Wallach on Georgia’s failed gambling expansion effort
Why Georgia’s efforts to legalize sports betting came up short”It really feels like Georgia was trying to shoehorn too many disparate categories of gambling into the proposed constitutional amendment bill at the 11th hour. The House, in particular, was trying to take on too much in a gambling-averse state, and it would have been next […]
NHL purchases $10M of Sportradar stock
Summary: The NHL exercised $10 million in stock options for Sportradar but declined to purchase another $30 million in options as Radar’s stock price is currently below the IPO levels the options are based on. Why it matters: The NHL signed a 10-year data and streaming deal with Sportradar in September 2021. As part of […]
Key Maine lawmakers support casino-inclusive OSB bill
Summary: Two leaders of a committee that oversees sports betting in Maine adovcated support for a bill that would include casinos and racetracks in the state’s online sports betting industry. The support for LD 1352 came in an opinion piece published by the Bangor Daily News Tuesday. Why it matters: House Chair of the Veterans […]
Light & Wonder concludes lottery divestiture
Summary: Light & Wonder, the former Scientific Games, formally completed spinning of its lottery division, the company announced earlier this week. Why it matters: As Scientific Games, the company was one of the global leaders in online casino gaming, sports betting as well as lottery; the company has streamlined and refocused itself entirely on iGaming.Beyond […]
Georgia online sports betting likely years away
Summary: Georgia lawmakers did not vote on legislation that would allow voters to approve sports betting on the 2022 ballot or the measure’s companion regulation bill before the state’s legislative session ended Monday, likely delaying any hopes for legal wagering until at least 2025. Why it matters: Georgia is one the nation’s fastest growing states […]