Industry News of the Day for March 27, 2023

By iDEA | March 27, 2023

iDEA Growth Member News

  • Legal Sports Report: FanDuel Stock Listing For Parent Company Closer After Shareholder Feedback
    • A significant majority of Flutter shareholders gave “very strong support” to the idea of the parent company of FanDuel stock launching through a secondary US listing. Talks about a listing in the US are nothing new, with discussions about listing a small piece of FanDuel in the US dating back to 2021. Flutter proved it was serious about a secondary listing for the full company when it announced it would consult shareholders about the idea in February.

Industry News

  • iGB North America: NCPG Taps New Leaders For Advisory Board
    • The US National Council on Problem Gambling (NCPG) has announced new members to its advisory board, including new chair and vice chair. Christopher Herbert, J.D., director of the Gaming Division at the Louisiana Attorney General’s Office succeeds Stacy Shaw as chair of the advisory board. Herbert has acted as an assistant attorney general for more than eighteen years and has led on problem gambling awareness initiatives in the state of Louisiana.

Georgia

  • PlayUSA: Senators Want To Simplify Georgia Gambling Issues With Study
    • Georgia Sen. Carden Summers thinks legislators and lobbyists have complicated Georgia gambling issues in recent years. Lobbyists descend on the capitol building wanting to legalize sports betting, casino and horse wagering. Some want all three, some want one at a time. Some lawmakers think Georgia can do sports betting without a constitutional amendment, some don’t. Summers and four Senate colleagues think Georgia needs to take a step back before it can take a step forward.
  • PlayGeorgia: Sports Betting Alliance Supporting Efforts To Legalize Wagering In Georgia
    • The Georgia Sports Betting Alliance is working to legalize online sports betting in the state and has stepped up its efforts to educate lawmakers and the public about the harm done by illegal offshore betting operators. Although Georgia online sports betting legislation looked like it was dead this legislative session, House Bill 237 was amended to include sports betting language and has worked its way to a possible Senate vote.

Michigan

North Carolina

  • NC Sharp: Location Data Reveals Massive North Carolina Online Sports Betting Interest
    • Thousands of North Carolina residents are trying to bet on sports online despite it not being legal in the state. GeoComply, a company that tracks location data for legal online sportsbooks, shared some staggering data during a recent committee hearing on the bill that would legalize sports betting in North Carolina.

Oklahoma

  • Sports Handle: Oklahoma Betting Bill That Would Put Tribes In Charge Passes House
    • An Oklahoma sports betting bill that would put tribes in charge under legalization passed through the state House Tuesday and is headed for Senate consideration. HB 1027 would allow for retail and digital sports betting in Oklahoma, while requiring the tribes to share revenue with the state on a sliding scale from 4-6% of revenue, depending on how much money a sportsbook takes in each month.

Texas

  • PlayTexas: Houston Sports Owners Fully Support Texas Sports Betting
    • Multiple Texas sports betting bills have been filed in the 2023 Legislative Session. Some of the biggest supporters of those bills are the owners of Houston’s professional sports franchises. All are members of the Texas Sports Betting Alliance. The goal of the SBA is to legalize Texas sports betting and grant operator licenses to Texas’ pro sports teams. Here are four Houston owners hoping to get this done.

Vermont

  • SBC Americas: Vermont Sports Betting Bill Out Of The House And On The Senate
    • We are in the height of the legislative season, and several states are seeing more progress than ever when it comes to legalizing sports betting. Not only has the sports betting effort in Vermont gotten farther than ever, with a bill passing through the House and onto the Senate Friday, but it has done so with remarkably little opposition.
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