New York exceeds even its vast expectations
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
A lot has been done since New York entered the world of online sports betting in January, and rightly so. It’s always worth allowing some time to put the numbers into perspective, and after more than six months, it’s clear that the Empire State has greatly exceeded the former No. 1 state of New Jersey in betting management, and even more than that in industry revenue from sports betting, and far more than that in tax collections for the effort state.
And those numbers mostly come without the benefit of football, the most popular betting sport. Now that this season is starting, New York’s top regulator is optimistic that the state will quickly hit $500 million in tax revenue in the first year of mobile betting, rather than waiting several years as expected. Helping to support this notion is that New York has seen four consecutive weeks of increased betting handleputting in the rearview mirror the slump in sports betting at the start of the summer.
While the New York-New Jersey region is absolutely essential in the complete scheme of sports betting operations these days, our network of sites goes far beyond covering industry trends, as reflected in our stories. of last week.
Live/micro grow for bettors, but for the best?
Is in-play sports betting the future or the slippery slope?
Oh, so that’s how they did it
How Caesars Created The Emperor’s Sports Betting Groove
Look, do you want my money or not?
Wait, it’s been a year already, Canada?
Versary of bets on a single event in Canada: a look back at the past year
Meanwhile, in little old California
California’s two major political parties now oppose Proposition 27
Latest ‘Yes to 27’ ad highlights homelessness and mental health issues
It’s laughable sports betting
BetMGM partners with comedy-focused content network Near Friday Media
How to win at poker with cracked aces
Turn up the game, I have a bet in progress
Sorry, we think you can’t handle it
Kansas looks set for September 1
According to a local media report, the Kansas Attorney General on Tuesday approved revisions to the Kansas Lottery’s proposed temporary betting rules. Requested revisions included asking the lottery to clarify that betting would be allowed on mobile platforms available across the state and not just onsite at sportsbooks. The Attorney General also wanted revised language regarding advertising.
The lottery announced last week that it would launch sports betting on September 1, and operators across the state are moving forward with retail sports betting and preparing digital platforms. The temporary rules proposed by the Kansas Racing and Gaming Commission, which is a co-regulator with the lottery, were sent to the attorney general on August 17 for review.
Barstool Sportsbook, Caesars Sportsbook, DraftKings and FanDuel will all have POS and mobile platforms while Bally Bet, BetMGM, FOX Bet and PointsBet will only offer digital betting. Each of the state’s four casinos is entitled to up to three digital skins, or rigs, and this week Boot Hill Casino, which is already in partnership with DraftKings and Bally Bet, has also announced mobile deal with gold nugget.
— Jill R. Dorson
Twelve express interest in Massachusetts
So far, a dozen potential sports betting operators have submitted Notice of intent to the Massachusetts Gaming Commission. The agency will eventually have up to 15 licenses to distribute, including one to Barstool Sportsbook, BetMGM and WynnBET, which already have market access through their existing casinos. Of these three, only WynnBET submitted its NOI on Friday. Raynham Park Racecourse has also submitted a review, but Suffolk Downs has yet to do so.
Other operators and data providers to express interest include 888 (SI Sportsbook), Bally’s, BetFanatics, Betr, DraftKings, GAN Interactive, NYX Digital, PlayUp, PointsBet and Sportradar. The state gaming commission did not say when sports betting could go live in Massachusetts under the law approved this month, but it has begun a series of stakeholder meetings to get feedback. regulatory comments.
— Jill R. Dorson
Seminoles, Florida files case in court for pact
The Florida Seminole Tribe filed an amicus brief with the DC Court of Appeals on Wednesday, seeking to join a case in which the tribe’s gambling pact with the state was overturned by the court. A pair of parimutuels from Florida successfully sued the US Department of the Interior last year for granting the pact.
The tribe is challenging a federal court ruling that the Indian Gaming Regulatory Act prevented compact provisions that gave the Seminoles a monopoly on mobile sports betting by allowing bets placed outside tribal lands to be routed through servers on tribal property. “The district court’s interpretation of IGRA effectively erects a wall around tribal lands and prevents tribes from keeping pace with online advancements in the gaming industry,” the tribe argued in its filing.
The State of Florida is also seeking involvement in the lawsuit, with a filing noting that “Florida has a substantial interest in reinstating the Compact. … This will generate about $2.5 billion in revenue for the state in the first five years and create thousands of jobs for Floridians.
BetMGM and BetRivers make broadcast moves
BetMGM and BetRivers made major announcements regarding their respective efforts to bring more sports betting content to the US airwaves this week.
For starters, BetMGM has expanded its partnership with streaming video network SportsGrid, with BetMGM traders now set to appear on programs like Ferrall coast to coast, Professional football todayand Primetime live in-game.
As for BetRivers, it announced the launch of Danny Mac’s Podcast, featuring veteran Chicago broadcaster Dan McNeil, on BetRivers Network. New episodes will be available every Monday and Thursday on most podcast apps, with the BetRivers Network streaming a video version on YouTube. BetRivers also announced that longtime Pittsburgh sports radio personality Mark Madden will host a podcast twice a week, Mark Madden: unfilteredon the BetRivers network every Tuesday and Thursday.
More of the most important and interesting stories
THIS IS NOT YET ONLINE IN NEVADA, BUT..: FanDuel approved to bring its mark to Las Vegas [CDC Gaming Reports]
GIVE ME UTAH STATE TO WIN IT ALL: The story of the craziest college football bet of the offseason [ESPN.com]
THIS IS SOME SERIOUS CHOICES: Las Vegas football contest menu: Circa faces $8 million overlay [Las Vegas Review-Journal]
CONGRATULATIONS IF YOU SUPPORTED THESE GUYS: Show me the money: Cameron Smith and Max Homa land top returns in 2022 [PGAtour.com]
“I have my eye on other trophies.”
New British Open champion Cameron Smith will make an emotional return to Brisbane in November to contest the Australian PGA Championship.
— AAP Sport (@AAPSport) August 24, 2022
PLEASE LET US WATCH: Amazon and DirecTV enter into a multi-year agreement to Thursday night football carriage [Deadline]
I BET IT’S NOT A PLEASURE: Carrot Top bets on Raiders to open Cosmo sportsbook [Las Vegas Review-Journal]
RIGHT THERE WITH YA, NEW YORK: As Deadwood sports betting nears one-year anniversary, NFL is ‘king’ [Sioux Falls Argus Leader]
BUILDING DREAMS IN CALIFORNIA: Rain Rock Casino introduces an exciting addition [KDRV.com]