Industry News of the Day for March 18, 2022

iDEA Growth Member News: 

• Sports Handle, 3.17.22: PointsBet Rolls Out New In-Game Betting Products In Time For March Madness 
  • Before joining PointsBet last fall, Kyle Christensen broadened his resume through stints with some of the most prominent companies in Hollywood and Silicon Valley. 

Overall Industry News: 

• New York Times, 3.17.22: Can A.I. Help Casinos Cut Down on Problem Gambling? 
  • A.I. as a solution to problem gambling “raised far more questions than it did answers,” said Mr. Feldman, now a distinguished fellow in responsible gambling at the International Gaming Institute at the University of Nevada, Las Vegas. 

Pennsylvania: 

• Play PA, 3.17.22: Pennsylvania Sportsbooks Slip Into Post-Football Slowdown 
  • Pennsylvania’s online and retail sportsbooks slowed to less than $600 million in wagering in February, an expected post-football hangover leading to the state’s lowest monthly handle since September. 

California:  

• CBS 8, 3.17.22: Californians To Vote On Whether To Legalize Sports Betting This November 
  • With March Madness here, an estimated 45 million Americans will bet more than $3 billion in total on this year’s Big Dance: wagers that are currently not legal here in California. 

Washington, D.C.:  

• Play VA, 3.17.22: Washington DC Sportsbooks Rebound In February With Handle Reaching $19.1 Million 
  • Washington, D.C. sportsbooks rebounded last month as February 2022 sports betting handle in the nation’s capital reached nearly $19.1 million. 

Massachusetts:  

• CBS 4, 3.87.22: March Madness Begins As Massachusetts Sports Gambling Is In Limbo 
  • “It’s happening,” one bargoer said. “Why not just make it legal?” He’s talking about sports betting in Massachusetts. 

Tennessee: 

• WJHL, 3.17.22: ‘Here To Stay’: Sports Betting Numbers Skyrocketing In TN & VA, Across The Country 
  • In just over a year, the legal sports betting industry has blossomed in Tennessee and Virginia, matching a national trend. 

Michigan: 

• IGB, 3.17.22: Michigan Posts Record Internet Gaming Revenue In February 
  • Michigan saw record internet gaming gross receipts in February 2022, but combined online gambling figures – also including sports betting – were down from the previous month. 
• Play MI, 3.17.22: Michigan Online Sports Betting Handle And Promos Grow Year Over Year 
  • The first year of online sports betting was a strong one in the state of Michigan. 

Kansas: 

• IGB, 3.17.22: Kansas To Consider New Sports Betting Bill 
  • The Kansas House of Representatives is to run the rule over a new bill that seeks to legalize online and retail sports betting in the US state, with operators entering into contracts with the state lottery. 

Maine:  

• FOX 23, 3.17.22: Maine Lawmakers Consider Two Bills To Allow Sports Betting 
  • Sports betting in Maine is back on the table 
• News Center Maine, 3.18.22: Sports Betting Proposal Headed For Debate In Full Maine Legislature 
  • A proposal from Gov. Janet Mills to allow sports gambling in Maine, with what may be the most lucrative portion reserved for the state’s four Indian tribes, has passed a committee vote and is headed for the full Legislature. 
• Legal Sports Report, 3.17.22: Bill To Legalize Maine Sports Betting Takes Big Step 
  • A sports betting section remains a crucial point of discussion to a bill in Maine aimed at strengthening relations between the state and its tribes.