Industry News of the Day for September 6, 2022
iDEA Growth in the News
- The Kansas City Star, 9.2.22 – How many Missourians tried to gamble in Kansas on first day of legal sports betting?
- Interest in sports betting on the first day it was legal in the state of Kansas was huge, according to numbers released Friday. More than 522,000 geolocation checks were approved within the first eight hours of the launch of legalized sports betting in Kansas, according to GeoComply Solutions Inc., which supports all of the mobile sportsbooks in the state. John Pappas, State Advocacy Director for iDEA Growth, is quoted in this story as a spokesperson for GeoComply Solutions.
iDEA Growth Member News
- SBC Americas, 9.6.22 – Light & Wonder partners with White Hat Studios for aggregation in Michigan
- Light & Wonder has signed a deal with White Hat Studios to take the provider’s content live in Michigan via its OpenGaming platform. The integration means that operators utilizing OpenGaming in Michigan can now offer White Hat games, which have a track record of popularity in the UK and Europe. Steve Mayes, Partnership Director at Light & Wonder, and Andy Whitworth, CEO of White Hat Studios, are quoted in this story.
Industry News
- The Washington Post, 9.6.22 – A guide to the most popular sports betting apps
- Sports betting is not for everyone, because an addiction can be serious and the financial risks severe. But it is clearly a burgeoning industry, as 21 states now offer it online and several more have passed bills legalizing it. Here is the lowdown on every app that is available in at least 10 states, examining their bet offerings, aesthetic appeal and other factors. DraftKings, FanDuel, and PointsBet are discussed in this story.
- SBC Americas, 9.6.22 – Odds Assist: Sports bettors would trust an ESPN sportsbook
- A recent survey by Odds Assist has found that almost three-quarters of sports bettors would use an ESPN sportsbook if one was available.
Arizona
- iGB, 9.6.22 – Arizona betting handle declines again in June
- The Arizona Department of Gaming reported a further drop in the state’s sports wagering handle in June, with player spending falling 30.9% month-on-month.
California
- Sports Handle, 9.5.22 – California’s Counties Latest To Oppose Proposition 27
- The California State Association of Counties (CSAC), which is comprised of all 58 counties in the state, on Friday voted to oppose Proposition 27, the commercially backed online/mobile wagering initiative that will be one of two sports betting initiatives on the November ballot. The group joins many others across the state in opposing the measure, which it calls “deceptive.”
- California Casinos, 9.2.22 – Prop 26, Prop 27 Campaign Spending Tops $390 Million After 14 August Contributions
- With California’s Nov. 8 general election on the horizon, voters are seeing a barrage of ads centered on the two measures, Prop 26 and Prop 27, that would legalize sports betting in the state.
Colorado
- iGB, 9.5.22 – Colorado sports betting handle continues to decline in July
- Consumer spending on sports betting in Colorado fell for the fourth consecutive month in July, though the US state did report an increase in revenue.
Massachusetts
- Axios, 9.6.22 – Dozens express interest in a Mass. sports betting license
- Dozens of companies are angling for a piece of the state’s budding sports betting industry, a sign that Massachusetts can be competitive despite being late to legalization, gaming analysts say.
Michigan
- MI Bets, 9.6.22 – Michigan Gaming Control Board Highlights Need For Gaming Education
- The Michigan Gaming Control Board is trying to do its part to help raise awareness on responsible gaming among the state’s youth in tandem with the American Gaming Association’s “Responsible Gaming Education Month.”
New York
- Play NY, 9.2.22 – Gimme 10: New York Online Sports Betting Tops $10 Billion With Football Kicking Off
- Safe to say, no other state with legal sports betting has blasted out of the starting blocks quite like New York. With online sportsbooks in New York reporting a combined $194.5 million in handle for the week ending Aug. 28, NY sports betting eclipsed $10 billion in accepted wagers in less than eight months.
Tennessee
- TN Bets, 9.2.22 – Online Sports Betting Beginner’s Guide: Wager Types
- The Tennessee online sports betting market has quickly become a successful mix of state-regulated mobile sportsbooks apps that service patrons aged 21 and over who are physically located within the Volunteer State.
Virginia
- iGB, 9.5.22 – Virginia betting handle falls for fourth consecutive month in July
- The Virginia Lottery reported a month-on-month drop in player spending on sports betting for the fourth consecutive month in July, though revenue in the state improved significantly.