Industry News of the Day for October 29, 2019
iDEA Growth in the News:
- SBC News, 10.28.19 – Chris Murphy: Americas Outlook – No Drama Just Business As US Systems Are Go [J. Ifrah mentioned as iDEA Growth founder]
- As US betting approaches the final straight of its first full year in operations, SBC Americas’ Editor Chris Murphy details that coast-to-coast all critical stakeholders appear to be playing their part in progressing US betting’s agenda – ‘No drama, just business’ the US really is a new territory for gambling.
- Springfield News-Sun, 10.27.19 – Ohio Moves Closer To Legalizing Sports Betting, But Who Would Regulate It? [J. Ifrah mentioned as iDEA Growth spokesman; re-published from Dayton Daily News]
- Advocates are hoping that gambling on sporting events in Ohio will soon become legal, but exactly when and how people will be able to place wagers and on what teams is still up for debate at the Statehouse.
- Journal-News, 10.27.19 – Ohio Moves Closer To Legalizing Sports Betting, But Who Would Regulate It? [J. Ifrah mentioned as iDEA Growth spokesman; re-published from Dayton Daily News]
- Advocates are hoping that gambling on sporting events in Ohio will soon become legal, but exactly when and how people will be able to place wagers and on what teams is still up for debate at the Statehouse.
iDEA Growth Member News:
- Online Poker Report, 10.28.19 – With Flutter Deal, Evolution Expands Live Dealer Online Gambling Empire In The US [The Stars Group, GVC, 888, Unibet]
- The Swedish company, Evolution Gaming, has become the global leader in live dealer online gaming. In the US, its position is one of utter dominance.
- Play Pennsylvania, 10.28.19 – FanDuel Has A New Deal With The Steelers, But For Fantasy, Not Sports Betting [DraftKings]
- In a press release Friday, FanDuel announced an exclusive partnership with the NFL’s Pittsburgh Steelers. That agreement makes FanDuel the official daily fantasy partner of the team.
Industry News:
- Gambling Compliance, 10.29.19 – Key Players Split On Prevalence Of U.S. In-Play Sports Betting [subscription paywall]
- Many in the gaming industry have cited in-play betting as one of the most appealing aspects of the future of sports betting, but some key players in the industry differ on how much of a foothold the offering has in the present day.
- Legal Sports Report, 10.28.19 – Sportsbook PointsBet Raising $80 Million To Fuel US Sports Betting Expansion
- PointsBet is making it clear it plans to be a force in the US sports betting industry after announcing plans Monday to raise more than $80 million to fund expansion.
- Legal Sports Report, 10.28.19 – Yahoo Teams With MGM For Sports Betting: What You Need To Know
- Many who follow the sports media and sports betting industries expected that Yahoo would get involved sooner or later.
- US Bets, 10.28.19 – The Impact Of Google Lifting Its Online Gaming Ad Ban
- Valued at $309 billion, Google has a power that is unmistakable. So when the third-biggest brand in the world — just a few rounding errors behind Amazon and Apple — updates its advertising policy, the effects, both those massive and immediate and those of the ripple variety, are profound.
Ohio:
- Cincinnati Business Courier, 10.28.19 – Competing Bills Could Determine Future Of Sports Betting In Ohio
- Two bills are awaiting votes in Ohio’s Legislature that could determine how sports betting becomes legalized in the state.
Montana:
- Sports Handle, 10.29.19 – Investment Group Threatens Lawsuit Over Sports Betting Rules In Montana
- With live sports betting by the end of 2019 still squarely in its sites, the Montana Lottery on Monday heard from a handful of stakeholders at a public hearing about its sports betting regulations — and at least one threatened a lawsuit if the rules aren’t revised. The written public-comment period ends on Nov. 4.
- KXLH, 10.28.19 – Montana Lottery Takes Public Comment On Draft Sports Betting Rules
- On Monday morning, the Montana Lottery gave the public a chance to give their input on proposed rules to bring legalized sports betting to the state. The lottery held a public hearing at their headquarters in Helena.
- Helena Independent Record, 10.28.19 – Group Criticizes Lottery Rule On Allowing Sports Betting In Taverns Only
- Few people weighed in Monday on new rules the Montana Lottery has proposed to implement sports betting, which is newly legal in the state.
Michigan:
- Legal Sports Report, 10.28.19 – Newest Michigan Sports Betting Bill Gives US Pro Leagues What They Want: Official Data
- Use of official league data for in-game wagers switches from a regulatory option to a legislative mandate in the latest draft of the Michigan sports betting bill.
- The Detroit News, 10.28.19 – House Chair Ready To Throw Dice On Online Gaming, Sports Betting Bills
- A key state House committee chairman plans to push for the legalization of online gaming and sports betting in Michigan after negotiating higher-than-proposed tax rates and other issues with vendors, operators and sports leagues.
- WSN, 10.29.19 – House Committee Chairman Proposes Michigan Sports Betting Plan
- With the hope of getting legislation passed by the end of the year, state Rep. Brandt Iden, a Republican from Oshtemo Township, has proposed a sweeping plan that would legalize sports betting in Michigan.
Wisconsin:
- WSAU, 10.28.19 – Sports Betting Unlikely In Wisconsin
- Neighboring states are jumping on it, but you won’t be placing any wagers on your favorite teams any time soon in Wisconsin.
Iowa:
- Play IA, 10.28.19 – Iowa’s First Full Month Of Legal Sports Betting Shows Potential
- The numbers on the first full month of legal wagering on sporting events in the Hawkeye State are in. While the September Iowa sports betting revenue report shows solid numbers, there is potential for so much more.
Colorado:
- Colorado Politics, 10.28.19 – Colorado State Sen. Jerry Sonnenberg Weighs In On Proposition DD – And He’s A ‘No’
- Republican state Sen. Jerry Sonnenberg of Sterling, one of the state Capitol’s most knowledgeable lawmakers on water, announced Monday he will be a “no” vote on Proposition DD.