iDEA Growth Member News:
- Bloomberg, 5.11.20 – George Soros Wagers On Sports Betting With DraftKings Stake
- George Soros has a $66 million stake in DraftKings Inc., one of several big-name investors to receive shares in the sports-betting company through a deal that took it public last month.
- Sports Handle, 5.11.20 – Get A Grip: UFC Pulls It Off In Florida, Drive-Thru Sportsbooks And Colorado
- Here’s the weekend (or occasionally fashionably late) Sports Handle item, “Get a Grip,” recapping the week’s top sports betting stories, highlighting some fresh news and rounding up key stories.
- Legal Sports Report, 5.11.20 – The Week In Sports Betting News: When Is OK Just Not OK?
- We’re a day away from two months without major professional sports. And we’re closing in on the two-year anniversary of the biggest piece of sports betting news in American history: the end of PASPA.
- New York Post, 5.12.20 – Sports Betting Has High Hopes Despite $43 Billion Hit
- With casinos closed nationwide, the only way to take advantage of what few options are on the sports betting menu is through apps. But only 10 states, including Colorado, allow such mobile betting outside brick-and-mortar sportsbooks.
- SBC Americas, 5.11.20 – Professional Bowling Tipped For Success In Sports Betting Sector
- The sport of professional bowling could be one of the next areas of interest for the sports betting sector as it looks forward to resuming business once the coronavirus pandemic finally subsides.
Overall Industry News:
- Gambling Compliance, 5.12.20 – Eldorado Expects To Close Caesars Deal In June (subscription paywall)
- Eldorado Resorts’ acquisition of Caesars Entertainment is set to close in either June or July and remains a compelling move despite the coronavirus pandemic, CEO Tom Reeg said Monday.
- Gambling.Com, 5.11.20 – Mobile Sports Betting Lets West Virginia Avoid April Shutout
- West Virginia took an expected drop in sports betting revenue in April with major leagues all shut down because of coronavirus concerns.
- PlayMichigan, 5.11.20 – Michigan Regulator: Online Sports Betting, iGaming Could Launch In November
- Even without emergency rules being issued, iGaming and online sports betting in Michigan could launch in November, a state regulator said Friday.
- PlayMichigan, 5.11.20 – Iden: Fall Launch Of Michigan Online Gambling Could Hinder Early Market
- Brandt Iden, lead sponsor of the bills that became expanded Michigan gambling laws, agrees with a state regulator who says iGaming and online sports betting could launch this fall.
- Gambling.Com, 5.11.20 – Iowa Reports April Sports Betting Handle Of $1.5 Million
- What little sports betting handle Iowa saw in April was all mobile from existing users — new bettors would have had to register at the state’s casinos that have been closed since mid-March.
- PlayIndiana, 5.11.20 – NFL Draft Betting Does Little To Boost April’s $26 Million In Bets On Indiana Apps
- Indiana’s sports betting handle continues to feel the impact of COVID-19. The Hoosier State brought in a record-low handle of $26 million during April.
- Inside Indiana Business, 5.11.20 – Sports Betting Sees Another Sharp Drop In Indiana
- Indiana sportsbooks last month generated their lowest monthly revenue total since sports betting began in Indiana last October.
- SBC Americas, 5.11.20 – TheScore Granted Temporary Wagering Vendor License For Indiana
- Score Media and Gaming Inc has cleared the first hurdle to becoming operative in the state of Indiana this week.
- PlayColorado, 5.11.20 – Colorado Commission Will Consider New Type Of Poker Game
- A new variety of poker could soon be in the cards for Colorado bettors. And current Blackjack rules could be amended.