Industry News of the Day for September 17, 2019

iDEA Growth Member News:

• Legal Sports Report, 9.16.19 – What Happened To Daily Fantasy Sports In Iowa? DraftKings, FanDuel Still Shut Out
  • Iowans can place a sports wager from their mobile phones but still can’t put together a daily fantasy sports team.
• Online Poker Report, 9.16.19 – Worried About Bots, Morgan Stanley Downgrades Online Poker Outlook [The Stars Group, GVC Holdings, 888 Holdings]
  • International investment firm Morgan Stanley downgraded price targets for a trio of poker-related stocks this week. The reason? According to analysts, the industry faces a long-term threat from superhuman, poker-playing, artificial intelligence.
• Gambling Compliance, 9.17.19 – Fox Bet Focuses On Familiar Free-To-Play Model For NFL Broadcasts [subscription paywall]
  • Although the Fox Bet brand is unlikely to receive much exposure on National Football League (NFL) broadcasts in the near future, The Stars Group (TSG) will continue to integrate its “Fox Sports Super 6” free-to-play game into league broadcasts, Fox Bet CEO Robin Chhabra told Gambling Compliance.
• NJ Gambling Sites, 9.16.19 – Unibet Makes A Marketing Deal With The New Jersey Devils
  • The Unibet NJ sports betting app launched in New Jersey last week. The brand is wasting little time trying to magnify its presence.
• PlayWV, 9.16.19 – Make Some Room: Pointsbet Prepares To Launch A West Virginia Sports Betting App
  • With two betting apps live in West Virginia, bettors may soon have a third mobile sports betting option. PointsBet, an Australian Company is currently live in New Jersey, is hoping to launch before the end of the football season.

Industry News:

• Play Pennsylvania, 9.16.19 – Apple Gives Online Gaming Apps Six More Months To Get 100% IOS
  • Back in June, Apple released new guidelines for publishers of gambling apps. Namely, gambling apps can no longer repackage their websites through HTML5 technologies and be approved in the App Store.

New York:

• Legal Sports Report, 9.16.19 – Why The Odds On Legalizing NY Online Sports Betting In 2020 Just Got Worse
  • It appears the journey towards online sports betting in New York just became a bit more treacherous.

Kentucky:

• Sports Handle, 9.16.19 – Sports Betting A Better Bet In Kentucky In 2020
  • Kentucky lawmakers haven’t found a way to legalize sports betting since the Professional and Amateur Sports Protection Act was struck down by the Supreme Court in May 2018. It hasn’t been for lack of trying.

Michigan:

• Michigan Radio, 9.16.19 – Sports Betting Bills Scheduled To See Movement This Week
  • Plans to make Michigan a sports betting state are moving through the state Legislature. A package of bills is scheduled to be voted out of a House committee Tuesday.

New Jersey:

• NJBIZ, 9.16.19 – Just How Much Money Is The State Making From Sports Betting?
  • The sports betting market has been a boon to New Jersey’s gaming industry, especially in Atlantic City where gambling profits and tax revenue were in a long decline, a slump accelerated in the past decade by the Great Recession and the introduction of casinos in Delaware, Pennsylvania and New York.

Pennsylvania:

• Legal Sports Report, 9.16.19 – Pennsylvania Sports Betting Handle Crosses $100 Million In August; FanDuel Already Leads
  • If New Jersey is going to hold onto its sports betting crown in the east, it’s going to have to stave off a serious challenge from Pennsylvania.
• The Philadelphia Inquirer, 9.16.19 – Pennsylvania Sports Betting, Led By Newcomer FanDuel, Surges 84% In August
  • Pennsylvania bettors wagered a record $109 million on sports in August, up 84% from July, according to data released Monday by the Pennsylvania Gaming Control Board.
• Play Pennsylvania, 9.16.19 – Online Casinos Outearn PA Online Sportsbooks With $3.4 Million In July Revenue
  • So far, Pennsylvania online casinos probably are not getting the attention they deserve. Since launching July 15, the trio of sites shouldered criticism about the lack of Apple and iPhone options, small game libraries, and the absence of major table games.

Georgia:

• Georgia State Signal, 9.17.19 – Will Sports Betting Play A New Role At Georgia State?
  • On Oct. 5, the Georgia House of Representatives introduced House Bill 570, better known as the Georgia Sports Betting Act. This, combined with House Resolution 380, which allows betting, is set to change the sports world in Georgia.

Colorado:

• The Colorado Sun, 9.17.19 – DD Explained: What Sports Gambling Would Mean In Colorado And How Much (Or Little) It Would Generate
  • Voters will be asked in November to make Colorado the 20th state with legal sports betting — and, policymakers hope, generate a small pot of new tax revenue in the process.

Illinois:

• Journal Courier, 9.17.19 – State Supreme Court Bringing Sports Bets, Social Media Access Cases To Region
  • Almost 1,000 people will get a chance to see the state’s highest court in action Wednesday when the Illinois Supreme Court hears oral arguments on two cases at Lewis and Clark Community College.

Iowa:

• Radio Iowa, 9.16.19 – Only 42% Of Sports Betting Was On Mobile Devices In First Weeks
  • The information from the first couple of weeks of sports betting in Iowa shows a little more than $8.5 million was wagered.