Industry News of the Day for October 26, 2022
iDEA Growth Member News
- John Holden for LegalSportsReport.com: Opinion: FanDuel Departure Suit Hits Challenging Block For Nigel Eccles
- A lawsuit brought against the company by one of the founders of FanDuel fell short in a New York appeals court. The New York-based lawsuit followed a case brought in Scotland that failed to provide the relief Nigel Eccles was seeking and ultimately was abandoned by the plaintiffs.
- Charlie Horner for SBCAmericas.com: Kambi confident of ‘promising’ future as Americas position strengthened in Q3
- Kambi CEO Kristian Nylén has detailed that, despite a ‘challenging’ Q3 of little sporting action and increasing macroeconomic headwinds, he remains positive of a ‘promising’ end to the year headlined by the FIFA World Cup.
- Jeff Edelstein for SportsHandle.com: FanDuel, Sportradar Extend NBA Partnership Through 2030-2031 Season
- FanDuel and Sportradar have extended their partnership for official NBA data into the next decade, according to a press release issued before the bell Wednesday. The agreement will run through the 2030-31 season (at which time Bronny James will be 26 years old) and under the terms of the deal, Sportradar will supply FanDuel with official NBA data and “supplementary betting services” for FanDuel’s sports betting platform.
- Rob Fletcher for iGBNorthAmerica.com: Boyd reveals Q3 growth as Pala Interactive deal edges closer
- Land-based casino operator Boyd Gaming said that it expects to complete its acquisition of Pala Interactive in the next “several weeks” and also reported year-on-year growth across revenue and net profit in its third quarter.
- Katarina Vojvodic for PlayUSA.com: Regulators Approve Rules For Sports Betting At Nebraska Casinos
- Nebraska sports betting is getting one step closer to becoming a reality. The Nebraska Racing and Gaming Commission (NRGC) unanimously voted on Oct. 21 to approve the state’s sports betting rules on racetrack casinos.
- Mark Saxon for USBets.com: The Sooner The Better On Casino Licenses, Says Lawmaker
- With the New York State Gaming Commission preparing to hear proposals from real estate developers and gaming companies in the coming months, some New York officials would like to see the pace remain brisk.
- Danny Cross for PlayOhio.com: Projection: Ohio Will Place $8 Billion In Sports Bets In 2023
- Ohio’s sports betting industry should get off to a fast start in 2023, and the state will quickly rank among the biggest markets in the U.S., according to PlayOhio projections. With Ohio sports betting kicking off at midnight New Year’s Eve, Ohio bettors will jump in during Week 17 of the NFL season. NFL playoffs and Super Bowl betting will follow over the next few weeks before March Madness adds to the volume and things slow down during the summer months.
- Hill Kerby for PlayPennsylvania.com: PA Skill Games Pose ‘Existential Issue’ And ‘Direct Threat’ To Legal Casino Industry
- The ongoing battle between Pennsylvania casinos and skill games continues to escalate, this time on a worldwide stage. Earlier this month, Penn Entertainment CEO Jay Snowden spoke at the Global Gaming Expo (G2E) in Las Vegas about tens of thousands of illegal, unlicensed gambling machines throughout the state.
- Jeremy Wallace for HoustonChronicle.com: Texas Governor Says He’s Open To Expanded Casino Gambling
- Gov. Greg Abbott is opening the door a crack to expanded casino gambling in Texas if he wins re-election. While far from an all-out promise to turn Texas into Las Vegas, the Republican is now saying that while he doesn’t want a proliferation of gambling in Texas, he’s willing to listen to the gaming industry’s proposals.
- Nicholaus Garcia for PlayUSA.com: DC Lawmakers Introduce Bill To Expand Online Sports Betting Options
- Lawmakers in Washington, DC, introduced a new gaming bill that could expand the number of online DC sports betting options in the District. On Monday, Councilmember Elissa Silverman introduced the Sports Wagering and Fair Competition Amendment Act of 2022. The bill would change DC’s current sports betting format to allow for more operators.