Industry News of the Day for March 15, 2019

Industry News of the Day for March 15, 2019

Industry News:

  • Axios, 3.15.19 – Where each state stands on sports betting
    • 8 states — Nevada, New Jersey, Mississippi, Pennsylvania, Rhode Island, West Virginia, Delaware and New Mexico — have already legalized sports betting, and the on-deck circle is packed.

New Jersey:

Pennsylvania:

Ohio:

Florida:

  • Legal Sports Report, 3.14.19 – Senate President Says Florida Sports Betting Could Be Part of Tribal Negotiation
    • There is neither a bill nor any proposal, but there is some ray of hope for Florida sports betting to sneak into the state’s short legislative session. A priority of the legislature is negotiating a new gaming compact with the Seminole tribe. Senate President Bill Galvano tells Legal Sports Report he thinks legal sports betting would be part of any agreement.

Indiana:

Maryland:

  • AP, 3.14.1.9 – Maryland lawmakers: sports betting bill stalled this year
    • A key Maryland lawmaker says measures to allow sports betting in the state are “not going to happen this year.” State Sen. Nancy King, who chairs the Maryland Senate’s budget committee, said Thursday there isn’t a big appetite to go ahead this year.

Tennessee:

North Carolina:

Iowa:

  • Sports Handle, 3.14.19 – Iowa Sports Betting Likely To Come Down To Wire In 2019
    • Many signs have pointed to Iowa as one of the strongest contenders to legalize sports betting in 2019, but a compromise over the provisions of the bill has yet to be hashed out. According to a report from The Daily Iowan, some policymakers are currently at odds over whether or not to make it illegal to take bets on college sports.

New York:

  • Legal Sports Report, 3.14.19 – Long Shot Still Alive As Senate Pitches Governor On Mobile NY Sports Betting
    • The state legislature continues to press Gov. Andrew Cuomo to authorize mobile NY sports betting. Amid budget negotiations, Senate lawmakers are prepared to include enabling language in their proposal to Cuomo. Voters previously approved NY sports betting for four upstate casinos, and regulators are now working to create a framework of rules.

Connecticut:

  • CT Post, 3.14.19 – Rhode Island spurs CT toward mobile sports betting
    • Rhode Island this week expanded legalized sports betting, paving the way for gamblers to make wagers online. The move by Rhode Island caught the attention of Connecticut lawmakers, who are struggling over how to implement gambling in their state.
  • AP, 3.13.19 – Legislative leader says it’s crucial to pass sports betting
    • A top Democratic leader of the Connecticut House of Representatives says it’s crucial the state enact legalized sports betting this during this year’s legislative session.

Missouri:

  • KCTV, 3.14.19 – Missouri considers legalizing sports betting
    • The Big 12 games are of passionate interest to fans of the ten teams involved. But in the near future, more people may have a stake in these tournament games. The state of Missouri is considering legalizing betting on college basketball and other sports.
  • Fox 2 St. Louis, 3.14.19 – Cardinals organization in support for Missouri sports gambling bill
    • The Missouri House Committee heard from representatives of Major League Baseball Wednesday about a bill that would legalize sports betting.

iDEA Growth Member News:

  • NJ Online Gambling, 3.14.19 – DraftKings Turns Stagnant Resorts Into An Online Casino Powerhouse In February
    • New Jersey online casinos didn’t top their blockbuster January numbers last month,but came relatively close. During February, the state’s online gambling sites raked in $31.7 mm in total revenue ($29.9 mm from casino and $1.8 mm from poker), putting it on the board as the industry’s second-best month ever.
  • MA State House News Service, 3.14.19 – DraftKings angling for piece of pro sports betting
    • With legislation to legalize and regulate sports betting on the horizon in Massachusetts, representatives from a Boston-based mobile sports wagering service visited the State House on Thursday to remind a key House lawmaker of what they said are the benefits of mobile betting.

Overall Industry News:

  • Axios, 3.15.19 – 1 big thing: Betting on the future of sports
    • It’s been almost a year since the Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA), which had prevented states from creating their own regulations regarding sports betting.