Industry News of the Day for September 24, 2020

iDEA Growth Power Lunch Summit:

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iDEA Growth Member News:

• Sports Handle, 9.23.20 – Tennessee Grants 3 National Operators Conditional Sports Betting Approval
  • BetMGM, DraftKings and FanDuel got conditional approval for sports betting in Tennessee Wednesday during a Special Meeting of the Sports Wagering Committee.
• Legal Sports Report, 9.24.20 – Big Names Get First Tennessee Sports Betting Licenses
  • Tennessee finally licensed its first three sports betting operators as it plans for a Nov. 1 launch.
• Axios, 9.24.20 – Targeting A New Generation Of Bettors
  • As sports betting comes out of the shadows and the pool of potential bettors increases, companies are experimenting with ways to target general sports fans.
• Legal Sports Report, 9.24.20 – DraftKings Sportsbook Becomes Official Partner Of Colorado Rockies
  • DraftKings Sportsbook wants to make sure it is well known in the already booming Colorado sports betting market.
• SBC Americas, 9.24.20 – Sportradar Agrees Sports Data And MTS Deal With Mississippi’s Pearl River Resort
  • Sportradar has continued to grow its network of partnerships across the US after confirming a new comprehensive sports betting partnership with Pearl River Resort.

Industry News:

• PlayUSA, 9.23.20 – PlayUSA Rewind: Illinois Extends Online Betting Registration Period Again
  • Election season is in full swing. And while the all-important race for presidency obviously overshadows all else, several states could be in the home stretch of legalizing sports betting in November.

Michigan:

• Sports Handle, 9.23.20 – Michigan Moves Closer To Mobile Sports Betting Launch After Key Public-Comments Hearing
  • Mobile sports wagering and iGaming took center stage at a Michigan Gaming Control Board public hearing Wednesday as regulators moved closer to setting a targeted launch date that would allow for internet sports betting across the Wolverine State.
• PlayMichigan, 9.23.20 – Other Than Moving Too Slowly, No Public Complaints About Online Gambling Regs
  • With the finish line in sight, no surprises or new developments is a welcome sign for Michigan online gambling.
• Gaming Intelligence, 9.24.20 – Michigan Set To Adopt Final Rules For Online Gaming And Sports Betting (subscription paywall)
  • The Michigan Gaming Control Board (MGCB) is on track to approve its first online gaming and sports betting licensees following a public hearing Wednesday on the proposed rules for the new activities.
• iGB North America, 9.24.20 – MI Gaming Control Board Submits iGaming Rules For Review
  • The Michigan Gaming Control Board has held a meeting on proposed sports betting regulations for the state, following a public consultation on the rules.
• PlayMichigan, 9.24.20 – William Hill Launches Betting In MI With Grand Traverse Band
  • William Hill has launched sports betting operations in Michigan at Turtle Creek Casino & Hotel in the town of Williamsburg and at a satellite location at Leelanau Sands Casino.

Colorado:

• Legal Sports Report, 9.23.20 – Colorado Sports Betting Still Feeling The Table Tennis Love
  • The Colorado sports betting market hit an important milestone in just its fourth month, with a big boost from an old friend.
• The Denver Post, 9.23.20 – Legal Sports Betting Jumps 117% In Colorado In August Compared To July
  • Legal Colorado sports betting wagers made a huge increase — 117% — in August, the fourth month of legalization, according to the Colorado Department of Revenue’s Division of Gaming.
• PlayColorado, 9.23.20 – Colorado Sports Betting Handle In August Reveals Table Tennis Still On Table
  • There was no doubt the return of major US sports would impact the Colorado sports betting market.
• Gaming Intelligence, 9.24.20 – Online Dominates Colorado Sports Betting Market In August (subscription paywall)
  • Colorado’s regulated sports betting market recorded strong growth as wagers reach $128.6m in August, the fourth full month of operations.

California:

• PlayCA, 9.23.20 – ‘Pent-Up’ Gamblers Flock To Outdoor California Cardrooms, Revenues Spike
  • More California cardrooms are reopening as coronavirus conditions continue to improve in counties throughout the Golden State.

Illinois:

• PlayIllinois, 8.23.20 – Why Illinois Sportsbooks Can’t Take Bets On Illinois, Northwestern Football
  • The Big Ten is going to try to have a fall football season after all. Legal sportsbooks in Illinois are still limited in college sports betting, however.

Nevada:

• Gambling Compliance, 9.24.20 – Nevada Gaming Industry Facing Long Road To Recovery (subscription paywall)
  • It will continue to take some time for the Las Vegas gaming industry to recover from the economic devastation caused by the coronavirus pandemic, according to economists and industry analysts.