Industry News of the Day for September 20, 2022

By iDEA | September 20, 2022

iDEA Growth Member News

  • SBC Americas, 9.20.22 – FanDuel becomes official sportsbook partner of The GIST
    • FanDuel has renewed its partnership with sports media company The GIST to become its official sportsbook partner, a deal that includes a sports betting educational program. Amy Howe, CEO of FanDuel Group, is quoted in this story.
  • SBC Americas, 9.20.22 – Optimove seals CRM marketing partnership with bet365
    • Optimove has agreed to a partnership with bet365, where it will supply its CRM marketing solution to the online sports betting brand. Utilizing AI-mapped CRM journeys, Optimove will help bet365 boost its CRM marketing campaigns to “scale and manage hundreds of player segments, orchestrate real-time and scheduled multichannel campaigns, and measure the incremental value of each player interaction.” Alex Sefton, Chief Marketing Officer at bet365, is quoted in this story.
  • SBC Americas, 9.19.22 – Chalkline partners with Digital Gaming Corporation
    • Chalkline has partnered with the Digital Gaming Corporation (DGC) to grow the digital free-to-play prediction game offerings for the operator Betway in the US. Bruce Watermeyer, Executive Vice President of North America Operations of DGC, is quoted in this story.
  • US Gaming Review, 9.19.22 – Wire Act Expansion “Dead and Buried” After IGT Wins Lawsuit
    • A federal district court judge handed IGT and the gaming industry a victory Thursday after ruling that the federal Wire Act applies only to “bets or wagers on any sporting event or contest.” Jeff Ifrah of Ifrah Law is quoted in this story.

California

Connecticut

  • US Bets, 9.19.22 – Connecticut Sportsbooks Rout Public In August
    • Connecticut‘s three mobile sportsbooks — FanDuel, DraftKings, and Play SugarHouse — all posted double-digit win rates for August and furthered the nationwide trend of the house dealing bettors big losses for the month.

Illinois

Indiana

Massachusetts

Michigan

  • MI Bets, 9.20.22 – Michigan’s Online Casinos Post Third-Best Month In August
    • After a July bump, Michigan’s online casino players said “hold my beer” and presented the operators with $130.9 million in gross receipts, according to figures released Tuesday by the Michigan Gaming Control Board.
  • Michigan Sharp, 9.19.22 – How Many Casinos are in Michigan?
    • Michigan may be known for its great lakes (it is called the Great Lakes State, after all), but it’s also become a hub for gambling in all forms. In fact, Michigan has 38 casinos available to all adults (18 to 21 depending on the property), including out-of-towners. This is because Michigan has a host of brick-and-mortar casinos as well as a hefty stable of online casinos that boost its total casino count.

Minnesota

  • Sports Handle, 9.19.22 – Minnesotans Aren’t All-In On Sports Betting
    • Minnesotans are not all-in when it comes to legal sports betting, according to results of a Minnesota Public Radio News/Star Tribune/KARE 11 poll released Sunday. About 48% of those polled favor legal wagering while 33% don’t and 19% are undecided.

Missouri

  • Sports Handle, 9.20.22 – Governor Puts Kibosh On Missouri Sports Betting For 2022
    • Missouri Gov. Mike Parson ended all hopes for legal wagering in 2022 Monday when he announced that sports betting could not be voted on during a series of special sessions he called. In Missouri, a governor who calls a special session can dictate what topics will be discussed, and Parson never had legal sports betting in mind when he called the sessions to hammer out tax issues.

New Jersey

  • iGB, 9.20.22 – New Jersey gambling revenue reaches $470.7m in August as betting margins improve
    • Gambling revenue in the US state of New Jersey increased 10.1% year-on-year to $470.7m in August following growth across all market sectors, despite a decline in betting handle. Revenue for the month was comfortably ahead of $427.7m in August of last year, but 2.1% lower than $480.7m in July of this year.

Ohio

Pennsylvania

  • iGB, 9.20.22 – Betting and igaming drive Pennsylvania revenue growth in August
    • The Pennsylvania Gaming Control Board (PGCB) reported a year-on-year rise in revenue in August following growth across the state’s sports betting and igaming markets. Revenue for the month amounted to $425.4m, up 4.2% from $408.1m in August last year, but marginally (0.9%) lower than $429.1m in July this year.
  • Penn Bets, 9.19.22 – PA Sportsbooks And Online Casinos Saw Revenue Boost In August
    • Pennsylvania’s iCasino industry rebounded nicely in August and sportsbooks in the state had a strong month against bettors, even without a whole lot of additional action from them.
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