Industry News of the Day for May 25, 2021

iDEA Growth Member News: 

Overall Industry News: 

  • Legal Sports Report, 5.24.21: Bump In The Road Ahead For Legal Sports Betting In Canada? 
    • Even dropping back down to even-money from a heavy favorite, there still seems to be optimism that legal single-game wagering will make its way to Canada before the kickoff of the NFL season. The wide support from powerful industry stakeholders and sports leagues is something that was lacking previously. 





  • Play Tenn, 5.24.21: Tennessee Produces More Sports Betting Tax Than All But Three States 
    • When it comes to sports betting tax revenue, the state of Tennessee ranks fourth in the nation. The Volunteer State has accumulated almost $16 million in state privilege tax over the past five months. That figure is pretty remarkable when you realize the Tennessee sports betting industry is just six months old. 


  • US Bets, 5.24.21: The Top 3 Items To Follow In The New Ohio Sports Betting Bill 
    • On May 6, the state unveiled the first OH sports betting bill to lackluster applause. Days later, the Senate said it would introduce a substitute bill to fix some of the issues with the original draft. Now that Ohio is officially in the mix to legalize sports betting, it’s only right to break down key line items to watch moving forward.