Industry News of the Day for June 5, 2023
Industry News
- PlayUSA: Could Online Casinos Follow The Path Of Mobile Carriers In The United States?
- In 2023, chances are your mobile service provider is either AT&T, T-Mobile or Verizon. The maturation of the mobile communications industry in the United States provides a coveted opportunity to break out the “back in my day” phrase and cherish the anticipated eye roll of the recipient of that utterance, waxing eloquent about a time when there was a cornucopia of wireless service providers.
- Legal Sports Report: Caesars Ends LSU, Michigan State College Sports Betting Deals
- Caesars is ending its last two known US college sports betting partnerships amid heightened concern about state and federal regulatory action. A spokesperson for PlayFly Sports, the media rightsholder for athletic departments at LSU and Michigan State, confirmed both schools are finalizing the termination of their agreements to market Caesars Sportsbook. Both had multiple years left on their deals.
- SBC Americas: Bill Miller Takes To USA Today To Defend Regulated Market As NBA Finals Continue
- The American Gaming Association President Bill Miller has reasserted the importance of the regulated sports betting industry in protecting players from harm as the NBA Finals series will usher in a spike in betting volume. Writing an op-ed in USA Today over the weekend, Miller explained that the legal sports betting market, and the subsequent responsible advertising, keeps players away from illegal and offshore sites, which he states was a huge problem before 2018.
- Dot Esports: Twitch CEO Confirms Company Stance On Gambling Streams Following Rise Of Kick
- Twitch CEO Daniel Clancy doubled down on the platform’s stance against promotion of unregulated gambling services in a May 31 interview. Clancy said that offshore unregulated services have a lack of transparency that imply companies can tweak odds however they want to benefit themselves. “There’s a reason that you [need] a VPN do to it from most major countries,” Daniel Clancy said in the interview with Twitch streamer Filian.
- Gambling Industry News: US Judge Approves $415 Million Social Casino Class Action Settlement
- A U.S. District judge has approved a $415 million class-action settlement in relation to claims that two online gambling companies, DoubleDown Interactive LLC and International Game Technology PLC, breached Washington state gambling laws and consumer protection regulations. Judge Robert Lasnik ruled that the settlement was “fair, reasonable, and adequate.”
Colorado
- PlayColorado: Dan Hartman Leaves Lasting Legacy In Colorado
- Dan Hartman, now the former director of the Colorado Division on Gaming, has retired after 31 years serving the public in The Centennial State. It’s difficult to overstate Hartman’s impact on the state over the last three decades. He’s been at the forefront of racing, legal marijuana, and also sports betting in Colorado. He leaves a lasting legacy and shoes that will be hard to fill.
- iGB North America: Colorado Players Bet $12.10bn On Sports In First Three Years
- Consumers in Colorado wagered $12.10bn on sports during the first full three years of legal betting in the US state. Colorado launched its regulated market in May 2020, with the total amount spent covering player bets through to the end of April this year. Of this figure, $11.95bn was wagered online and $146.9m at retail sportsbooks.
Kentucky
- WLKY: Kentucky Horse Racing Commission Setting Up System For Operating Sports Betting
- The state is taking important steps to allow Kentuckians to place bets on professional and college sports. Under the bill passed by the general assembly, the Kentucky Horse Racing Commission will set up a system and operate sports wagering. Governor Beshear announced today that the agency has begun hiring employees in wagering compliance to prepare for the launch of sports wagering.
Maine
- Gaming Today: Maine Punts Online Casino Legislation To 2024
- Maine is punting the idea of legal statewide online casinos to 2024. A proposal to give Maine’s Native American tribes – known collectively as the Wabanaki Nations – the exclusive right to offer iGaming and mobile sports betting is one of 17 bills that the Joint Committee on Veterans and Legal Affairs voted to carry over to the 2024 legislative session, which starts in January. The bill (LD1777) has been tabled since the committee took the vote on May 22.
North Carolina
- NC Sharp: North Carolina Sports Betting Bill Permits Horse Race Betting
- North Carolina’s online sports betting bill, House Bill 347, was amended to allow pari-mutuel horse race wagering. The amendment was added in the Senate Commerce and Insurance Committee to include provisions for pari-mutuel wagering and advance deposit (online) wagering on horse racing. Gov. Roy Cooper has no qualms about ushering in the bill. Already in 2022, he reiterated his support of sports betting in North Carolina, saying “It’s time for us to step and do it.”