Industry News of the Day for September 12, 2023

Industry News

  • AP News: DraftKings Apologizes For Sports Betting Offer Referencing 9/11 Terror Attacks
    • Sports betting company DraftKings apologized Monday after using the Sept. 11, 2001, terror attacks to entice people to bet on baseball and football games on the anniversary of the tragedy that killed nearly 3,000 people. The Boston-based company offered users a 9/11-themed promotion that required three New York-based teams — the Yankees, Mets and Jets — to win their games Monday, the 22nd anniversary of the attacks on the World Trade Center and Pentagon and the downing of a passenger jet in a field in Pennsylvania.
  • CBS News: “Cybersecurity Issue” Forces Shutdown Of Computer Systems At MGM Hotels, Casinos
    • Computer systems owned by MGM Resorts International are down Monday following what the company described as a “cybersecurity issue” at its casinos and hotels. The incident began Sunday and impacted reservation systems and casino floors in Las Vegas as well as Maryland, Massachusetts, Michigan, Mississippi, New Jersey, New York and Ohio, MGM said.
  • SBC Americas: Trustly Launches Player Insights Report For Football Season
    • As sports betting continues to legalize across the US, operators want to know more about their players through actionable data that can help them understand how to best serve them on their platforms. The best way for operators to learn more about their players is by examining the interactions between players and their payments ecosystem. Overall, payments are an extremely important facet of the player experience, so learning more about payment trends from last year’s season is valuable.


  • PlayUSA: West Flagler Associates Left With Supreme Court Appeal As Only Lifeline For Florida Sports Betting Challenge
    • The controversy over the legality of a gaming compact allowing for legal online sports betting in Florida could be headed to the US Supreme Court. Perhaps more important for Floridians, however, is the possibility wagering could restart soon. In about a week’s time, Floridians should know whether the Seminole Tribe plans to resume taking bets via its online Hard Rock Bets platform in their state or not. That might not be the last word on the matter, though.


  • Shrinking Small Business VGT Revenue Means Bad News For IL iGaming Legalization Chances
    • Illinois has over 45,000 video gaming terminals (VGTs), far more than any other state. The machines are in over 8,200 locations, including restaurants, bars, truck stops, and other small businesses. And while VGT revenue is growing, so is the number of sites. That is oversaturating the market and causing many locations to start seeing a decline in VGT income. VGTs resemble slot machines and are simple in design. That simplicity and vast availability make them very popular in Illinois.


  • Sports Handle: Maryland Bettors Finally Knock Hold Under 10% In August
    • Maryland Lottery and Gaming reported an overall sportsbook hold of 9.4% in August, marking the first time this year bettors in the state kept it below 10%. It was the first time the statewide hold was single digits in the 10 months since mobile wagering launched in the Old Line State, with the previous mobile low being 10.6% in June. It was also the third time in 21 months of overall betting Maryland sportsbooks failed to collectively post a 10% hold, having also fallen short in February 2022 (3.7%) and June 2022 (6.9%).


  • PlayMichigan: PointsBet, A Fanatics Experience Online Casino Has Arrived In Michigan
    • It’s not quite a Fanatics launch, but Michigan is now having A Fanatics Experience. On Sept. 1, Fanatics announced it would be branding PointsBet to “PointsBet, a Fanatics Experience” in seven states prior to the start of the NFL season. Michigan was not part of those seven states. However, as of Monday, you can find that same branding on PointsBet Sportsbook MI and PointsBet Casino MI.


  • PlayPennsylvania: BetMGM Behind FanDuel And DraftKings In Pennsylvania Online Casino Downloads
    • The start of the NFL season not only sparks increased play on sportsbooks, Pennsylvania online casinos also see an uptick in activity. Over the past two years, online casino revenue has increased at least 6% from August to September. Eilers & Krejcik Gaming, authors of the The EKG Line newsletter, tracked the amount of online casino downloads during the month of August as the NFL prepared for the start of the regular season in early September.