NY Gov. Hochul on sports betting numbers
@GovKathyHochul: NEW: In just 5 months, New York collected a record $267 million in tax revenue from mobile sports wagering — more than the TOTAL revenue of any other state.We’ll always be committed to upholding responsible gaming policies, while using this money to help all New Yorkers thrive.
Caesars executive believes the 2022 WSOP can set records
Summary: The 2022 World Series of Poker is underway, and officials are hopeful a new venue and a post-COVID atmosphere will propel the WSOP to new heights. Why it matters: “I will be on record that this year I’m taking the over on 8,774 — there’s no reason for us not to break the all-time […]
Fate of Massachusetts sports betting could hinge on advertising
Summary: A conference committee is tasked with aligning the disparate sports betting bills passed by the Massachusetts House and Senate, and at the end of the day, advertising could be the most difficult needle to thread. Why it matters: Among the advertising restrictions passed by the Senate are a whistle-to-whistle ban on advertisements during games […]
Iowa lawmaker points to ‘gaming fatigue’ among legislators
Summary: When asked about a recently passed moratorium on new casinos, Iowa Senate Majority Leader Jack Whitver pointed to “gaming fatigue,” which could also translate into a pause on legalizing other forms of online gambling. Why it matters: Driving the fatigue is sports betting. According to Whitver, the deluge of advertising and the in-your-face nature […]
California sports betting initiative on pace to make ballot
@WALLACHLEGAL: Update on signature verification for California online sports betting ballot initiative:Per Secretary of State, random count of select counties shows 75% of signatures are valid.Well ahead of 1,096,853 needed to avoid full count. Deadline for all counties to report is 6/27. pic.twitter.com/Dk0ubqJcKN