Industry News of the Day for June 23, 2023

By iDEA | June 23, 2023

Industry News

  • Front Office Sports: NFL Agent: League Policy On Gambling Sponsorship Is ‘Hypocritical’
    • While the NFL is banking upwards of $1 billion in its sponsorships with sportsbooks, players remain barred from using their name or likeness to promote sports betting. The double standard, which also applied to alcohol sponsorships, is “another thing that’s fairly hypocritical” in the NFL, says TeamIFA president Blake Baratz.
  • IGB: The Future Of Jackpots: In-Game And Cross-Game Gamification
    • In a rapidly evolving casino content landscape, where almost 7,000 games were launched last year, the need for innovation and differentiation has become paramount, says Stian Enger Pettersen, head of casino at EveryMatrix. Personalisation and gamification continue to shape consumer preferences. As a result the team at EveryMatrix anticipate a future that embraces more in-game and cross-game gamification solutions, with particular emphasis and innovation within jackpots.

Georgia

  • Legal Sports Report: PrizePicks Sued In Georgia For Allegedly ‘Copying’ Player Prop Technology
    • PrizePicks is being sued for allegedly stealing the technology it uses to offer player prop-style, over-under fantasy sports games. Vetnos LLC, a business-to-business fantasy sports provider, filed a patent infringement and trade secret misappropriation complaint Tuesday with the Northern District of Georgia after years of allegedly trying to do business together. It claims its patented fixed-odds fantasy technology is the same software that runs PrizePicks’ players vs house games.

Kentucky

  • PlayKentucky: Sandy’s Racing and Gaming Sportsbook, HHR Machines To Open In October
    • Revolutionary Racing’s new Sandy’s Racing & Gaming facility in Kentucky is on pace to open sooner than previously anticipated. Revolutionary Racing Vice President of Government Relations Conor Lucas spoke with PlayKentucky Wednesday to give an update on how construction was going. In turn, he shared that the historical horse racing and sportsbook are on track to open this fall.

Maryland

  • Sports Handle: Pace Of Mobile Sportsbooks Launching In Maryland Slows
    • Fanatics Sportsbook went live with its beta product in Maryland at the beginning of June, becoming the 10th mobile sports betting operator to launch in the state.  Despite Fanatics’ entrance into Maryland, the pace of mobile sportsbooks going live in the state has slowed in recent months. Seven mobile operators went live in Maryland in November of 2022, with just three more joining in the seven months since.

Michigan

  • New York: Addabbo ‘Has His Sights’ On Legalizing NY Online Casinos As Well As Online Lottery
    • Not simply content with being home to the country’s largest sports betting market, New York Sen. Joe Addabbo wants to add online casinos and internet lottery to the mix as well. In a statement touting the $1 billion in education funding raised from NY online sports betting taxes, Addabbo said the state could generate additional revenue by legalizing NY online casinos as well as online lottery.

North Carolina

  • PlayUSA: North Carolina Lawmakers Discussing Inclusion Of Casinos, VLTs In Budget Bill
    • North Carolina commercial casinos and video lottery terminals could still join sports betting as gaming legislation passed in the Tar Heel state this year. PlayUSA has learned there are discussions to include both additional gaming expansions in the budget appropriations bill. “I do believe that VLTs and casinos could be included in the budget,” Rep. Jason Saine told PlayUSA. “Supporters and lobbyists on those issues are continuing to meet with members.”

Ohio

  • Gaming Today: Ohio Lawmakers Mull Massive Sports Betting Tax Hike
    • Ohio sports betting operators may be paying twice as much tax on revenues under a state budget plan being hammered out in Columbus this week. A tax hike of 100 percent on Ohio sports betting receipts– from the current rate of 10 percent to 20 percent – was added to the proposed 2024-25 state budget (HB 33) by the Ohio Senate on a 24-7 vote last week. The increase was not included in the House-approved budget, which first passed that chamber 78-19 back in April.

Ontario

  • SBC Americas: Ontario Senator Proposes New National Framework On Sports Betting Advertising In Canada
    • Canada could be making critical changes to its sports betting advertising rules if Senator Marty Deacon’s latest bill on the issue is able to make any significant strides. Deacon, Independent Senator for Ontario, introduced Bill S-269 – an act ‘respecting a national framework on advertising for sports betting’ – at Parliament Hill on Tuesday.
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