19 – Atlantic City Casinos Keep Getting A Little Friendly Help From Online Gambling
    • A new report from the American Gaming Association (AGA) details the decline and ascent of New Jersey gambling revenue. From 2006-14, Atlantic City casino revenue was in a state of decay. More or less, land-based revenue at New Jersey casinos has hovered around $2.5 billion annually since 2014. Since its nadir in 2015, the amount has slowly drifted back above that mark.

Pennsylvania:

  • Play Pennsylvania, 6.20.19 – May Flowered With Revenue Growth At 10 Of 12 Pa Casinos
    • May was another good month for the Pennsylvania casino industry. Ten of Pennsylvania’s 12 casinos posted year-over-year gains. Collectively, gaming revenue rose 2.59% for the month. That’s good news considering the state is still waiting for a number of gaming expansions passed in 2017 to go live. That includes the much-anticipated launch of PA online casinos.
  • Play Pennsylvania, 6.20.19 – PGCB’s Kevin O’Toole Talks Online Launches, Apple Woes, And The Future Of PA Gaming
    • The Pennsylvania Gaming Control Board (PGCB) is extremely busy these days. The May 31 launch of the PlaySugarHouse sports betting app is just the start of bigger things to come. How well did the long-awaited launch of PA online sports betting app go?

Maine:

  • Legal Sports Report, 6.21.19 – A Look Inside How Sports Betting Became The Maine Squeeze
    • Of all the states to legalize this year, Maine sports betting might get the award for coming out of nowhere. Sure, there was a lot of interest in the state, evidenced by the introduction of seven bills to authorize sports betting.

Michigan:

Washington, DC:

New York:

  • Legal Sports Report, 6.20.19 – NY Mobile Sports Betting Up In Flames For 2019, And Possibly Longer
    • Many New Yorkers looking to make a legal mobile sports bet on football this fall will again have to cross the Hudson River into New Jersey to lay down their wager, after a bill to provide it stalled at the end of the year’s legislative session in Albany on Wednesday.

Mississippi:

  • Sports Handle, 6.20.19 – It’s Dog Days Of Summer For Mississippi Sportsbooks
    • With little available to bet on and the sports betting cycle entering its down period, Mississippi sportsbooks had a down — but not unexpected — month in May. According to the latest report from the state’s gaming commission, handle across the state was $17.4 mm in May, down from $19.19 mm in April.

Federal News:

Sports League News:

  • Sports Techic, 6.20.19 – MLS Commissioner Eyes Las Vegas And Sports Betting For Expansion
    • MLS commissioner Don Garber is planning to embrace sports betting and said that even though gambling is spreading nationally, his league is considering Las Vegas as a potential new market. The league is currently comprised of 24 teams, but franchises in Miami, Nashville, and Austin and set to launch over the next two seasons.

Overall Industry News:

  • Front Office Sports, 6.20.19 – Bleacher Report Integrates Sports Betting Into NBA Draft Coverage
    • Bleacher Report is bringing a unique twist for covering the NBA Draft this year, aiming to challenge the traditions associated with draft talk shows. It will host its first-ever multi-location live event around the draft, a 90-minute show that will distributed across its social and digital platforms.