Happy Tuesday, everyone. Sports betting news has not slowed down with summer approaching, with multiple states taking the next step to launch legal sports betting last week.
The latest LSR Podcast tackled a few of those stories including offshore sportsbook Bovada pulling out of the NY sports betting market. That comes as the state prepares to launch legal mobile betting this year or early next year.
Top sports betting news: California looks at 2022 ballot
A yes vote would also give tribal operators the right to offer ball and dice games at their casinos as well.
The proposal does not include mobile sports betting. Tribes want mobile betting to be delayed by at least five years after the start of retail betting.
Other jurisdictions with action: AZ, Canada, CT, MA, OH
Five other North American jurisdictions made headlines with their action (or inaction) on betting last week:
- Legal sports betting in Arizona passed its final big hurdle. The compact authorizing sports betting received final approval from the Department of Interior. The plan is to launch AZ sports betting by fall.
- The bill to legalize single-game sports betting in Canada successfully moved to a Senate committee.
- Gov. Ned Lamont signed a bill that authorizes him to amend compacts with Connecticut‘s two tribal partners. The compacts still need federal approval before CT sports betting can launch this fall.
- Massachusetts makes the list because its Senate failed to include MA sports betting in its budget proposal. The state’s legislative session runs through the end of the year, so there’s still time for a standalone bill.
- The third hearing concerning sports betting in Ohio included even more industry representatives asking for changes.
Colorado, Nevada report expected dips
Both Colorado and Nevada joined nearly every other US betting jurisdiction in reporting a dip in their April handle from March.
That dip is a bit of a hangover from March Madness betting, which pumped up almost every state’s handle in March. The exception was Oregon, which saw growth over March but also does not offer betting on college sports.
DC sports betting audit missed; full William Hill book open
The deadline for a deep dive into sports betting in Washington DC to see if the District’s model should be changed passed more than a month ago because the DC Auditor’s office did not know it was required.
That audit, which will compare how DC is doing with similar jurisdictions, could be completed by the end of June, DC Auditor Kathy Patterson told LSR.
Right now, only GambetDC is allowed District-wide access with other sportsbooks partnered with teams geofenced to a few blocks around the stadium/arena. They could be given District-wide access as well in exchange for their tax rate to double to 20%.
Elsewhere, the William Hill Sportsbook at Capital One Arena opened last week. The sportsbook had been located in a temporary location since its launch last summer.
Scientific Games buys SportCast
Sports betting technology provider Scientific Games purchased SportCast, which is credited with developing the original BetBuilder product.
“The award-winning BetBuilder product is just the first of many innovative products that can be powered by the underlying platform for the benefit of our customers and we’re thrilled to be able to roll these out,” said Keith O’Loughlin, executive VP for sports at Scientific Games.
DraftKings funds sports betting problem gaming research
DraftKings announced an unspecified financial commitment to the International Center for Responsible Gaming to help fund problem gaming research related to sports betting.
The ICRG is accepting applications from researchers interested in exploring multiple topics:
- Differences in sports betting compared to other forms of gaming.
- Evaluation of efficacy of existing responsible gaming interventions and programs.
- Differences in prevalence and experience of problem gambling across demographics.
The winning applicant will be selected in September for a three-year project.