Industry News of the Day for June 3, 2020
iDEA Growth Member News:
- PlayIndiana, 6.2.20 – DraftKings Hopes To Woo Customers With Bundesliga And KBO Livestreams
- DraftKings is expanding to offer livestreams of sports.
Industry News:
- Sports Handle, 6.3.20 – The Future Of Sports Betting: Challenges, Opportunities & Commercial Focus
- The sports betting landscape is highly regulated and equally nuanced, leading to a unique set of challenges and opportunities, particularly in light of the novel coronavirus pandemic that has impacted sports leagues worldwide.
- US Bets, 6.2.20 – Panel Offers Peek Into The Future Of U.S. Sports Betting
- The landscape of U.S. sports betting expansion already was a fast-moving one over the past two years, even before the worldwide COVID-19 pandemic scrambled matters that much further.
- Cleveland.Com, 6.3.20 – While Ohio Waits On Sports Gambling, Pennsylvania, Michigan Head Into Sports And More Online
- While Ohio casinos have been shuttered by coronavirus, business in one segment of the gambling industry has taken off in Pennsylvania during casino closings there, and within months could launch in Michigan as well.
Overall Industry News:
- Online Poker Report, 6.2.20 – Nearly One-Third Of US Casinos Are Back In Business; More Reopening Every Day
- June 1 was a huge day for the beleaguered US gambling industry, as several dozen casinos around the country reopened their doors to guests.
Federal News:
- Online Poker Report, 6.2.20 – Making Their Case: Justice Department Files Wire Act Reply Brief In First Court
- Gambling news hasn’t stopped during the coronavirus outbreak, nor has the Wire Act case proceeding before the First Circuit Court of Appeals.
Pennsylvania:
- PlayPennsylvania, 6.3.20 – Pennsylvania Casino Closures Drop Revenue 84%, Have ‘Massive’ Tax Implications
- Tax revenue fell nearly $106 million in Pennsylvania from January ($124 million) to April ($18.3 million).
Rhode Island:
- Associated Press, 6.2.20 – Judge Sides With State In Legal Challenge To Sports Betting
- A judge has denied a request by a Republican activist to halt sports betting in Rhode Island.
- Legal Sports Report, 6.2.20 – Flimsy Rhode Island Sports Betting Challenge Thrown Out By Superior Court
- Rhode Island Superior Court ruled sports betting in the state is constitutional and denied an injunction to stop it.
Connecticut:
- US Bets, 6.2.20 – Direct From Foxwoods And Mohegan Sun On Day One Of Connecticut’s Casino Reopenings
- Foxwoods and Mohegan Sun, Connecticut’s two tribal casinos that enjoy a statewide monopoly, each reopened on Monday morning as the first such casinos in the Northeast since the worldwide COVID-19 pandemic halted such entertainment in mid-March.
Michigan:
- PlayMichigan, 6.2.20 – Will It Be A Happy 4th Of July For Detroit Casinos?
- Gretchen Whitmer announced another loosening of state restrictions on Monday, but the three commercial casinos in Detroit are still on the waiting list.
Louisiana:
- Gambling Compliance, 6.3.20 – Shocking Ouster Of Louisiana’s Gambling Regulation Czar (subscription paywall)
- He was at the zenith of power and influence with every expectation of serving another five years when it all came crashing down this week for Louisiana Gaming Control Board (LGCB) chairman Ronnie Jones.
- The Center Square, 6.2.20 – Louisiana Senators Remove State’s Top Gaming Regulator
- Louisiana senators have refused to confirm Gov. John Bel Edwards’ re-appointment of the state’s top gambling regulator.
Colorado:
- PlayColorado, 6.2.20 – Gaming Towns Pursue Clearance To Reopen Colorado Casinos
- After months of uncertainty, Colorado casinos are inching closer to reopening their doors to the public.
Oregon:
- Legal Sports Betting, 6.2.20 – Oregon Sports Betting Market Could Soon Include Virtual Sports
- Oregon may become the second state to add online virtual sports to its catalog of sports betting options.
- Willamette Week, 6.2.20 – Hammered By COVID-19, The Oregon Lottery Plans To Offer Gambling On “Virtual Sports”
- The Oregon Lottery announced plans May 29 to soon offer imaginary sports on its mobile sports betting app.
California:
- Legal Sports Report, 6.2.20 – Tribes Fight Back Against ‘Sucker Punch’ From California Sports Betting Bill
- Stakeholders firmed up their stances on new language to legalize California sports betting ahead of Tuesday’s committee hearing.
- Sports Handle, 6.2.20 – California Quagmire: Sports Betting Moves, But With Heavy Opposition
- California lawmakers took a small step toward legalizing sports wagering in what is projected to be the biggest market in the U.S. and one of the biggest in the world, but not before tribal interests used words like “odious,” “betrayal,” and “extinction” in loudly voicing opposition.
- Gambling Compliance, 6.3.20 – California Sports-Betting Bill Advances Despite Tribal Opposition (subscription paywall)
- A Senate committee on Tuesday approved a constitutional amendment allowing racetracks and tribal casinos to offer retail and mobile sports betting throughout California, despite opposition from tribes who say the proposal violates their right to exclusivity.
- Cal Matters, 6.2.20 – Legalized Sports Betting Could Generate Millions For California As State Considers Cuts To Public Service
- By legalizing sports betting, experts estimate that California could generate up to $500 million in revenue each year by taxing and regulating an enterprise in which Californians are now illegally wagering an estimated $10 billion a year.
- Covers, 6.2.20 – Answering The Big Questions About California Sports Betting
- California’s sports betting market could be huge – if those proposing the amendment do it the right way. Covers interviewed State Sen. Bill Dodd and got the important answers to the big questions about California’s proposed sports betting market.