Industry News of the Day for October 19, 2022
Industry News
- J.R. Duren for PlayUSA.com: 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”.
Connecticut
- Chris Altruda for USBets.com: 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.
Florida
- John Holden for PlayFL.com: Remember Me? Plaintiffs Who Challenged Florida Gaming Compact File Amicus Brief Supporting West Flagler
- The D.C. Court of Appeals mandated those filing in support of West Flagler Associates must be submitted by Oct. 13. The case at hand holds the future of the 2021 Florida gaming compact that briefly legalized sports betting last year. However, a U.S. District Court judge ruled in favor of West Flagler that the compact violated federal standards.
Iowa
- Marian Rosin for PlayIA.com: Panelists Predict Online Casinos In Iowa Are Likely Coming Soon
- Panelists at the East Coast Gaming Conference discussed the possible future of Iowa online casino gaming as well as casino changes resulting from the pandemic.
Maryland
- 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.
Michigan
- Drew Ellis for PlayMichigan.com: Football Boosts Michigan Sportsbooks In September, But Total Handle Dips Year Over Year
- Michigan sportsbooks saw the boost of a new football season in September, recording $383.1 million in sports betting handle. It’s a 66.7% increase from August but less than a 1% decrease from September of 2021.
- Jeff Edelstein for MIBets.com: DraftKings Takes Sportsbook Title And Has Its Best Casino Month Ever
- DraftKings took $108.2 million in wagers, FanDuel $106.3 million, which marks the first time DraftKings sat atop the standings since December 2021, which was also the last full month of regular season NFL.
- Heather Fletcher for MichiganSharp.com: Pending Skill Games Bill Would Create ‘Unregulated Mini-Casinos’ Says MGCB
- The average Michigander may not even notice the pseudo-slot machines at the gas stations, markets, and bars they visit. Skill games, or unregulated gambling machines, probably won’t be at the forefront of their minds when they enter voting booths on Nov. 8.
Nevada
- Marc Meltzer for PlayNevada.com: Las Vegas Ads Tell Parents To Leave The Kids Home
- The Las Vegas Visitors And Convention Authority (LVCVA) just released two ads focusing on adults visiting Sin City — without the kids.
New Jersey
- Chris Imperiale for PlayNJ.com: Atlantic City Casino Revenue Drops Again, Totals Around $252 Million In September
- For the second consecutive month, Atlantic City casinos witnessed their revenue fall. Although September earnings didn’t match the past few months, they still reached about $252 million last month. This performance finished up around $22 million short of August’s production, or a decrease of 8%.
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.
Pennsylvania
- Corey Sharp for PlayPennsylvania.com:
- NFL Fuels Pennsylvania Sportsbooks To $645 Million September As DraftKings Closes Gap With FanDuel Figures released on Monday by the Pennsylvania Gaming Control Board show the true power that NFL betting brings for the state’s gambling industry. Pennsylvania sportsbooks handled $645.2 million in the month of September, a $282 million increase from August and an 11.5% increase from last year.
- 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.
Virginia
- Russ Mitchell for PlayVirginia.com: 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.