Industry News of the Day for March 9, 2022
iDEA Growth Member News:
- US Bets, 3.9.22: Ask A Bookmaker With Johnny Avello: The Impact Of Overtime
- Welcome to our weekly “Ask a Bookmaker” feature, which answers many of the common (and uncommon!) questions gamblers and enthusiasts have about how sportsbooks operate in the modern age of sports betting.
- Ifrah Law, 3.8.22: Ifrah Law and EGR Announce 2022 Ifrah Pitch Competition for Start-ups Entering the Online Gaming Space
- Today, Ifrah Law and EGR North America kicked off the 2022 ‘Ifrah Pitch’ competition; a competition for small business start-ups looking to enter the online gaming space in the United States.
Rhode Island:
- IGB, 3.8.22: Rhode Island Sports Betting Handle Hits $58.6m In January
- Consumers in Rhode Island spent $58.6m on sports betting in January, the second-highest monthly total since legalization in November 2018.
Missouri:
- IGB, 3.8.22: Missouri Sports Wagering Bills Advance To Committees
- A number of new bills that would authorize sports wagering in Missouri have progressed in the state legislature.
Virginia:
- Augusta Free Press, 3.9.22: Is Online Sports Betting Legal In Virginia?
- In the past year, sports betting has seen a drastic increase in the United States of America.
West Virginia:
- Play WV, 3.7.22: West Virginia Online Casinos Sustain Mild Drop In January Revenue
- Despite not matching their record-setting month to close out 2021, West Virginia online casino revenue continued strongly in a successful January.
Kentucky:
- Play USA, 3.8.22: New Kentucky Bill Would Create $225 Million Problem Gambling Fund
- A new bill filed in the Kentucky General Assembly could establish a fund to fuel gambling addiction services. The big (and a tad ironic) takeaway would be that funding for these services would come from online poker.
Minnesota:
- Sports Handle, 3.9.22: Minnesota House Committee Takes First Step On Path To Legalizing Sports Betting
- A Minnesota House committee on Wednesday took a baby step and moved a bill that would allow for statewide mobile sports betting with the tribes, for the most part, in control.
Ohio:
- SBC, 3.9.22: PlayOhio: Buckeye State Could Be A Top US Sports Betting Market
- The regulatory sports betting framework created by Ohio lawmakers has been praised by PlayOhio, which tracks the state’s regulated online gaming and sports betting market, as it could offer one of the US’ best sports betting markets “free from any significant flaws or limitations that could stifle Ohio’s industry.”
Iowa:
- Play IA, 3.8.22: Gambling Bill With Additional Sports Wagers, Esports Passed By House
- The Iowa House of Representatives passed a gambling bill last week that would expand sports wagers in the state.
Michigan:
- Play MI, 3.8.22: Detroit Mayor Mike Duggan Credits Online Gaming For Helping Offset City’s Losses
- Michigan’s online gaming industry was given big praise this week by Detroit Mayor Mike Duggan.
Arizona:
- SBC, 3.9.22: Arizona’s Sportsbooks Narrowly Miss Out On $500m Handle In December
- Arizona’s sportsbooks fell just short of the $500m handle mark in December 2021, but did manage to set a new monthly handle record, according to PlayAZ.com.
- Sports Handle, 3.8.22: Arizona Caps 2021 Sports Betting With Nearly $500M Handle In December
- Arizona came just $800,000 short of $500 million in sports betting handle in December, the state’s Department of Gaming reported Tuesday.