Industry News of the Day for March 22, 2021
Industry News:
- CBS News, 3.21.21 – Place your bets: March Madness and the growth of sports gambling
- March Madness is here, which means passion, school pride, and now, more than ever, a crazy amount of sports betting.
New Jersey:
- PlayNJ, 3.19.21 – 5 REASONS WHY NJ ONLINE CASINO REVENUE IS STILL DRIVING PAST $90-MILLION MARK
- The New Jersey online casino revenue streak remains intact. February marks the fifth-straight month in which the seven license holders crossed the $90-million mark.
New York:
- Sports Handle, 3.19.21 – As New York Deals With Historic Budget Crisis, Mobile Sports Betting Hangs In Balance
- The New York State Legislature completed a key procedural step in bringing mobile sports betting to the Empire State earlier this week when the State Senate and State Assembly each passed one-house budgets in time for a March 15 deadline.
Connecticut:
- US Bets, 3.19.21 – Connecticut Poised To Become Center Of New England Sports Betting And IGaming
- A joint announcement Thursday by Gov. Ned Lamont and leaders of the Mohegan and Mashantucket Pequot tribes revealed a long-awaited agreement that pushes Connecticut ahead of neighbors Massachusetts and New York in the race for modern forms of gambling revenue.
Tennessee:
- PlayTenn, 3.19.21 – TENNESSEE LOTTERY TEMPORARILY SUSPENDS ACTION 24/7’S SPORTSBOOK LICENSE
- On Friday, the Tennessee Lottery announced it was suspending the company’s sports betting license. The decision came after a Tennessee Lottery internal investigator discovered evidence that suggests money laundering and proxy betting were happening on the site.
- iGB North America, 3.22.21 – TN’s Action 24/7 becomes first operator to receive US license suspension
- Tennessee-based sportsbook Action 24/7 has become the first US online betting operator to have its license suspended, after the Tennessee Education Lottery took action following suspicious player activity including proxy betting and credit card fraud.
- TN Bets, 3.19.21 – Churchill Downs Launches Its Sports Gambling App In Tennessee
- Late on Thursday, Churchill Downs launched its TwinSpires-branded online sports betting platform in Tennessee. It was the sixth app to launch in the state since November. William Hill launched in the state earlier this month as the fifth operator.
Kansas:
- Daily Herald, 3.19.21 – Kansas lawmakers at odds over how to legalize sports betting
- With the first round of college basketball’s March Madness underway, Kansas legislators moved closer Friday toward legalizing sports betting, though big disagreements remained over where fans should be able to place wagers.
North Carolina:
- PlayTenn, 3.19.21 – SPORTS BETTING DEBUTS IN NORTH CAROLINA JUST IN TIME FOR MARCH MADNESS
- The Eastern Band of Cherokee Indians (EBCI) opened the state’s first two legal sports betting venues this Thursday. And the debut comes just in time for March Madness.
Nevada:
- iGB North America, 3.22.21 – Nevada introduces bill to regulate esports events
- A legislator in the state of Nevada has introduced a bill to create the Nevada Esports Commission, which will regulate esports events with prizes of more than $1000. The bill – Senate Bill 165 – was introduced by Senator Ben Kieckhefer.
South Dakota:
- iBG North America, 3.22.21 – South Dakota Governor signs sports betting bill into law
- Kristi Noem, Governor of South Dakota, has signed off on a bill that will legalize sports wagering in the city of Deadwood.