Industry News of the Day for October 3, 2019
iDEA Growth Member News:
- Bloomberg, 10.2.19 – Newly Crowned Online-Gambling King Takes On U.S. With Two Brands [The Stars Group]
- The world’s biggest online-gambling company will approach the rapidly growing U.S. sports-betting market with two major brands: FanDuel and Fox Bet.
- Reuters, 10.2.19 – Paddy Power And Poker Stars Owners To Create Online Gambling Leader
- The owner of Paddy Power Betfair has agreed to buy the company behind Poker Stars in a $6 billion share deal to create the world’s largest online betting and gambling company by revenue, seeking to take advantage of the opening up of U.S. markets.
- NJ Online Gambling, 10.3.19 – Gaming Company 888 Sees Partnership With NY Jets As A Good Bet
- The Dallas Cowboys, and, more recently, the Green Bay Packers have signed partnerships with native American casinos, and the Oakland Raiders have a deal with Caesars Entertainment as they get closer to their move to Las Vegas. But the New York Jets last week extended a partnership with 888 Holdings that company executive Yaniv Sherman said is a bit different.
- Legal Sports Report, 10.2.19 – DraftKings Sportsbook Gets OK To Take Online Bets In Indiana Tomorrow
- DraftKings Sportsbook received last-minute approval Wednesday for a next-day launch of online sports betting in Indiana.
- Associated Press, 10.2.19 – DraftKings Ready For Pennsylvania Online Sports Betting
- Regulators in Pennsylvania approved a sports wagering license for a casino near Pittsburgh, providing a platform for DraftKings to finally enter the state’s online sports betting market.
- Boston Business Journal, 10.2.19 – DraftKings Expanding Boston HQ As Legal Sports Betting Spreads To Other States
- Boston-based online fantasy sports betting company DraftKings plans to expand its Back Bay headquarters by another 20,000 square feet, after moving into a 105,000-square-foot office there in March.
- The Philadelphia Inquirer, 10.2.19 – DraftKings Aims To Play In Pennsylvania’s Booming Online Sports-Betting Market [DraftKings, Kambi]
- State regulators on Wednesday approved a sports-wagering license for a casino near Pittsburgh, providing a platform for DraftKings, the fantasy sports giant, to finally enter Pennsylvania’s booming online sports-betting market.
Pennsylvania:
- Play Pennsylvania, 10.2.19 – No Definitive PA Poker Timeline Yet, According To Latest From PGCB
- Online poker is closer to coming to Pennsylvania. Allegedly.
Illinois:
- Betting USA, 10.2.19 – Illinois Has A Second Chance To Fix An Imperfect Sports Betting Law
- Legal sports gambling in the Midwest is beginning to take root. The recent launches in Indiana and Iowa are proving there is a strong sports culture in the middle of the country and that Midwesterners like to put their money where their passion is.
- Chicago Sun-Times, 10.2.19 – Chicago’s Pro Teams To Illinois Gambling Board: Sports Betting Fees Should Come With Protection
- State regulators need to tighten rules to fend off “faux” competitors if Chicago’s professional sports teams are expected to fork over a whopping $10 million apiece for licenses to open sportsbooks at or near their stadiums.
Washington, D.C.:
- Online Poker Report, 10.2.19 – Lawsuit Over Lottery Contract Threatens To Derail DC Sports Betting Plans
- A lawsuit filed last week has the potential to delay online sports betting in Washington, D.C. indefinitely.
Michigan:
- Sports Handle, 10.2.19 – New Michigan Draft Bill Lets Sports Betting Stand On Its Own
- In mid-September, Michigan lawmakers decided to put sports betting on hold until the state legislature got its budget squared away.
- Legal Sports Report, 10.2.19 – How Michigan Sports Betting Could Get Done: By Cutting Out Online Casino
- A Michigan lawmaker is setting sports betting free from online casino gambling.
- M Live, 10.3.19 – Mobile Sports Betting Available In Indiana; Michigan Drags Its Feet
- Sometime today, sports bettors in Indiana will be able to make a wager from the convenience of their cell phone. Meanwhile in Michigan, the wait continues as the lawmakers work to get something approved by the governor.
Missouri:
- Gambling Compliance, 10.3.19 – Illegal Machines Fuel Debate On Missouri VLTs
- The chairman of a committee debating the future of gambling in Missouri has said the massive spread of alleged illegal slot machines across the state leaves lawmakers wondering whether to regulate convenience gaming devices
Indiana:
- Associated Press, 10.2.19 – Mobile Sports Betting Set To Start In Indiana On Thursday
- Sports betting is ready to go legally online in Indiana on Thursday, a little more than a month after the state’s casinos started taking game wagers.
New Hampshire:
- Concord Monitor, 10.2.19 – Franklin Voters Say Yes To Sports Betting, But Not Without Some Confusion
- Franklin became the first city in New Hampshire to authorize in-person sports betting Tuesday, months after the activity was first legalized.
Sports League News:
- Legal Sports Report, 10.3.19 – A Sportsbook Will Go Inside A US Arena, As Wizards, Capitals Partner With William Hill
- A sportsbook will appear inside a professional sports venue for the first time in the United States, thanks to a new deal struck on Thursday.
- Sports Handle, 10.3.19 – William Hill Becomes An Authorized Sports Betting Operator Of The NBA
- Less than a month before the start of the NBA regular season, William Hill US announced on Wednesday that it has entered into a partnership with the NBA to become an authorized sports betting operator of the league.