Industry News of the Day for September 15, 2023

By iDEA | September 15, 2023

Industry News

  • PlayUSA: Report Says Free Play Is Negatively Impacting The Bottom Line Of Casinos
    • Casino operators use loyalty rewards programs to incentivize customers to return to the property. Some reinvestment offers from casinos can be for hotel rooms, dining, or entertainment. The most popular casino rewards perk to bring gamblers back to the casino is free play. The idea is that a little free play used in a slot machine will translate to more spending by the guest. The main source of revenue from free play can be increased gambling after it runs out.
  • Bloomberg News: MGM And Caesars Hacked By Same Group In Span Of A Few Weeks
    • MGM Resorts International was hacked by the same group of attackers that breached Caesars Entertainment Inc. weeks earlier, according to four people familiar with the matter. The hackers demanded a ransom from MGM, according to two of the people. It wasn’t immediately clear how much ransom was requested or if the hackers deployed ransomware to lock up the company’s files.
  • SBC Americas: Kambi Chats Bally’s Deal, New Investment And One Year Of Shape Games
    • It is now a year since Kambi completed its acquisition of Shape Games, and the pair have enjoyed commercial success across several key markets in the last 12 months as the tech provider continues to grow its presence in the US. Kambi SVP Sales, Sarah Robertson, and Shape Games CCO, Morten Tonnesen, explained the importance of investing in a powerful sportsbook and gaming product in key regulated global markets, particularly as consolidation continues.
  • Tribal Gaming & Hospitality: IGA Mid-Year Conference 2023: Insights And innovations In The Tribal Gaming Community
    • The Indian Gaming Association’s Mid-Year Conference & Expo held at Foxwoods Casino Resort on September 12 to 14, 2023 served as a meeting place for leaders in the Tribal gaming community. This year’s event honored the journey of Foxwoods Casino Resort and how they transformed the industry. Raving CEO Deana Scott shared, “It was a very candid and impactful week of conversation. Council Member Scott’s exercise describing the Tribe’s historic journey left people speechless.”

California

  • PlayUSA: California Tribal Leaders Expect No Sports Betting Initiatives In 2024
    • It’s shaping up to be a quiet election cycle for California sports betting. Speaking at the Indian Gaming Association Mid-Year Conference at Foxwoods Resort Casino in Connecticut, California Nations Indian Gaming Association Chairman James Siva told PlayUSA and that he doesn’t expect California tribes or sports betting operators to file a sports betting initiative for the 2024 election.

Kentucky

  • Legal Sports Report: Kentucky Sports Betting Law Godfather Adam Koenig: An LSR Q+A
    • When in-person Kentucky sports betting launched last week, it signaled the end of a long journey for former Rep. Adam Koenig. The Kentucky legislator first proposed legal sports betting in 2019, only to see it pass this spring when he no longer had a seat in the House. Still, much of the language in the law comes from his proposals, and Koenig was present at ceremonial first bets and regularly cited by key lawmakers in the final push.

Maryland

  • Sports Handle: Maryland Lawmaker Seeks Retail Sports Betting Licensing Growth
    • One Maryland lawmaker wants to see the state’s retail sports betting license application window reopened, according to a report from Maryland Matters. Delegate Jason Buckel voiced his desire for more retail sports betting options across the state when the Maryland Lottery gave a 90-minute presentation Tuesday in front of the House Ways and Means Committee.

North Carolina

Ohio

  • PlayOhio: Prime Sportsbook Launches, Becomes 19th Online Sportsbook In Ohio
    • There’s another online sportsbook available to Ohio bettors. Prime Sports launched an online sportsbook on Wednesday afternoon, available in the Buckeye State. The company partnered with SPIRE Institute Prep Academy in Geneva, allowing it to operate in the state. State regulators also gave Prime the go-ahead to operate a brick-and-mortar sportsbook. However, the company is focusing on its online operations first.
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