Industry News of the Day for October 19, 2022

Industry News

  • J.R. Duren for Penn CEO Calls For Crackdown On Illegal Gaming
    • Illegal gambling runs rampant across the country, and gaming executives like Penn Entertainment CEO Jay Snowden are cracking down. Snowden sent a team of employees out to various communities in Pennsylvania to check out reports of illegal gambling. The results were sobering, he said in a keynote interview at this year’s Global Gaming Expo.
  • Conor Porter for SBC Americas: SportsGrid agrees To Content Partnership With Associated Press
    • SportsGrid Network has agreed to a partnership with The Associated Press to make its comprehensive daily sports betting content available to AP users. The content will serve as a sports betting solution to integrate publishers, sportsbooks, and the sports gaming community to unlock “an entirely incremental revenue stream”.


  • for Connecticut Sets New Sports Wagering, IGaming Revenue Marks
    • The state’s Department of Consumer Protection on Tuesday reported record gross revenue totals for both gaming disciplines in September, with online casino gaming seeing a notable surge in play and sportsbooks furthering the nationwide pounding of the betting public.




  • Bennett Conlin for SportsHandle: November Or December? The Latest On Maryland Mobile Wagering Launch Timeline
    • The Maryland Sports Wagering Application Review Commission met Thursday, providing an update on the timeline for the upcoming launch of legal mobile sports betting in the state. A late November launch of mobile sportsbooks seems like the earliest possible time frame, and there’s a chance those sportsbooks don’t go live until December.



New Jersey

New York

  • Mike Mazzeo for Legal Sports Report: Can’t Make Money’ In NY Sports Betting, Says CEO Who Wanted License
    • Online NY sports betting operators are approaching $1 billion in gross gaming revenue, while the state is closing in on $500 million in tax revenue.  However, Fanatics CEO Michael Rubin, whose company was turned down for a New York sports betting license, said he is happy to be left out of the Empire State.


  • Rob Fletcher for iGB North America: Sports betting growth drives PA gambling revenue up 7.9% in September
    • Gambling revenue in Pennsylvania increased by 7.9% year-on-year in September following a 77.7% jump in sports betting revenue. Total gambling revenue for the month amounted to $448.5m, which was ahead of $415.7m in September 2021 and also 5.4% higher than $425.4m in August of this year.


  • Russ Mitchell for Study Recommends One Agency For Virginia Gaming
    • Depending on the bets you make in Virginia, one of three state agencies may be in charge of Virginia gaming rules and regulations. That could change if the Virginia General Assembly follows the recommendations made in a report released on Monday.