Industry News of the Day for March 23, 2023

By iDEA | March 23, 2023

Industry News

  • SBC Americas: NCPG Agility Grants In Action: Talking Towson Research With Keith Whyte
    • It was a major headline for the world of responsible gambling in 2021 when the NFL announced it was launching a responsible gambling awareness program that included a $6.2 million donation to the National Council on Problem Gambling (NCPG). What also turned heads was NCPG’s decision to take roughly a third of that money and dole it out to someone else.
  • Gambling News: Intralot’s New CCO Will Spearhead North American Expansion
    • The new appointment is the latest step amidst Intralot’s restructuring efforts. The gaming and lottery technology provider severely underperformed last year, but several promising high-profile agreements may herald substantial improvements. Bateson’s extensive industry experience and history of success may be just what the company needs to get back on its feet.

Georgia

  • PlayGeorgia: FanDuel Sets Atlanta Roots; Optimistic About Georgia Sports Betting
    • Daily fantasy sports (DFS) and sports betting platforms have sprung up throughout the country, and DFS behemoth FanDuel has chosen Atlanta to establish firm roots. Cutting the ribbon on a 68,000-square-foot office in Atlanta’s Ponce City Market last December, FanDuel views the space as a nerve center for developing its software and products. It’s another tech company that sees the fertile Georgia business landscape and has decided to nestle in.

Massachusetts

  • PlayMA: As March Madness Rages On, Expert Weighs In On MA College Sports Betting Limits
    • The tremendous interest in college basketball proves how popular the sport is with sports bettors, in Massachusetts and beyond. Unique to Massachusetts and a handful of other states, however, is a restriction that bars residents from betting on in-state colleges unless they’re competing in a tournament, such as March Madness. Is that restriction necessary? What is its goal? Does it help that goal get reached? Those are questions pondered by C.J. Fisher, the co-chair of the gaming department for Fox Rothschild, which specializes in compliance and regulatory matters in the gaming industry.
  • The Boston Globe: Double Your Money If The Celtics Score? Eye-Popping Sports Betting Offers Are Hard To Ignore
    • Six apps are competing for your attention — and they’re often paying cash. But experts warn that long-term, there’s no such thing as a free lunch. Somerville resident Jay Friedland isn’t much of a gambler. He lives by the maxim that you shouldn’t “bet money you don’t have.” But when legal sports betting went mobile this month and the 31-year-old accountant saw what the online apps were offering new customers, a typically wary Friedland found himself slightly intrigued.

Missouri

  • PlayUSA: House Sends Missouri Sports Betting Back To Senate Purgatory
    • The Missouri House passed Missouri sports betting legislation again Wednesday. But that doesn’t really put it any closer to final passage. The problem remains with one lawmaker in the Senate. Identical Missouri sports betting bills HB 556 and HB 581 backed by Reps. Dan Houx and Phil Christofanelli passed 118-35. That’s three more votes than last year.

North Carolina

  • NCSharp: North Carolina Sports Betting Bill Clears Third Committee In Two Days
    • North Carolina’s sports betting bill is making incredibly fast progress. The proposed legislation just made its way through its third committee hearing in two days. Judiciary 1 is the latest committee to consider House Bill 347, which would legalize online sports betting in North Carolina. The group voted 7-3 on Wednesday afternoon to approve the bill during its meeting.

Ohio

  • PlayOhio: Has Ohio Set The New Standard For How To Tax Legal Sports Betting?
    • If states genuinely are the laboratories of democracy, Ohio lawmakers can either be seen as mad scientists or brilliant innovators based on their approach to taxing legal sports betting. Unlike most other states with regulated sports betting, sportsbook operators in Ohio are not getting massive tax breaks for promotional spending in the early days of the new market launch. Instead, legislators in Columbus opted for a low tax rate of 10% with a gradual implementation of promotional deductions in the coming years.

Texas

  • The Texas Tribune: Texas Business Interests And Family Values Collide As Lawmakers Debate Legalizing Gambling
    • Critics and proponents of legislation to expand gambling in Texas pitted two key conservative tenets against one another as they testified before lawmakers in a House committee hearing Wednesday. Supporters stressed that the efforts would be an economic boon for the state, creating thousands of jobs and millions in tax revenue, while opponents appealed to lawmakers’ sense of family values, stressing the immorality of legalizing the potentially addictive gaming.
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