Industry News of the Day for May 24, 2021

iDEA Growth Member News 

Overall Industry News: 

  • News Gazette, 5.24.21: What to Expect from the Sports Betting Industry 
    • Sports betting was soaring to never-before-seen heights in 2019. The Supreme Court allowed individual states to implement sports betting in 2018. This was because the court ruled that the Professional and Amateur Sports Protection Act was unconstitutional in a 6-3 decision. 

West Virginia: 

Ohio: 

Connecticut: 

  • AP News, 5.20.21: Connecticut House Approves Sports Betting Deal With Tribes 
    • The state House of Representatives approved a long-awaited gambling agreement Thursday that Connecticut Gov. Ned Lamont reached in March with the state’s two federally recognized Native American tribes, moving the state closer to legalizing sports and online gambling. 

Maryland: 

  • Southern Maryland Chronicle, 5.21.21: Impact of Sports Betting Bill Already Seen in Maryland 
    • It has been just one day since Maryland Gov. Larry Hogan signed HB 940 into law, and we are already seeing the effects this legislation is having in Southern Maryland and across the entire state. 

Washington:  

  • MyNorthwest, 5.22.21: More Washington Tribes Inch Closer To Sports Betting As New Concerns Arise 
    • The battle to get legal sports betting in Washington state has been a constant since a 2018 U.S. Supreme Court decision that scrapped a law that had made it illegal in most states. The 2020 legislative session brought dueling bills – some in favor of only allowing sports wagers on tribal lands at casinos, and others pushing to expand that to existing card rooms and race tracks. 

Colorado: