Industry News of the Day for March 13, 2023
iDEA Growth Member News
- Gambling News: Sportradar Secures ATP Data And Streaming Bid After Competitive RFP
- Sportradar Group subsidiary and leading sports technology company offering unique experiences for bettors and sports fans around the globe, Sportradar, secured a major bid for ATP betting, as well as data streaming rights. The company confirmed Monday it secured the multi-year bid for the betting and streaming rights after Tennis Data Innovations (TDI), a joint venture organization of ATP Media and ATP, led an extensive RFP process.
- PlayUSA: The Complex Reality Behind Rising Problem Gambling Calls
- Since the introduction of online casinos and sports betting to Pennsylvania, the number of 1-800-GAMBLER interactions resulting in the caller receiving help for problem gambling has more than doubled. Similar trends appear whenever a state launches new forms of gambling and is often framed as a crisis. However, Josh Ercole, executive director of the Council on Compulsive Gambling of PA (CCGP), told PlayUSA that a rise in calls isn’t entirely bad news.
- American Gaming Association: 68 Million Americans To Wager On March Madness
- A quarter of all American adults (68 million) plan to wager $15.5 billion on this year’s NCAA Men’s Division I Basketball Tournament, according to a new survey from the American Gaming Association (AGA). The growth in March Madness betting is driven by a resurgence of bracket contests as well as Americans taking advantage of the expansion of legal online wagering.
- Sports Handle: Arizona Posts $572 Million Sports Wagering Handle For December
- The Arizona Department of Gaming reported sports wagering handle of $572.5 million for the month of December on Friday, putting the Grand Canyon State over $6 billion for the calendar year and helping set a national handle record for the second consecutive month to close out 2022. While the handle was down 7.3% compared to November’s $616.9 million, it was still the fourth-highest total in 16 months of wagering in Arizona and the fourth straight month operators accepted more than half a billion dollars in wagers.
- PlayIndiana: Super Bowl Boosts Indiana To $356 Million In February Sports Bets
- Indiana sports betting had another solid month during February. Hoosiers bet over $356 million on sports last month. That was a modest decline from January’s $427 million worth of bets. For the sake of comparison, last month’s haul was also a decrease from the same stretch in 2022. Last year’s February handle was $409 million.
- iGB North America: Kentucky Sports Wagering Bill Passes Committee
- House Bill 551 entitled “an ACT relating to wagering and making an appropriation therefor” which aims to legalize sports betting in the state of Kentucky has passed committee and is set to be voted on in the House. The bipartisan bill was introduced to the House on February 22 of 2023 by Representative Michael Meredith (R) with the support of 15 other cosponsors.
- US Bets: Class-Action Suit Filed In Missouri Against Operator Of Gray-Market Slot Machines
- Attorneys in Missouri this week filed a class-action lawsuit accusing a manufacturer of gray-market gambling machines of corruption and racketeering. The suit, filed on behalf of seven state residents who claim to have been harmed “through their use of one or more of the thousands of illegal slot machines,” also goes after the owners of the convenience stores that house the machines.
- New York Post: New York City Considers Zoning Changes To Support Eventual Casinos
- Mayor Eric Adams and the City Council are mulling changes to the zoning law to make opening as many as three casinos in New York City a sure bet, sources told The Post. State gaming officials will weigh casino license applications in the New York City region — including Times Square, Hudson Yards, the Trump Golf Course at Ferry Point in the Bronx, Willets Point in Queens near Citi Field and Coney Island in Brooklyn — after a lengthy review that includes community advisory boards comprised of the mayor, and representatives from the council, the state Assembly and Senate.
- NCSharp: New North Carolina Online Sports Betting Bill Filed In House
- North Carolina lawmakers have officially filed a new bill to legalize online sports betting in the state. Rep. Jason Saine, R-Lincoln, filed the North Carolina sports betting bill in the state’s House of Representatives on Monday. That would bring some much-needed online expansion to the state’s industry. However, the bill still has a long way to go before it becomes law. The process starts today.