Industry News of the Day for March 31, 2020

iDEA Growth Member News:

• Penn Bets, 3.31.20 – Pennsylvania Online Poker Liquidity Sharing Unlikely, But Still Possible, In 2020 (Poker Stars)
  • Online casino gambling in Pennsylvania has witnessed a significant uptick after the sports world was put on ice this month.

Industry News:

• Legal Sports Report, 3.30.20 – The Week In Sports Betting News: Washington Legalizes First In 2020
  • We at LSR hope you and yours are safe and healthy as you digest our recap of last week’s sports betting news.
• Forbes, 3.30.20 – Virtual Tennis Provides Boost To Online Sports Betting During Lockdown
  • The global sporting shutdown caused by the coronavirus crisis has affected fans, sports organizations, and broadcasters alike.
• Online Poker Report, 3.30.20 – Interactive Team Not Part Of Sweeping Penn National Furloughs
  • Penn National, one of the largest casino operators in the US, will place nearly 97% of its workforce on unpaid leave beginning Wednesday.
• PlayPennsylvania, 3.30.20 – Casino Closures Devastate Gaming Industry, But Could Relief Be On The Way?
  • As of March 25, all the 465 commercial casinos closed in the US as a result of the coronavirus pandemic. An estimated 649,000 casino employees are currently out of work due to the shutdown.
• WSN, 3.31.20 – Pennsylvania, Nevada And Mississippi Post Modest Feb. Revenue
  • Three big states in the expansion of sports betting in the United States posted disappointing revenue figures for the month of February.

Sports League News:

• PlayIndiana, 3.30.20 – IndyCar Postpones Indianapolis 500 Moving From Memorial Day To Aug. 23 This Year
  • For the first time in 74 years, Memorial Day weekend won’t feature the Indianapolis 500. IndyCar made a necessary but unfortunate decision to postpone the motorsport’s most iconic event last week.

Colorado:

• Sports Handle, 3.30.20 – Colorado: We’ll Be Ready For Sports Betting May 1
  • If all goes as planned, the Colorado Limited Gaming Control Commission will be ready for legal Colorado sportsbook operators to go live on May 1. The question is whether there will be any sports to bet on.
• The Gazette, 3.30.20 – Wildwood Casino Signs Sports Wagering Deal With Las Vegas Firm
  • Wildwood Casino operator American Gaming Group announced Monday it has signed an agreement for Las Vegas-based ISI Race & Sports to provide hardware, software and marketing for Wildwood’s sports wagering operation.
• Gambling Insider, 3.31.20 – Wildwood Casino In Colorado Partners With ISI
  • Wildwood Casino in Cripple Creek, Colorado, has partnered with ISI Race and Sports, which will provide hardware, software and marketing for the casino’s rollout of sports betting.

Oklahoma:

• Gambling Compliance, 3.31.20 – Oklahoma Tribal Gaming Group Criticizes Compact Offer (subscription paywall)
  • An Oklahoma tribal gaming association said on Monday it was disappointed by a new compact offered to tribes not involved in ongoing litigation between Republican Governor Kevin Stitt and the state’s largest gaming tribes.

Pennsylvania:

• Penn Bets, 3.30.20 – Despite Casino Industry’s Halt, A Big Project Chugs Toward Philadelphia Completion
  • Casinos are shut down indefinitely across Pennsylvania, and that goes for multiple mini-casino construction projects as well, but one massive project to expand the industry continues in Philadelphia.

New York:

• WSN, 3.31.20 – Online Betting Shelved In New York Budget
  • New York legislators and Gov. Andrew Cuomo continue to be at odds over the language of a mobile sports betting amendment, shelving the measure for the upcoming fiscal year.

Delaware:

• Gambling Insider, 3.31.20 – Delaware February Sports Betting Revenue Rises To $160K
  • Delaware earned $160,000 in February sports betting revenue, a year-on-year improvement of 621%.
• Gambling.Com, 3.30.20 – Delaware February Sports Betting Revenue Rises Year-Over-Year
  • Delaware sports betting revenue grew year-over-year last month despite a decline in handle from February 2019.

Rhode Island:

• Gaming Intelligence, 3.31.20 – Rhode Island Sees Sports Betting Growth In February (subscription paywall)
  • Rhode Island’s licensed sports betting operators recorded a 36 percent increase in total wagers to $28.1m for the month of February.

Washington, D.C.:

• Washington City Paper, 3.30.20 – The Coronavirus Pandemic Delay’s D.C.’s Sports Betting Launch
  • Sports betting in the District, already troubled by long delays and lost revenues, has hit a new and costly snag.

Indiana:

• PlayIndiana, 3.30.20 – With Casinos Closed, Indiana Should Consider Regulated Online Casinos
  • As the coronavirus (COVID-19) pandemic continues to affect all aspects of life, more and more industries are moving their operations online, if possible. The gambling industry is no exception.