Industry News of the Day for November 22, 2019
iDEA Growth Member News:
- EGR, 11.21.19 – What Legal Betting In California Could Look Like (subscription paywall)
- Ifrah Law associate Andrew Silver analyzes the states tribes’ move to put betting to a public vote, and what its wagering landscape might look like.
- Legal Sports Report, 11.21.19 – DraftKings Is About To Get A New Hampshire Sports Betting Contract: Is It Getting A Monopoly, Too?
- It looks like DraftKings Sportsbook will be the only mobile sports betting operator in the state of New Hampshire – at least for now.
- Gambling Compliance, 11.22.19 – DraftKings’ New Hampshire Contract Covers Official Data, Four Retail Locations (subscription paywall)
- A new contract that would make DraftKings the exclusive mobile sports-betting operator in New Hampshire is set to be approved on Monday and reveals how the Granite State views official league data and its priorities regarding retail sportsbook locations.
- Business Insider, 11.21.19 – Meet The 22 Power Players Leading The Explosion Of The US Sports Betting Space (DraftKings, SBTech; subscription paywall)
- Gaming, media, and tech companies are vying to corner pieces of the burgeoning sports betting market in the US, 18 months after the Supreme Court lifted a federal ban on sports wagering in the country.
- Bloomberg, 11.22.19 – Wall Street Wades Into Sports Gambling As Legalization Spreads
- The line between trading and gambling has always been fuzzy. So now that many U.S. states have legalized sports betting, following a 2018 Supreme Court ruling, it’s natural to wonder if Wall Street will start looking for a piece of the action.
- Sports Handle, 11.21.19 – How The U.S. Legal Sports Betting Business Is Fundamentally Disadvantaged
- Not all bets are not created equal. With local bookies, operating through pay-per-head websites or otherwise, it’s a credit world. In regulated markets expanding all across the U.S., it’s quite different.
- Legal Sports Report, 11.21.19 – Checkmate? How A Chess Case Puts Another Nail In The Proprietary Sports Betting Data Coffin
- Andy Levinson, the senior VP of tournament administration for the PGA Tour, said recently data not provided by the PGA Tour to sportsbooks is “stolen data.” This latest salvo is one instance in the ongoing sports leagues’ battle for additional compensation from sports betting.
- SBC Americas, 11.21.19 – Dancing In The Dark: Why Competitive Visibility Is A Winner In US Sports Betting
- When the legal sports betting market in the US kicked off last year, it opened up a billion-dollar industry for bookmakers and affiliates. According to Adthena, the competitive intelligence platform specialist, it’s a brand new competitive landscape where everything’s up for grabs, the competitors are yet to be determined, and the first order of business is to acquire as many players as you can, as fast as you can.
- NJ Gambling Sites, 11.21.19 – 6 Changes Worth Noting In 6 Years Of New Jersey Online Gambling
- New Jersey online casinos opened for business with seven casinos and six online poker rooms in a coordinated launch on Nov. 21, 2013.
- Daily Inter Lake, 11.21.19 – Montana Lottery Approves Rules For Sports Betting
- The Montana Lottery Commission on Thursday approved a draft of rules that will legalize sports wagering in Montana.
- The Independent Record, 11.21.19 – Montana Sports Betting Takes Step Forward
- Sports wagering in Montana took another step toward implementation Thursday as the Montana Lottery Commission unanimously signed off on draft rules that will be final by December.
- KRTV, 11.21.19 – “Sports Bet Montana” Is Coming Soon
- The Montana Lottery on Thursday that Sports Bet Montana will be the name of its new sports wagering product.
- WTKR, 11.21.19 – Bill Pre-Filed In Virginia Looks To Legalize Sports Betting, Casino Gambling In 2020
- A bill pre-filed by Republican Delegate Barry D. Knight looks to open sports betting and casino gambling to Virginians in 2020.
- Legal Sports Report, 11.22.19 – Kentucky Sports Betting Will Get Another Shot In 2020 Legislature
- Rep. Adam Koenig expects to introduce another sports betting bill in Kentucky’s next legislative session, which begins Jan. 7, according to WDRB-TV. The bill would include mobile sports betting and would also legalize online poker.
- WTOP, 11.21.19 – DC Bars, Restaurants Hope To Take Bets By Super Bowl
- D.C. bars and restaurants could be ready to take your bets by Super Bowl Sunday, even though plans for citywide sports betting have been tied up in the city’s bureaucracy as well as the courts.
- Associated Press, 11.21.19 – Tennessee Drafts Rules, Hires Director For Sports Betting
- Tennessee is releasing proposed rules and has hired a director for its online-only sports betting program. But there’s still no indication of when people can start placing bets.
- Arkansas Democrat-Gazette, 11.22.19 – Sports-Bet Setup Not Regulated By State, But Objections Aren’t Ruled Out
- The Arkansas Racing Commission on Thursday instructed its attorney to inform a Nevada company that operates a site for people to buy and sell active sportsbook tickets that the commission doesn’t regulate the firm under its rules.
- Sports Handle, 11.21.19 – Top Sportsbook Jockeying For Position In Colorado Following Contentious Vote
- As Colorado officials counted the ballots on a measure that could bring mobile sports betting to the Rocky Mountains, a closer than expected vote on Proposition DD produced an evening full of anxiety for Ron Shell.
- Gambling Compliance, 11.22.19 – Nevada Gaming Regulators Approve Rules To Strengthen Employee Protections (subscription paywall)
- The Nevada Gaming Commission (NGC) on Thursday unanimously approved amendments to state gaming regulations aimed at providing industry employees with additional protections against workplace harassment and discrimination.
Sports League News:
- Sports Illustrated, 11.21.19 – When Start-Ups Come To The Sports World
- With sports betting legal and demand for live content surging, leagues are launching left and right. Most will fail, but what will they leave behind? History tells us: a lot