Georgia pro teams lament falling behind on legalized sports betting

Daily / Friday, June 24, 2022
As legalized gambling continues to spread across the country, Atlanta pro sports franchises "contend Georgia’s lack of movement in that direction puts the local teams at a disadvantage," according to Tim Tucker of the ATLANTA JOURNAL-CONSTITUTION. The Braves, Falcons, Hawks and Atlanta United teamed up three years ago "to...

Fanatics in talks to buy betting company Tipico

Closing Bell / Thursday, June 23, 2022
Fanatics is "in talks to acquire sports betting company Tipico," though a deal has "not yet been reached." The two sides are "currently at an impasse on price," though "talks are still ongoing." Tipico has a small U.S. gambling operation, holding licenses in Colorado and New Jersey, but it...

N.C. House shoots down legislation for legal sports betting

Daily / Thursday, June 23, 2022
Legislation that would have authorized sports betting across all of North Carolina “fell apart” yesterday after the state House "narrowly rejected a key measure amid warnings about the dangers of gambling,” according to Gary Robertson of the AP. The House voted 51-50 “not to approve one of two measures...

Sports betting companies look to content creators for edge in market

Daily / Wednesday, June 22, 2022
Content has "become the weapon of choice" for digital casino operators and betting firms "looking for that edge in what has been an expensive grab for consumer dollars,” according to Alex Weprin of the HOLLYWOOD REPORTER. The expansion of legalized online sports betting across the U.S. has “proved to be expensive,”...

N.C. bill to authorize sports betting moves forward in state House

Daily / Wednesday, June 22, 2022
A late-session effort to “authorize and regulate sports gambling in North Carolina pressed forward” yesterday in the state House, nearly a year after a measure that would “make such betting lawful cleared the Senate,” according to Gary Robertson of the AP. A divided House judiciary committee “voted for two...

PGA Tour partners with Bet365 in three-year deal

Closing Bell / Tuesday, June 21, 2022
The PGA Tour and Bet365 reached a three-year content and marketing agreement through '24 that includes designation as an official betting operator of the Tour. U.K.-based Bet365 becomes the Tour’s first OBO outside of North America. In the U.K., Ireland and Australia, Bet365 will be the exclusive source for...

North Carolina betting bill likely to resurface

Morning Buzz / Monday, June 20, 2022
A revised bipartisan sports-wagering bill "appears likely to resurface in the N.C. House during the final innings" of the '22 legislative session. Senate Bill 688 "has not been acted upon since Nov. 4 when the House Commerce committee voted 12-4 to advance the bill to the Judiciary 1 committee."...

New start-up aims to sync TV watching with sports betting

Daily / Monday, June 20, 2022
Start-up aims to "personalize the betting experience for 75 million sports fans who experts say could place" more than $20B a year in wagers as "more states legalize online sports betting,” according to Bob Fernandez of the PHILADELPHIA INQUIRER. Epoxy’s first idea is to "use the microphone on...

Ten6 brought aboard as Caesars' ad agency after bold pitch

SBJ Newsletters / Friday, June 17, 2022
One of the more interesting stories Otterman shared outlined the hiring of ad agency Ten6, which won the business by taking an uncommon approach to its slot in an eight-hour pitch that Caesars hosted in D.C. upstairs from its then freshly rebranded retail sportsbook at Capital One Center. ...