Industry News of the Day for May 3, 2019
iDEA Growth in the News:
- Play USA, 5.2.19 – Why States Should Embrace Online Casinos Along With Sports Betting (iDEA Growth study referenced in article)
- Perhaps one of the industry’s biggest mysteries is that no state has taken the plunge with online casino gaming in the five-plus years since New Jersey first flipped the switch on its regulated iGaming market. As things stand, legal online casino gaming is still only available in New Jersey and Delaware. The only other online gaming state, Nevada, allows internet poker.
- US Bets, 5.2.19 – Michigan On Pace For Sports Betting During Upcoming NFL Season After Key Hearing
- On Thursday morning in Lansing, a Michigan House committee held a hearing on a package of gaming bills, including one that calls for online gambling, including casino games and sports wagering. There was no vote held, but that could come by the end of the month.
- US Bets, 5.2.19 – Chicago Says It Might Thwart Illinois Sports Betting If It Can’t Get A Casino
- Illinois has a large potential market for sports wagering, but legal bets could be a handful of years away. That’s despite the governor calling for sports betting and lawmakers holding a hearing last week.
- Legal Sports Report, 5.2.19 – Deal Or No Deal: Could Amended NY Sports Betting Bill Be The Winning Case?
- The two legislators at the heart of NY sports betting bills have a deal. Whether it’s enough for New York Gov. Andrew Cuomo remains to be seen. Their amended companion bills that authorize mobile sports betting in NY appeared Thursday ahead of a committee meeting planned next week in the Senate.
- Play Pennsylvania, 5.2.19 – Keno’s First Birthday Dampered By Illegal Skill Games
- The PA Lottery told PlayPennsylvania that the debut year of Keno generated $43,920,811 in sales and resulted in an estimated profit of $9,223,370, all of which goes to a fund to assist elderly citizens in the Keystone State.
- Online Poker Report, 5.2.19 – NH Lottery Vendor Says DOJ ‘Charade Must End’ In Wire Act Case’s Latest Filing
- The New Hampshire Lottery’s vendor minced few words in its latest filing on the federal court case about the scope of the Wire Act and its application beyond sports betting. “This charade must end,” lawyers for Neopollard Interactive wrote in their latest brief in its case against the Department of Justice. The DOJ recently opined that the Wire Act applies to all forms of interstate gaming, leading to the NH Lottery and a number of states crying foul.
Sports League News:
- Sports Handle, 5.2.19 – Shakedown Fees: NBA, MLB Demanding Nevada Sportsbooks Pay More Or Get Cut Off
- The National Basketball Association and Major League Baseball’s quest for a direct, off-the-top cut of legal sports bets has escalated well beyond lobbying at statehouses across the country. The leagues have taken the fight directly to Nevada sportsbooks: pay the NBA an undisclosed, additional flat fee for a package of playoff games, or get cut off — in the middle of the playoffs — from the supply of sports betting data from one of the NBA’s designated “official” data suppliers, Sportradar US.
- ESPN, 5.3.19 – NCAA Rescinds Ban On Title Events In Betting States
- The NCAA announced Thursday that it has rescinded a policy that prohibited championship competitions from being held in states that allow single-game sports betting.
- ESPN, 5.3.19 – NASCAR To Create Live Betting Platform
- NASCAR is in the process of creating a live betting product that will be distributed to legal sports betting operators around the world. Through a partnership with sports data company Genius Sports announced Friday, NASCAR’s official data will be used to build a real-time gaming platform that provides odds and a suite of wagers and prop bets to licensed sportsbook operators.