Industry News of the Day for June 9, 2021

By iDEA | June 9, 2021

Overall Industry News: 

  • Forbes, 6.9.21: Sports Betting Leads SBC Digital North America Conference  
    • As sports betting continues to grow and evolve across the U.S., industry insiders and executives share their vision for the future. I will be attending this week’s online SBC Digital North America conference June 9-10. The event is dedicated for the high-growth North America sports betting and igaming industries, and geared towards the U.S. and Canadian markets. 

Wyoming: 

  • Sports Handle, 6.8.21: Wyoming Sports Betting Start Date Still A Moving Target 
    • Sports betting stakeholders in Wyoming have had their say as the state’s gaming commission develops its regulations, but on Tuesday at a meeting during which the rules were approved to be sent to Gov. Mark Gordon, they didn’t get an answer to another pressing question: When will the application process open? 

West Virginia: 

North Carolina: 

  • Laurinburg Exchange, 6..21: Sponsors Of N.C. Sports Betting Legislation Hope For Discussions This Month 
    • Senate Bill 688, sponsored by Sens. Jim Perry, R-Wayne, and Paul Lowe, D-Forsyth, was referred to the Committee on Rules and Operations of the Senate on April 8 and has sat there since. As previously reported by Carolina Journal, that legislation aims to authorize and regulate sports betting in North Carolina beyond the tribal casinos, with the revenue primarily going to schools and economic development.  

Tennessee: 

  • Play Tenn, 6.8.21: Tennessee Sports Wagering Advisory Council Begins Executive Director Search 
    • Tennessee’s Sports Wagering Advisory Council (SWAC) held its first meeting on Tuesday, June 1 to discuss the continued transfer of regulatory power over the state’s sports betting industry. The SWAC is taking over the role from the Tennessee Education Lottery (TEL). 
  • Legal Sports Report, 6.8.21: New TN Sports Betting Regulators Outline Next Steps 
    • The nine-member Sports Wagering Advisory Council gained some power late last month after Gov. Bill Lee signed a bill transferring authority. The SWAC now has the duty to promulgate rules, which needs to be done before it takes over fully as the new regulator in 2022. 

Louisiana: 

  • Sports Handle, 6.8.21: Louisiana Sports Betting Bill Headed For Conference Committee 
    • The Louisiana Senate Tuesday morning rejected a package of House amendments on sports betting bill SB 247, sending the bill to conference committee. As soon as the bill was introduced, Sen. Rich Ward said “at this time we are going to move to reject the amendments and send this into conference so we can finish out the work and make sure everything is in order.” 

Michigan: 

  • IGB, 6.9.21: Detroit Casino Revenue Edges Up Month-on-month In May 
    • The Michigan Gaming Control Board (MGCB) has reported a slight month-on-month rise in revenue from the three land-based commercial casinos in Detroit, with revenue up across casino gaming and sports betting. 

Illinois: 

Arizona: 

  • Action Network, 6.8.21: Arizona Sports Betting Launch Still on Quick Pace for September 
    • Like all other commercial sports betting states, Arizona regulators must finalize rules then license each individual sportsbook operator. Though Ducey’s signature means sports betting is technically “legal” in the state, sportsbooks can not accept bets until they meet every state regulatory requirement. 
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