Industry News of the Day for June 21, 2022

By iDEA | June 21, 2022

iDEA Growth Member News

  • Play USA, 6.21.22 – BetMGM, IGT Working On Wheel Of Fortune-Themed Online Casino
    • Wheel of Fortune is one of the longest continuously running television shows ever, dubbed “America’s Game.” Its crossover appeal to iGaming was obvious, and New Jersey online casinos have taken advantage of that already. However, the scale of that is about to grow immensely with a Wheel of Fortune Casino project. BetMGM and IGT are collaborating to not just offer more slots containing elements of the iconic game show. Every element of the forthcoming New Jersey online casino will remind players of the popular puzzle game.
  • SBC Americas, 6.21.22 – PointsBet: SIG’s Nellie Analytics to accelerate its North American growth
    • PointsBet Group CEO Sam Swanell says the operator has received a vital boost in the North American sports betting market thanks to SIG Sports Investment and its Nellie Analytics operation.
  • MI Bets, 6.21.22 – DraftKings To Open Temporary Sportsbook At Bay Mills
    • After two years and counting, DraftKings will finally be opening up a retail sportsbook at the Bay Mills Resort and Casino in Brimley, according to a press release from the casino.
  • Legal Sports Report, 6.20.22 – PointsBet Pledges Bigger Limits, Better Live Betting With SIG Deal
    • PointsBet will partner with SIG subsidiary Nellie Analytics to develop its in-play product. Per a release, the two will “scope and develop the terms for Nellie to provide sports analytics and quantitative modelling services” to PointsBet’s trading arm, Banach Technology.
  • Play USA, 6.20.22 – PointsBet Gets New Financial Backer, Eyes Growth With Ohio Launch
    • PointsBet has its eyes on Ohio and a new finance team with deep pockets. Susquehanna, the international investment company, purchased 12.76% of PointsBet, making it the largest shareholder of the gambling operator.
  • SBC Americas, 6.16.22 – Kambi’s State of the Nation: Can tennis reach its sports betting potential in the US?
    • Simon Noy, SVP Trading at Kambi, takes a look at whether more innovation within the tennis product could be key to the sport achieving its full betting potential across the US.

Industry News

Iowa

  • Play USA, 6.20.22 – Newly Signed Iowa Gaming Bill Adds New Ways To Bet, Blocks Casino Development
    • Iowa Gov. Kim Reynolds signed a gambling bill that adds new sports bets for customers. However, HF 2497 includes a two-year moratorium on new casino licenses. Unfortunately, language in the bill permitting eSports betting did not make it into the final draft. This means sportsbooks can’t offer bets on games like Counter-Strike: Global Offensive or League of Legends.

Massachusetts

  • Legal Sports Report, 6.21.22 – MA Sports Betting Conference Committee Still Working On Differences
    • Negotiations are ongoing to find a middle ground on the two MA sports betting bills before the end of session July 31. That is according to Rep. Jerry Parisella, the co-chairman of the Joint Committee on Economic Development and Emerging Technologies, and one of three House members involved in the conference committee focused on legalizing Massachusetts sportsbooks.

North Carolina

  • WCNC, 6.21.22 – New bill would not legalize sports betting in North Carolina until Jan. 1
    • North Carolina leaders will discuss bills that could legalize online sports betting in the state as early as 2023. The House Judiciary 1 Committee will hear two sports gambling bills Tuesday that work in tandem to legalize sports betting online and on mobile devices across North Carolina. Senate Bill 688 passed a divided Senate last year. Meanwhile, Senate Bill 38, an unrelated bill that also passed last year, will be removed and changed to a sports gambling bill Tuesday, according to WRAL-TV in Raleigh.
  • Legal Sports Report, 6.20.22 – Will North Carolina Sports Betting Bill Move Today With Clock Ticking?
    • After sitting on ice since last fall, a North Carolina mobile sports betting bill could start moving again this week with some new provisions. The NC sports betting bill, SB 688, passed the Senate last year and started this session in the House Judiciary Committee. Despite supporters suggesting the legislation might move within the first three weeks of the session, it has sat motionless since May 18.
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