Industry News of the Day for September 23, 2021
iDEA Growth in the News:
- Business Journals, 9.22.21: How Can D.C. Fix Its Struggling Sports-betting Industry? Allowing More Sportsbooks Into The Market Is A Growing Possibility. (Jeff Ifrah mentioned / subscription paywall)
- Ending the city-run monopoly on mobile betting could juice revenue numbers, but it won’t come without a price.
iDEA Growth Member News:
- IGB, 9.22.21: Entain Foundation Pledges UNLV Support For Research Initiative
- Entain’s charity division the Entain Foundation US has partnered with the University of Nevada, Las Vegas (UNLV) for a betting and gaming research initiative.
- Play USA, 9.22.21: PlayUSA Rewind: Michael Jordan Increases Investment In Sports Betting Data Company (Sportradar mentioned)
- Football is in full swing both professionally and collegially. But instead of feeding you news about how good or bad your favorite team is, PlayUSA instead has some gambling news to help ease you into week 3.
Overall Industry News:
- Legal Sports Report, 9.23.21: Disney CEO: ESPN Ready To Take ‘Major Steps’ On Sports Betting
- It is no secret that ESPN is kicking the tires on sports betting.
- Bloomberg, 9.23.21: Disney Builds a New Magic Kingdom in Sports Betting (subscription paywall)
- Even the Walt Disney Co., about as family-centric as a Fortune 500 corporation can be, likes sports gambling’s prospects and wants in on the action.
New York:
- Play NY, 9.22.21: NY Senator Addabbo Ready For Online Sports Betting Dream To Become Reality
- New York State Senator Joseph Addabbo Jr. has been a major advocate for legalized online sports betting in his home state.
Ohio:
- Action Network, 9.22.21: Ohio Sports Betting Bill Looks To Regain Momentum
- Ohio sports betting backers are hoping to regain momentum on a long-stalled legalization proposal.
Washington, D.C.:
- Business Journals, 9.22.21: How Can D.C. Fix Its Struggling Sports-betting Industry? Allowing More Sportsbooks Into The Market Is A Growing Possibility. (subscription paywall)
- Ending the city-run monopoly on mobile betting could juice revenue numbers, but it won’t come without a price.
Maryland:
- Legal Sports Report, 9.23.21: Who Is Pushing Maryland Sports Betting Regulators For Uniform Launch?
- Comments on Maryland sports betting regulations were limited to two main topics during a public meeting Wednesday.
- Legal Sports Report, 9.22.21: Maryland Sports Betting Tracking Toward ‘Late Fall’ Launch
- Maryland sports betting continues its “positive momentum” toward a “late fall launch,” according to a top regulator.
Colorado:
- Denver Post, 9.23.21: Sports Betting Raking In Millions More Than Expected For Colorado Water Projects
- Since Colorado launched legalized sports betting in May 2020, the state has collected nearly five times more money for water projects than anticipated, gaming officials said.