Industry News of the Day for September 16, 2019

Industry News:

• Sports Handle, 9.13.19 – Get A Grip: The Week In Sports Betting: Montana Delay, Rhode Island Moves Ahead
  • Here’s the weekend Sports Handle item, “Get a Grip,” recapping the week’s top stories and rounding up key stories in sports betting, gaming, and the world of sports at large.
• Law 360, 9.13.19 – How Online Wagers Are Shaping States’ Sports Betting Regs [subscription paywall]
  • There was a time when, if you weren’t in Las Vegas and you wanted to put some money down on a football game, you needed to talk to a bookie.

New Jersey:

• NJBIZ, 9.13.19 – NJ Casino Revenue Grows 13 Percent In First Year Of Online Sports Betting
  • Patrons wagered over $293 million in New Jersey’s sportsbooks in August, helping mark a 13 percent increase in casino profits compared to August 2018 when the state first rolled out mobile and online sports betting.
• NJ Online Gambling, 9.13.19 – New Jersey Online Poker Declines after June-July Uptick
  • New Jersey’s online poker market is back on the decline. According to the state Division of Gaming Enforcement, the three online poker operators generated $1.7 mm in revenue during August, down 5.9% year-over-year.

West Virginia:

• AP News, 9.12.19 – Mobile Sports Betting Gets Slow Start In West Virginia
  • Early reports from the West Virginia Lottery Commission show a slow start to mobile sports betting in the state, with the apps earning less than 4% of what three on-site sportsbooks garnered.

Illinois:

• The State Journal-Register, 9.13.19 – State Revenue From Casinos Continues To Drop As Illinois Prepares For Massive Gambling Expansion
  • As Illinois embarks on a massive gambling expansion of up to six new casinos and the addition of slot machines and table games at horse tracks, revenue from the state’s 10 existing casinos last year dropped more than 3%, continuing a decadelong slide.

Indiana:

• The Purdue Exponent, 9.13.19 – Board Of Trustees To Consider Sports Betting Restriction
  • In a statement released Thursday night, Purdue President Mitch Daniels announced the Board of Trustees would consider a policy restricting sports betting on campus at their next meeting.

Iowa:

• Legal Sports Report, 9.13.19 – The First Iowa Sports Betting Numbers Are Out: What We Learned
  • Iowa casinos are already reaping the benefits of their newly regulated sports betting operations.
• The Gazette, 9.13.19 – Iowans Lay Down $8.6 Million In First Weeks Of Sports Betting
  • Iowans placed $8.6 million in bets during the two weeks in August that the state’s new legalized sports gambling law was in effect.
• PlayIA, 9.15.19 – July Iowa Casino Revenues Are The Calm Before Sports Betting’s Storm
  • The 2019 college football season has arrived. This year the Cyclones, Hawkeyes and Panthers appearing on the gridiron comes with a new twist that makes the July Iowa casino revenue numbers more relevant.

Kentucky:

• Gambling Compliance, 9.16.19 – Kentucky Democratic Candidate Calls For Legalizing Casinos, Sports Betting [subscription paywall]
  • Kentucky might be one of ten states without a commercial or tribal casino, but Democratic gubernatorial candidate Andy Beshear wants to change that and has unveiled his plan to expand gaming beyond horseracing and historical racing machines to include casinos, sports betting, and potentially, online poker.

Rhode Island:

• Providence Journal, 9.13.19 – Plaintiff Lost Money On Patriots, Sues State Again To Stop Sports Gambling
  • Onetime Republican Providence mayoral candidate Dr. Daniel Harrop says he lost a previously undisclosed bet on the New England Patriots last year, giving him standing to relaunch the constitutional challenge to Rhode Island sports betting that a judge ruled to dismiss earlier in the week.

Sports League News:

• PlayUSA, 9.13.19 – MLB Is Getting In The Lottery Game & Here Are The Latest Details
  • After years of fighting against state-sanctioned sports betting, Major League Baseball has decided to dive into the gambling world on its own.
• AP News, 9.13.19 – NFL At 100: League Is All In On The Action Of Sports Betting
  • When Roxy Roxborough set the lines for the big Las Vegas sports books in the ’80s and ’90s, he was also working behind the scenes to help the head of the NFL’s security team keep a close eye on point spreads that moved suddenly for suspicious reasons.

iDEA Growth Member News:

• Online Poker Report, 9.13.19 – DraftKings Casino Brings Innovation To New Jersey Online Gambling Industry
  • DraftKings might be known to its customers and the general public as a sports brand, but it’s put a lot of work into its casino product this year.
• AP News, 9.13.19 – New Jersey To Allow Golden Nugget To Take Most NBA Bets
  • New Jersey’s governor has signed a bill allowing Atlantic City’s Golden Nugget casino to accept bets on most National Basketball Association games.