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Get A Grip — The Week In Sports Betting: WynnBet Launches In NY, Olympics, And Gearing Up For The Super Bowl 6l3wp

Most of the industry news that's fit to link 5we53

Jeremy BalanJeremy Balan
February 4, 2022
in Sports

Shutterstock 1h4p47

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It’s information overload everywhere, and there’s not time enough to sleep and eat and stay fully apprised of what’s happening on this crazy blue dot of ours (two out of three ain’t bad). Here’s the weekend Sports Handle item, “Get a Grip,” recapping the week’s top U.S. sports betting stories, highlighting some fresh news, and rounding up key stories. 

Top stories around our network this week 2rf50

The weeks between the NFL conference championships and the Super Bowl have always been busy for sportswriters and sportsbooks, but with the explosion of sports betting in the United States, it has jumped to another level.

WynnBet led the charge this week, with the news that it went live in New York on Friday. There was plenty else out of New York this week to make headlines, along with the start of the Olympics, news tied to the Super Bowl, and more sports betting developments from around the country.

Hard to shake Super Bowl excitement 651nb

Sweat-or-hedge decisions await Bengals futures bettors

FanDuel is handing five winners the chance to place a million-dollar bet on the big game

Sportsbooks go big with Super Bowl promos, props

Sports gamblers and oddsmakers offer their ideas for reinventing NFL overtime

Does the Pro Bowl count as football, though? 2k6u6g

While the Pro Bowl may seem impossible to wager on, there might be a few edges

But don’t forget, the Olympics have started 2n1t61

A bettor’s guide to the wild and wacky at the Winter Olympics

How does Johnny Avello tackle the Olympics?

Winter Olympics have a touch of New Jersey flavor

Just say it 5w1h1x

Once taboo on TV and radio broadcasts, sports betting is increasingly a topic

Controversy of the week 67e1d

Was FanDuel’s half-million dollar parlay winner a kid?

Problem gaming issues not going away 514j1d

What happens when someone calls a problem gambling hotline?

New York leaders ‘stand ready’ to deal with gambling addiction

Problem gaming help line calls in Pennsylvania skewed younger, nearly doubled In 2021

NCAA, EPIC Risk Management team up to prevent problem gambling

Child neglect issues keep accompanying casino patrons

It’s always something with horse racing 6s112y

Prominent horseplayer, broadcaster Jonathon Kinchen disqualified from NHC

Veterinarian found guilty in first leg of horse racing doping case

Horse owner banned by U.S. Trotting Association remains welcome at Meadowlands

Legendary Monmouth Park jockey says he has “revived” his career out West

Let us bet the Lady Vols 323243

When will more sportsbooks start offering women’s college basketball odds?

Penn moves closer to 100% with Barstool s3p3k

PNG’s Snowden is firm believer in partnership, despite accusations against Portnoy

Coming in hot a6p52

Sports wagering In Louisiana is off to a strong start

Still waiting on Arkansas e3e6p

Will Arkansas mobile wagering receive February approval?

¿Está muerto? 4n5pw

Is the Sands Florida casino bid dead?

More battles in court 5l1d39

Federal judge demands end to “snarky” filings by each side in PlayUp lawsuit

Dispute involving two of Illinois’ three largest VGT operators may go beyond gaming board

Things are starting to shake out in Ohio 5h255p

OCC Commission sets sports betting application fees for Ohio sports betting apps

Checking on legislation… 4z1r41

Two sports betting-related bills filed in Illinois

… and the stock market 1b545s

M&A rumors swirl as sports betting stocks remain at low levels

We’ve got Canada covered, from A to Zed 4qn10

OLG’s PROLINE announces revamped retail platform in Ontario

Canada has high expectations at Olympics in hockey and curling

PROLINE retail sports bettors frustrated with odds discrepancies

In New Jersey, too 4d2z5a

Long-awaited eSports wagering is coming

End of smoking on Atlantic City casino floors seems plausible before city’s summer peak

In-stadium sportsbooks are all the rage 721c4q

Milestone sportsbook for BetMGM opens at Nationals Park

FanDuel plans to open sportsbook lounge at United Center in Chicago

Revenue reports 736v1z

New York sets monthly sports betting handle record, at $1.6 billion

NFL-fueled surge in handle leads to record revenue for operators

Virginia clears $3 billion handle in first year of sports wagering

Colorado sportsbooks clear $5 billion in all-time handle with solid December

Entering the Cowboy State 6m94d

Wyoming commission approves PointsBet to operate online sportsbook

Cornhole, anyone? 3j4d21

Caesars s forces with Michigan Cornhole League

Wordle mania 6x6gu

30 gambling Wordle words to help you reign victorious

Maine sports betting back on the table? 4j323l

According to a source in Maine, the bill that would allow for legal statewide mobile wagering is set to come off the “Appropriations Table” as soon as next week. The bill, LD 1352, was ed last year by both chambers and has been on the Appropriations Table, which is a kind of holding bin.

Since the bill ed, sponsor Louis Luchini resigned from the Senate to take a job with the federal government, so it is unclear who will pick up the torch for sports betting.

Maine lawmakers in 2019 ed a sports betting bill, but Gov. Janet Mills vetoed it in early 2020. Since then, Maine lawmakers held hearings and formed a committee to rework the bill, which in its current form would require mobile platforms to be tethered to existing gaming locations. Luchini, who wanted platforms to stand alone, tried to kill his own bill last summer due to changes that had been inserted.

In one of the smallest states by population, Maine’s gaming industry consists of horse tracks, OTBs, and two casinos owned by Penn National Gaming.

Maine’s legislative session opened Jan. 5 and runs through April 20.

— Jill R. Dorson

Bally’s to study Standard General proposal 382143

Bally’s Corp. announced Thursday that it has formed a special committee to examine a preliminary, non-binding takeover proposal from hedge fund Standard General LP.

Standard General, the largest shareholder of Bally’s, made a proposal last month to purchase all the Bally’s shares that it did not already own for $38 a share. Standard General Managing Partner Soo Kim also serves as chairman of Bally’s, a global casino-entertainment company that has access to online sports betting licenses in 16 states.

The committee of independent, impartial directors will evaluate the offer as well as any potential strategic alternatives to the proposal, according to Bally’s.

“There can be no assurance that any definitive offer will be made or accepted, that any agreement will be executed or that any transaction will be consummated,” a statement from Bally’s said.

In a letter dated Jan. 25, Kim urged Bally’s to appoint a special committee to consider the proposal and make a recommendation to the company’s board of directors. Standard General will not move forward with the transaction without approval from the committee, Kim wrote.

On the same day, Bally’s surged 22% on the news, closing at $35.85 a share. Bally’s traded at $35.50 on Friday morning, down fractionally on the session.

— Matt Rybaltowski

South Dakota mobile bill moving 5c4l6a

The South Dakota Senate’s Commerce and Energy Committee moved a bill Tuesday that would allow voters to decide if statewide mobile wagering should be legalized, according to South Dakota Public Broadcasting. Voters in a November 2020 referendum legalized only retail sports betting in Deadwood, where sportsbooks began taking wagers last year.

The proposed constitutional amendment, SJR 502, comes with a twist — mobile platforms could offer statewide digital betting, but only if wagers flow through servers in Deadwood. The proposal has the of both the South Dakota Retailers Association and local tribes, which can offer in-person wagering under the current law.

During a hearing, lawmakers pointed out what many in other states are also seeing — residents are crossing the border into legal wagering states to place bets by phone and South Dakota is losing that revenue.

There is also a House proposal, HB 1148, that would be an expansion of gaming. It would allow sportsbook operations in a “licensed business,” which is defined as any business that meets certain criteria “that forms a partnership with a licensed gaming establishment for the purpose of offering customers within the interior of the premises the opportunity to wager on sporting events through the sports wagering system of a licensed gaming establishment.”

— Jill R. Dorson

Mississippi gaming bills die in committee q5a12

Mobile sports betting won’t be coming to Louisiana launching online wagering.

Casey Eure, chairman of the House Gaming Committee, told The Sun Herald that Louisiana’s launch may prompt Mississippi legislators to become more open to mobile betting in future years, but that it won’t be coming immediately.

“I guess we will just have to see the data,” Eure said. “I don’t think another year’s going to be a big difference.”

Other interesting Mississippi bills that failed to advance included one that would have allowed up to 10 skill terminal devices in certain truck stops throughout the state. Another unsuccessful measure was aimed at allowing slot machines in Mississippi airports.

— Bennett Conlin

NBA lottery? Not quite 3z2x2k

The Dallas Mavericks are getting into the lottery business. The team announced on Wednesday a partnership with Jackpocket, a third-party app on which consumers can purchase lottery tickets. As part of the deal, Mavericks fans can use a code to win free tickets, merchandise, or VIP experiences, according to a press release.

Mavericks owner Mark Cuban said the partnership is “a fun evolution for lottery play. The way Jackpocket has elevated game experiences is something I’m excited to bring to Mavericks fans in Dallas.”

According to research from YouGov, 30% of Mavs fans bought a lottery ticket in the last 30 days and 12% play daily, the release stated.

— Jill R. Dorson

Two new sportsbooks open in Washington state 6o6mv

This week saw the opening of two retail sportsbooks in Washington state, where sports betting — including mobile — is confined to tribal gaming properties.

On Tuesday, the Squaxin Tribe opened its IGT-powered sportsbook at Little Creek Casino in Shelton. Located on the main casino floor, it features eight betting kiosks and 82-inch video screens, along with 30 lounge seats and a 20-by-10-foot video wall.

Friday afternoon saw the official opening of FanDuel’s sportsbook at Suquamish Clearwater Casino Resort on the Olympic Peninsula. Seattle Seahawks legend (and former U.S. Congressman) Steve Largent was on hand to place the ceremonial first bet and was ed at the ribbon-cutting event by his old quarterback, Jim Zorn. The 2,000-square-foot sportsbook features three betting windows and 12 IGT PlaySports self-service betting kiosks.

Next week should bring at least one more opening in the state, as a Caesars spokesperson told Sports Handle that the the Vegas-based betting behemoth and the Spokane Tribe plan to open their recently announced sportsbook before the Super Bowl at the tribe’s casino in Airway Heights.

— Mike Seely

More of the most important, interesting stories 6l1x5r

BIG BET: Massive bet moves line on Super Bowl [Review-Journal]

STAR POWER: JB Smoove, Halle Berry, and Mannings headline Caesars Super Bowl ad [Caesars]

The first of what I suspect will be many interviews between now and the Super Bowl discussing my continuing efforts to legalize sports betting in Kentucky. https://t.co/UFKqfOaC40

— Adam Koenig (@repkoenig) February 2, 2022

RUH ROH: Texas poker clubs are in trouble [Gambling and the Law]

DONE DEAL: MGM, NHL announce partnership extension [PR Newswire]

HARSH WORDS: Jockey Club deal with Playtech faces criticism [Racing Post]

The Return of the Mack for the Super Bowl‼️@MattressMack just wagered $4,534,000 on the #CaesarsSportsbook app in Louisiana on the Bengals (+170) to win over the Rams.

Potential win: $7,707,800

This marks the single biggest mobile wager of all-time 👀#BetLikeACaesar pic.twitter.com/pBJjtU9x49

— Caesars Sportsbook (@CaesarsSports) February 4, 2022

ALL IN: Athletes Unlimited agrees to on integrity partnership with Sportradar [Insider]

THEY HAVE A PLAN: Super Group sees Betway as way through spending scramble [Yahoo! Sports]

Let's walk through what happened at Aqueduct today. The last race was canceled because of fog. That's fine. Gotta do what is safe. Can't have horses & jocks out there if they can't see. But who did this impact most? Once again, it is the bettor — in this case, the winning bettor

— Jeremy Balan (@jeremybalan) February 4, 2022

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Jeremy Balan

Jeremy Balan 2d3d1z

Jeremy Balan has been a journalist, editor, and sports writer since 2007. After years covering prep, college, and pro sports for online and print media, he focused on turf writing at BloodHorse from 2015-2019 and won an Eclipse Award for his coverage of the devastating fire at San Luis Rey Training Center. Jeremy on Twitter ([email protected].

This site contains commercial content. We may be compensated for the links provided on this page. The content on this page is for informational purposes only.

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