Industry News of the Day for June 23, 2022

By iDEA | June 23, 2022

iDEA Growth Member News

  • Legal Sports Report, 6.23.22 – Bet365 Tees Off International Partnership With PGA Tour
    • Bet365 continues to make moves that keep North American bettors on their toes. On Tuesday, the PGA Tour announced bet365 as its first online betting operator outside North America. The golf betting partnership largely pins itself to the United Kingdom, Ireland and Australia, but the deal touches Canada sports betting.
  • Past the Wire.com, 6.23.22 – Racing & Gaming Conference At Saratoga Confirms Speakers
    • More than 50 experts from across the country are confirmed to speak at the Racing and Gaming Conference at Saratoga (RGCS), which takes place Aug. 15-17 at the Saratoga Hilton in Saratoga Springs, N.Y. [John Pappas, iDEA Growth]
  • PokerPros.com, 6.23.22 – NEW MARKETS, RESPONSIBLE GAMING, “CONTENT IS KING”: A CONVERSATION WITH 888’S NEW HEAD OF POKER, AMIT BERKOVICH
    • Last summer, global igaming giant 888 Holdings appointed Amit Berkovich — a veteran 888 executive with a decade of experience across various roles in the company — as VP, Head of 888poker. Berkovich steps into the shoes of Elad Nir, taking on the role at a critical point in online poker’s development — not just for 888’s own aspirations but for the industry as a whole.
  • Sports Handle, 6.22.22 – Media Notebook: VSiN Prominent In Push For More Sports Betting Talk
    • Sports talk seems to be taking a turn toward more talk about sports betting than just talk about sports.To this end, Vegas Stats & Information Network (VSiN), which was acquired by DraftKings in 2021 and provides real-time sports betting content to listeners, is involved with recent format changes at radio stations in Nashville, Tennessee, and West Palm Beach, Florida.

Industry News

  • Play USA, 6.22.22 – Some Of The Largest 2026 World Cup Host Cities Don’t Yet Have Legal Sports Betting. But Will They?
    • Eleven American cities will host the majority of games to be played as part of World Cup 2026.The stadiums there will be magnets for foreign supporters and the increasingly fervent fanbase that continues to develop in the United States. And the states where those games will be played will soak up billions in tourism dollars gleaned from hotels, food, and ridiculous patriotic hats. [Sportrader]
  • Play CA, 6.22.22 – Technologies Fuel Expansion Of Online Gambling
    • Online gambling in the United States could reach an estimated $267.5 billion this year. While land-based casinos are still popular, online gambling platforms are fast becoming widely-used options. Key technologies are fueling that sector’s growth.

Illinois

  • Play Illinois, 6.23.22 – Illinois Lawmakers Will Push For Online Casinos In 2023
    • Illinois could make a real push iGaming legislation in 2023. Adding legal online casinos would be a major milestone for the state’s gambling industry. Illinois is already home to sports betting, retail casinos, lottery games, video gaming terminals and horse racing. The only missing piece of the puzzle is iGaming.

North Carolina

  • Sports Handle, 6.22.22 – Key North Carolina Mobile Sports Wagering Bill Dies In House
    • After a dramatic, twist-filled Wednesday in the North Carolina House, the narrowest of votes late in the day all but erased hopes for the legalization of mobile sports betting in 2022. Despite the legislature seemingly making progress toward legalization Wednesday morning and afternoon, including passing one sports wagering bill, SB 38, by a 51-50 margin, a second bill, SB 688, failed its second reading on the House floor by the same margin, 51-50 against.

Pennsylvania

  • Play Pennsylvania, 6.22.22 – How Will Ohio’s Sports Betting Launch Impact Pennsylvania?
    • Game on. Pretty soon, another Pennsylvania neighbor will embrace legal sports betting. Ohio’s Casino Control Commission recently began accepting operator applications for the state’s sports betting industry, which is scheduled to go live in January 2023. BetMGM and PointsBet were the first two to apply.

Virginia

  • Sports Handle, 6.22.22 – Budget Amendment Changes Virginia Sports Wagering Tax Rule
    • Virginia Gov. Glenn Youngkin signed the state’s budget Tuesday, and the budget includes a sports betting legislative change. Virginia currently allows mobile sports betting operators to exclude bonuses or promotions from their tax obligation. This helped major sportsbook operators limit taxes paid to Virginia, reducing the potential tax revenue brought to the state by millions. Through March, only five of the 12 operators in the state paid taxes, according to the Richmond Times-Dispatch.
  • ESPN, 6.21.22 – North Carolina sports betting legislation falters in House
    • Legislation that would have authorized sports betting across all of North Carolina fell apart late Wednesday as the House narrowly rejected a key measure amid warnings about the dangers of gambling from an unusual coalition of social conservatives and liberal Democrats.
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