Get A Grip – Sports Betting Week: Problems Abound
It’s information overload everywhere, and there’s not enough time to sleep and eat and stay fully informed of what’s happening on this crazy blue dot of ours (two out of three, that’s not is not bad). Here’s the weekend’s Sports Handle article, “Get a Grip,” recapping the week’s top American sports betting stories, highlighting fresh news and rounding out key stories.
Top stories around our network this week
As the sports betting bonanza continues in the United States, it stands to reason that not everything will go smoothly every step of the way. Stakeholders in many different fields – including bettors, operators, legislators, regulators, providers, etc. – still have a lot to learn and change in the world of legalized sports betting.
So what issues have arisen this week? Let’s dive into it.
California’s war on sports betting escalates
Ontario licensed operators frustrated with ongoing black market operations
NHL remains silent on Sportradar’s activities in Russia
American Gaming Association, sports bettors must work together
Carousel Group fined for MaximBet’s 16 days of missed geolocation verifications in Colorado
Is fixed odds horse racing legal in Michigan? Perhaps!
A different type of free agent
Charlie Blackmon becomes the first active MLB player to sign a deal with a bookie
Bills, bills, bills
South Carolina politicians introduce another sports betting bill
Maine lawmakers take major step toward legal sports betting
Protesting Massachusetts Senate President Continues To Slow Down Sports Betting Process
Launch error
The launch of online sports betting in Maryland is likely still months away
Can’t spell Beto without betting
Beto O’Rourke voices support for legal sports betting in Texas
No new bets for New York
New York’s sports betting menu expansion likely won’t happen in 2022
Revenue reports
Sports betting, especially FanDuel, was cleaned up in New York last week
New Jersey sports betting handful returned to one billion in March
Michigan’s March sports betting handle is up nearly 23% from the same month a year ago
BetMGM edged out DraftKings last month in the handle
Pennsylvania sports betting bounced back nicely in March
Tennessee posts $370 million in sports betting for March
Louisiana sports betting cleans up in March, bringing in nearly $31 million in revenue
Connecticut sports betting rebounds after lackluster February
Another blow to Oregon horse racing
HHR setback forces Grants Pass Downs to cancel encounter, but race may not be over
888 US hires former CEO of Bleacher Report
As 888 continues to expand its SI Sportsbook brand, the company caused a stir earlier this week with the hiring of former Bleacher Report CEO Howard Mittman as president of its US division.
Mittman, who served as CEO of Bleacher Report for a four-year term through 2020, oversaw the launch of B/R Betting, the site’s sports betting project, as well as the opening of a Las Vegas-based studio. Vegas. In 2018, B/R Live hosted The Match, a made-for-TV 18-hole match play between Tiger Woods and Phil Mickelson. Held several months after the Supreme Court’s landmark PASPA decision, The Match marked the first time a network has partnered with a major sportsbook to integrate live odds into a sports broadcast.
“I have been extremely impressed with the people I have met within the company, particularly their passion for the products and the customer experience, and I share their enthusiasm for the significant opportunities ahead,” said Mittman. in a report.
In September, 888 launched the SI Sportsbook in its first US state, with a rollout in Colorado. The company plans to launch in several additional states over the coming year.
“This key appointment comes at an extremely exciting time in our long-term growth strategy,” said Itai Pazner, CEO of 888.
—Matt Rybaltowski
News Corp to enter Australian betting market
Rupert Murdoch’s News Corp reportedly ready to enter the hyper-competitive Australian sports betting market in time for the spring horse racing season, which begins in August.
According to The Wall Street Journal, BetMakers will provide the technology for the company, which has the working title BetR. News Corp will be part of a consortium that includes Las Vegas-based Tekkorp Capital and Matthew Tripp, who has held senior positions at several Australian sports betting companies, including industry leader SportsBet.
The Sydney Morning Herald reports that News Corp has been exploring an entry into the sports betting space for at least a year. But maybe he got the idea from a scene from the last season of Successionwhich is not so loosely based on the Murdoch family, in which multimedia company Waystar Royco – similar to a fictional News Corp – declares its intention to expand into sports betting.
—Mike Seely
Standing Rock Sioux sports betting is allowed
Another tribe in South Dakota has received federal approval to offer sports betting on its tribal lands.
On Friday, the US Department of the Interior published in the Federal Register final approval of the amended pact between the Standing Rock Sioux and the state of South Dakota, which expands the tribe’s authority to offer sports betting. on all Indian lands.
Now that the amendment is official, the Standing Rock Sioux are free to open a sportsbook in their casino.
— Ted Dahlstrom
More of the most important and interesting stories
I JUMPED THE GUN? : Fanatics refuse sports betting deal with Amelco [iGB]
NEW FACE: DAZN Group Announces Strategic Partnership to Launch DAZN Bet [PR Newswire]
ASK FOR HELP: The NFL is looking for the sports betting czar [Sportico]
TIME FOR CHANGE: The National Indian Gaming Association removes the “N” from the acronym [Native News Online]
At the National Indian Gaming Association convention this week. In the first presentation, I found this, uh, interesting… pic.twitter.com/tOR22MeOFj
— Jeremy Balan (@jeremybalan) April 19, 2022
ON THE WIRE: Vegas and Churchill optimistic about Derby betting deal [Horse Racing Nation]
BREACH: Illegal gambling leader admits breaching release conditions [Nevada Independent]
AND AFTER?: The future of sports betting in North Carolina [Spectrum News]
