Industry News of the Day for March 18, 2019

Industry News:

• Legal Sports Report, 3.15.19 – Sports Betting Legislative Lasso: I Spy With My Little Eye, A Buckeye!
  • The number of states considering legislation did increase this week, though, as a new bill appeared in the Buckeye State.
• Sports Handle, 3.15.19 – Get A Grip: The Week In Sports Betting: Ohio, D.C. Regs, Rhode Island, More
  • Here’s the recap of last week’s top stories, and rounding up key stories in sports betting, gaming, and the world of sports at large.
• AP, 3.17.19 – Some lawmakers worry about allowing sports bets on phones
  • For states looking to profit off the new world of legal sports betting, there’s an app for that. The question for state lawmakers: Should they allow it?
• Legal Sports Report, 3.17,19 – Legal March Madness Betting In The United States Has Arrived
  • Welcome to the first March Madness with legal sports betting outside Nevada in the United States. March Madness betting is nothing new, of course. Last year alone, bettors put up more than $300 million on the NCAA Tournament through Nevada sports betting alone.

New Jersey:

• NJ Gambling Sites, 3.15.19 – NJ Online Gambling Revenue Stays Hot, Crosses $30 Million Mark Again
  • New Jersey online gambling revenue crossed the $30 million mark for the second month in a row. The New Jersey Division of Gaming Enforcement released February’s numbers, and NJ online casino operators reported a combined $31,748,726 in revenue.
• Play USA, 3.15.19 – February Report Reveals 3 Big New Jersey Sports Betting Insights
  • The New Jersey Department of Gaming Enforcement has released the February 2019 revenue report for New Jersey‘s sportsbooks. A deeper dive into the numbers reveals three main takeaways from the sportsbooks’ performance last month.

Connecticut:

• CT Post, 3.15.19 – CT Lottery tickets could soon be available online
  • The future of gambling was on display Friday in two conference rooms at a suburban office park, home to CT Lottery. Two vendors demonstrated free-standing terminals and mobile applications that could allow gamblers to buy lottery tickets and place bets on sports from, well, just about anywhere.
• Norwich Bulletin, 3.17.19 – Connecticut needs to legalize sports betting – now
  • The Supreme Court’s affirmative decision last year to allow the states to decide whether or not they will permit legal sports betting set in motion swift and steady changes throughout our region.
• Hartford Courant, 3.15.19 – Potential vendors outline how sports betting could work through CT Lottery
  • As Connecticut legislators debate whether to legalize sports betting and who should be allowed to take wagers if they do, the CT Lottery has begun to explore the industry’s logistics.

Maryland:

• Legal Sports Report, 3.15.19 – Better Luck Next Year For Maryland Sports Betting After AG Opinion Slows Plans
  • Already a long shot to pass in 2019, Maryland sports betting met its demise for this year at the state legislature. Maryland Senate President Thomas V. Mike Miller Jr. declared dead efforts to maneuver around a constitutional requirement to approve MD sports betting at the ballot box.

Ohio:

• com, 3.15.19 – Sports betting is not in Ohio’s new budget, but governor expects approval: Gov. Mike DeWine’s budget
  • Nearly a year has passed without any action in Ohio to legalize sports gambling since a U.S. Supreme Court ruling opened the possibility of such betting anywhere in the United States. But Gov. Mike DeWine said Friday he believes sports wagering is on its way to the Buckeye State.

New York:

• The Post-Journal, 3.16.19 – Cuomo Calls For Legalized Sports Betting
  • Andrew Cuomo wants 2019 to be the year legalized sports betting comes to New York state, but an audit by state Comptroller Thomas DiNapoli casts doubt on how well the state can treat those with problem gambling addiction.

Overall Industry News:

• Reuters, 3.18.19 – Americans to bet $8.5 billion on NCAA’s ‘March Madness’ basketball tournament: report
  • About 47 million people – one in five American adults – are expected to bet a combined $8.5 billion on “March Madness,” the annual men’s college basketball tournament, a new report said on Monday.
• ESPN, 3.18.19 – 1 in 5 American adults to bet on NCAA tourney
  • Through bookies and brackets, nearly one in five adults in the United States will have a bet on the NCAA tournament, according to an American Gaming Association (AGA) survey released Monday.
• NCPG, 3.15.19 – National Survey on Gambling Attitudes and Gambling Experience
  • NCPG commissioned a study to examine National Gambling Attitudes and Experiences (NGAGE). The study includes national findings (presented below) as well as findings for each U.S. state.
• Reuters, 3.17.19 – Exclusive: Eldorado Resorts, Caesars explore merger
  • S. casino operators Eldorado Resorts Inc and Caesars Entertainment Corp are in the early stages of exploring a merger, people familiar with the matter said on Sunday.