Industry News of the Day for September 1, 2022

By iDEA | September 1, 2022

iDEA Growth in the News

  • The Sacramento Bee, 8.31.22 – Missouri Sports Betting: ‘Show Me State’ Keeps Close Eye on Kansas Launch
    • Although most of its neighbors already have – or are about to have – both online sports betting as well as retail sportsbooks, Missouri remains the “Show Me State” in more ways than one. John Pappas, State Advocacy Director for iDEA Growth, is quoted in this story.

iDEA Growth Member News

  • Sports Handle, 9.1.22 – PointsBet, Front Office Sports To Create Sports Betting Newsletter
    • PointsBet has announced a partnership with Front Office Sports in which the pair will produce a sports wagering newsletter that will be emailed to subscribers at least three times per week. Sam Swanell, PointsBet Group CEO, and Edward Hartman, Group Chief Strategy Officer for PointsBet, are quoted in this story.

Industry News

  • SBC Americas, 8.31.22 – TransUnion: Operators must identify distressed bettors better
    • More than half of mobile sports bettors earn high incomes of $100,000 or more, but over three quarters are concerned about their ability to pay current bills and loans in full, according to a survey carried out by TransUnion.

Arizona

  • Legal Sports Report, 8.31.22 – Arizona Sports Betting Takes Significant Dip In June
    • Arizona sports betting turned in an underwhelming month with sports scheduled slogging through June. Arizona sportsbooks reported $319 million in June wagers, according to an Arizona Department of Gaming release Tuesday. Similar to much of the rest of the year, Arizona sports betting handle stayed sixth among US sports betting markets.

California

Kansas

  • KWCH, 9.1.22 – Sports betting launches in Kansas Sept. 1. Here’s what you need to know
    • All bets are on Thursday afternoon when sports wagering becomes legal in Kansas. We put together this quick guide to help you learn more about the process.
  • Sports Handle, 8.31.22 – Here’s Where And How You’ll Be Able To Bet In Kansas Starting Thursday
    • Kansas will in less than 24 hours join 31 other U.S. states that already have some form of sports betting in place. A scheduled launch at noon CT Thursday will make Kansas the second-fastest state behind only Iowa to go from legal to live since PASPA was overturned in 2018. It will also become the third state this year to go live with digital behind New York (1/8/22) and Louisiana (1/28/22). A total of 35 states have legalized sports betting, but Ohio, Maine, and Massachusetts have yet to go live.

Maryland

  • Sports Handle, 8.31.22 – Maryland’s Mobile Wagering Delay Could Cost State Millions
    • If legal mobile sports betting platforms launch in Maryland during the 2022-23 NFL season, it’ll likely be in the postseason, perhaps shortly before the Super Bowl. That means, despite voters legalizing sports betting through a 2020 referendum, another football season could pass without available mobile sportsbooks.

Nevada

  • Legal Sports Report, 8.31.22 – Nevada Sportsbooks Hit $419 Million In Handle In July
    • Nevada sportsbooks posted a 2022 monthly low $419.4 million in sports betting handle in July. Still, that figure, released Tuesday by the Nevada Gaming Control Board, represented a nearly $10 million increase from July 2021 year-over-year ($409.7 million).
  • Play Nevada, 8.31.22 – Our Guide To Finding Nevada Sportsbook Seats
    • Watching football in Las Vegas isn’t as always as easy as sitting down in a sportsbook to watch the games. The simple reason is demand. Las Vegas sportsbooks, bars and restaurants are busiest on Saturday and Sundays with fans and bettors watching the games. Demand for a seat is so great that the most popular venues sometimes require a reservation.

New Jersey

  • NJ Gambling Sites, 9.1.22 – New Jersey’s Revised PILOT Law Sustains Another Loss in Court
    • It hasn’t been a good year in court for New Jersey Governor Steve Murphy or Atlantic City casinos. Last year, the State passed a law making changes to the calculations used for the casinos’ PILOT, or Payment in Lieu of Taxes. The casinos had requested the changes. They argued that unforeseen economic circumstances had made the original calculation unfairly burdensome to certain properties.

New York

Ohio

  • Play Ohio, 8.31.22 – Five Brands That Could Shake Up The Ohio Sports Betting Market
    • New Year’s is a time of reflection, one that allows all to evaluate and start anew. That’s doubly so for many of the companies expecting to hit the ground running when the Ohio sports betting market officially opens at the crack of midnight on Jan. 1, 2023. Bet365 is mentioned in this story.
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