Industry News of the Day for November 12, 2021

iDEA Growth Member News: 

• Sports Handle, 11.11.21: Entain Touts Powerful Tech Stack With DraftKings Courtship Having Faded 
  • When a major company walks away from an acquisition attempt in excess of $20 billion, it is only natural for the party on the other side to feel somewhat slighted. 

Overall Industry News: 

• SBC, 11.12.21: Sportshandle: That Was The Week That Was In US Sports Betting 
  • SportsHandle and friends deliver another round-up of the week’s big developments in US sports betting. 
• Forbes, 11.11.21: Disney Is ‘Aggressively’ Pursuing Opportunities In Sports Betting 
  • The company known for creating “The Happiest Place On Earth” is looking to place a wager. 
• SBC, 11.12.21: Disney CEO: ‘Sports Betting Is A Very Significant Opportunity For The Company’ 
  • Disney CEO Bob Chapek has described sports betting as a ‘very significant opportunity’ for the company, adding that its sports broadcasting platform ESPN is the ‘perfect’ place for it. 

Indiana:  

• Play IN, 11.12.21: Record Month Helps Indiana Sports Betting Reach $5 Billion In Wagers 
  • A bump in admissions helped create a corresponding rise in casino revenue in Illinois, with the state’s Gaming Board reporting $109.1 million in revenue at its 10 venues in October. 

Mississippi: 

• Legal Sports Report, 11.12.21: No More ‘Mississippi Mobile’ Sports Betting? State Weighs Change 
  • Bills to expand Mississippi sports betting to allow statewide mobile failed each of the past three years. That could change in 2022. 

North Carolina:  

• Carolina Journal, 11.12.21: Long Odds For Sports Betting Legalization In N.C. This Year 
  • While a bill that would legalize sports betting across North Carolina passed a House committee last week, odds are heavily against it passing the full General Assembly before the session ends. 

Michigan:  

• Play MI, 11.11.21: Michigan Historical Horse Racing Bill Passes Senate, But Casino Opposition Remains 
  • The Michigan Senate passed its historical horse racing bill last week, but that doesn’t mean the HHR legislation has a clear path to the finish line. 

Ohio:  

• WKSU, 11.11.21: A Bill That Would Make Sports Betting Legal In Ohio Is Still In Limbo 
  • Sports betting in Ohio has been tied up in debate for months, since the Senate added its sports gambling bill to a House measure on veterans’ ID cards this summer. 

Arkansas: 

• THV 11, 11.11.21: Proposed Rule Change Could Allow Mobile Sports Betting In Arkansas 
  • Arkansans might finally be allowed to place sports bets through a mobile app soon if a proposed rule change is passed. 

Colorado: 

• Denver Post, 11.12.21: As Horse Racing Stumbles, Colorado Considers Change That Would Expand Access To Betting On The Sport 
  • A gambler in Colorado can open a sports betting app on a smartphone to place wagers on any pro sports team in the United States, British soccer games, Russian table tennis, European rugby and even Pakistan’s cricket team. 

Louisiana:  

• American Press, 11.11.21: Sports Betting Up And Running In SW La. 
  • Local elected officials, a Houston-based businessman and DraftKings officials gathered at Golden Nugget Casino Thursday to cut the ribbon on the new Sportsbook space.