Industry News of the Day for October 7, 2022
iDEA Growth Member News
- Matthew Waters for Legal Sports Report: ESPN To Enter Exclusive Sports Betting Deal With DraftKings
- DraftKings may have just landed a dance with the prettiest partner left on the US sports betting floor in Walt Disney Co.‘s ESPN. The two agreed to a “large new partnership,” according to a Thursday report from Bloomberg. There are no details about what a DraftKings-ESPN partnership might include. There have been mixed messages recently about what ESPN’s jump into sports betting might actually look like.
- Matt Rybaltowski for SportsHandle: DraftKings Shares Jump In Response To Rumors Of ESPN Sports Betting Deal
- DraftKings shares jumped 5% in pre-market trading on Friday after reports surfaced that the sports betting operator is close to landing a substantial exclusive partnership with ESPN.
- Katarina Vojvodic for PlayUSA: PointsBet, 1/ST Technology Set To Create Horse Racing Wagering Platform
- PointsBet USA announced a partnership agreement with 1/ST TECHNOLOGY, a business division of The Stronach Group, North America’s dominant thoroughbred horse racing company. More specifically, The Stronach Group partnered with PointsBet USA’s subsidiary, the Premier Turf Club.
- Conor Porter for SBCAmericas: AGA appoints Maureen Beddis as SVP of Membership and Events
- The American Gaming Association (AGA) has added to its executive team, appointing Maureen Beddis as its new Senior Vice President of Membership and Events. Beginning her new role on October 31, Beddis will lead the AGA’s member relations, business development and events, including the Global Gaming Expo (G2E).
- John Holden for Legal Sports Report: Opinion: Florida Sports Betting Plaintiff Files Powerful Brief In Compact Appeal
- Three days after the federal government filed its answer to the Seminole Tribe of Florida‘s appeal in the litigation over the 2021 gaming compact that temporarily brought sports betting to Florida, West Flagler Associates, the plaintiff in the case and appellee, filed its answering brief to both the federal government’s appeal and the tribe’s appeal.
- Hill Kerby for PlayFL: Under Hard Rock Brand, Seminole Tribe Seeks Mobile Sports Betting License In Illinois
- Sportsbooks are lining up to serve Illinois players. Add Hard Rock Sportsbook to that list, which filed for a mobile sports betting license on Aug. 23. Hard Rock International is the corporate umbrella of the Seminole Tribe of Florida. The company owns six Seminole casinos in Florida and another 37 Hard Rock-branded properties worldwide. The non-Florida facilities include casinos, hotels and full-fledged casino resorts.
- Cheryle Coward for PlayMA: Tentative Launch Date For Massachusetts Sports Betting Announced
- On Thursday afternoon, state officials announced a tentative timeline for the launch of sports betting in Massachusetts. The tentative start of mobile betting could come in February 2023. In addition, the three retail casinos already operating in the state could begin offering retail sportsbooks sometime in January, per the provisional timeline revealed today.
- Grant Lucas for PlayNY: NY Sports Betting Posts 7th Month Of $1 Billion In Handle
- Online sports betting in New York topped $1 billion in monthly handle for the seventh time since launching in January. With football back in full swing, NY sports betting apps generated over $1.2 billion in bets during the month of September, according to data released by the New York State Gaming Commission.
- Russ Mitchell for PlayVirginia: Virginia Online Lottery Wins Cross $2 Billion Threshold
- Virginia online casino games aren’t a legal option yet, but customer spending suggests Virginians are clearly comfortable with online risks and rewards. The Virginia Lottery just confirmed that state online lottery wins passed the lifetime $2 billion mark.