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Insight


UNITED STATES Sports-betting


US Sports-Betting Update AT A GLANCE Indiana Sports Betting Reaches


US$35.2m in September l


Chicago Sports Teams Want


Guarantees for Licence Fees l


Public Consultation ahead of


Montana Sports Betting launch l


New Hampshire Receives 13


Responses for Sports Betting l


Sports Betting in New Jersey Breaks Records


State Tracker Indiana


According to the Indiana Gaming Commission betting at casinos and off-track betting locations stood at US$35.2m in September. $20.7m was bet on American football while $3.4m was wagered on baseball, according to the data. Indiana's received $813,000 in sports betting tax revenue.


The figures come after it sports betting went online in the state meaning that revenues for the sports betting sector will increase significantly. Rush Street Interactive and DraftKings have both been given approval by the Indiana Gaming Commission and went live on October 3rd. DraftKings is partnering with the Ameristar Casino in East Chicago and Rush Street with the French Lick Resort casino. A number of other mobile betting apps linked to casinos are expected soon.


Indiana Governor Eric Holcomb signed a bill allowing sports betting in May. Indiana now allows retail sportsbooks at casinos and other locations along with state-wide mobile wagering. The bill puts in


National News


According to a notice from the United States Court of Appeals for the First Circuit, United States Attorney General William Barr and the Department of Justice (DOJ) will be required to submit briefs and all other necessary paperwork by November 12 meaning the Wire Act should be considered by the court sometime in 2020. It will be the next stage in a long list of legal proceedings with many experts predicting that the


P36 NEWSWIRE / INTERACTIVE / MARKET DATA


place a 9.5 per cent tax rate on adjusted gross receipts for sports betting and allows sports betting “at riverboats, racinos, a Vigo County casino, and satellite facilities.” Indiana became the 12th US state to allow legal sports wagers on September 1.


State Tracker Illinois


Sports teams in Chicago have contacted the Illinois Gaming Board to discuss the state’s proposed rules when it comes to sports betting. Although sports betting rules have been signed into law by the governor the Gaming Board is drawing up rules not covered in the act before sports betting actually goes live. During the mandatory public comment period after the state adopted sports betting Chicago’s professional sports teams said that they wanted further clarification that no licences for any kind of sportsbooks will be located within a five block radius of their stadia as stated in the bill.


In order to provide a proper incentive to invest in the licence seven sports facilities with more than 17,000 seats sports betting will be allowed to offer sports betting in return for $10m on an exclusive basis. In return the teams believe that the licence should be granted to them as opposed to their stadia (in case they move) and no other operator should be present or be allowed to advertise in that radius in order to prevent “faux” competitors operating nearby. Crucially the five block restriction would also include kiosks. 5,000 lottery sports betting kiosks have been authorised under the new law.


State Tracker Montana


The Montana Lottery has launched a


public consultation for state residents to comment on the new sports wagering rules. Angela Wong, Director of the Montana Lottery said: “The sports wagering law passed in May and we’ve been working hard ever since to build something Montanans will be excited about. We’ve got a lot to share with Montanans, but the first step is making sure their voices are heard as we move forward.”


The state Lottery hopes to launch sports betting operations by the end of 2019. In May Gov. Steve Bullock signed a bill for the state lottery to oversee sports betting . Sports betting in the state will be available in up to 1,400 locations and will be restricted to retail locations that have a sports betting license. Any facility with an alcohol and lottery license will be allowed to offer sports betting via betting kiosks inside their establishments that are regulated and approved by the Lottery Commission. When it comes to mobile, customers can sign up for an account through any betting terminal but they will only be able to use the lottery’s sports wagering app if they are physically inside a licensed establishment.


State Tracker New Hampshire


The Lottery Commission has announced that it received 13 responses to its request for its proposal to run both online and in- person sports betting. Lottery officials are expecting to select the operator by November. Sports betting should be in place early next year. The state is forecasting around $7.5m in gambling revenue by 2021.


In February Governor Chris Sununu said that he supported bill HB480 which would allow for a sports betting expansion in the state. The


decision could finally end up in the Supreme Court meaning that a new administration could have taken over by then.


In June a New Hampshire federal judge ruled that the Wire Act should only be applied to sports betting, rejecting the 2018 DOJ opinion that claimed the 1961 federal gambling law should cover all interstate online gambling. However on August 16, the DOJ officially filed a Notice of Appeal in the civil case that it lost to the


bill allows for mobile and land based gambling authorizing “the Lottery Commission to conduct sports betting directly or through an authorized agent via the use of mobile internet devices and through physical sports book retail establishments.” The Governor signed the new bill into law in July creating the Division of Sports Wagering inside the New Hampshire Lottery. The legislation excludes bettors from wagering on New Hampshire college and university sports but allows both mobile and retail sports betting.


State Tracker New Jersey


New Jersey has reported a record- breaking $445m bet on sports in September, the largest total since legal sports betting began in the state. Based upon filings with the Division of Gaming Enforcement, total Gaming Revenue for September was $303.5m compared to $281.5m in September 2018, reflecting a 7.8 per cent increase. Casino Win for September was $224.5m decreasing 3.2 per cent from the same month last year. However online bets boosted by the first month of the college season stood at $41.1m in September compared to $25.8 min the previous period, reflecting an increase of as much as 59.7 per cent. At the same time Sports Wagering Gross Revenue stood at $37.9 m for the month, compared to $23.8m for the same month last year - a 59.3 per cent increase.


For the year-to-date, the Industry’s Total Gaming Revenue was $2.581bn through September 2019 compared to $2.148bn in the prior period, reflecting an increase of 20.2 per cent. Casino Win stood at $2.052bn - an 8.5 per cent increase over the previous period.


New Hampshire Lottery Commission to Judge Paul J. Barbadoro who issued the previous ruling on the issue in New Hampshire. Panellists at G2E in Las Vegas expressed their frustration at the uncertainty the delay will cause and argued that it was a waste of state resources when there were much more pressing matters at hand. Greg Brower, of Brownstein Hyatt Farber Schreck said, “. . . it’s really hard to imagine devoting resources to aggressively addressing a problem that arguably doesn’t exist.”


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