Sports Gambling News for the Week Ending February 25th

By Bennett Liebman

New York Now Leads Nation in Mobile Sports Betting

nytimes.com/2022/02/23/nyregion/new-york-now-leads-nation-in-mobile-sports-betting.html

The Sports Gambling Gold Rush Is On. Should We Be Concerned?

https://www.nytimes.com/2022/02/22/opinion/sports-gambling-superbowl.html

New York mobile sports betting operators have lost $200M

https://www.nytimes.com/2022/02/22/opinion/sports-gambling-superbowl.html

Del Lago casino sold as NY's mobile sports betting plows ahead

https://www.poughkeepsiejournal.com/story/money/2022/02/23/finger-lakes-casino-sold-nys-mobile-sports-betting-plows-ahead/6909944001/

Betting on New York: Sports Wagering a Win-Win for the State

https://politicsny.com/2022/02/23/betting-on-new-york-sports-wagering-a-win-win-for-the-state/

Is NY Sports Betting Market Share Shifting After Super Bowl?

https://www.legalsportsreport.com/65111/ny-sports-betting-handle-super-bowl-week/

Sports Betting Power Players: Meet Joe Asher

https://politicsny.com/2022/02/21/sports-betting-power-players-meet-joe-asher-president-of-sports-betting-for-igt/

NJ Sportsbooks Shrug Off Concerns From Mobile NY Sports Betting

https://www.legalsportsreport.com/64922/january-2022-revenue-nj-sportsbooks/

Sports betting promos and ads are everywhere. Is it a terrible idea?

https://www.vox.com/the-goods/22945877/sports-betting-promos-odds-draftkings-caesars

Caesars Stock Climbs on Cut to Sports Betting Ad Spend

https://www.barrons.com/articles/caesars-stock-sports-betting-ad-spend-cut-draftkings-51645619523

Caesars to Cut Back Sports Betting Ad Spending

https://www.bloomberg.com/news/articles/2022-02-22/caesars-climbs-after-announcing-cutback-in-sports-betting-spend

DK SEC Filing Presentation title

https://draftkings.gcs-web.com/static-files/bfa6ebd3-5477-4f55-847b-36fb7ccbf8bb

DraftKings Motion to Dismiss

https://news.bloomberglaw.com/?target=https%3A%2F%2Fwsauth.bloombergindustry.com%2Fwsauth%2Fblawauth%3Ftarget%3Dhttps%253A%252F%252Fwww.bloomberglaw.com%252Fdocument%252FX3CGGLOSQFA9HPB4JTSUHULC45P

DraftKings Stock Drops Amid Growing Questions About Profitability

https://www.legalsportsreport.com/65092/draftkings-stock-q4-results-profitability/

DraftKings CEO "very confident" in success of potential Florida sports betting

https://www.yogonet.com/international/news/2022/02/23/61513-draftkings-ceo--34very-confident-34-in-success-of-potential-florida-sports-betting-ballot-initiative-for-2024

Online CT Sports Betting Sees Steady Growth Despite NY Launch

https://www.legalsportsreport.com/64891/january-2022-revenue-ct-sports-betting/

Fanatics' Michael Rubin: 'We Can Be No. 1'

https://www.gamingtoday.com/news/fanatics-sports-betting-michael-rubin-no-1-global-brand/

Sports betting industry clearly needs consolidated

https://www.cnbc.com/video/2022/02/23/sports-betting-industry-clearly-needs-consolidated-engine-medias-tom-rogers.html

The State of the U.S. Legal Sports Betting Landscape

https://www.sportsbookreview.com/news/the-state-of-the-u-s-legal-sports-betting-landscape/

Tom Waterhouse Pivots Booming VC Fund to U.S. Sports Betting

https://finance.yahoo.com/news/tom-waterhouse-pivots-booming-vc-050131623.html

Europe's gambling revenues will increase 7.5% in 2021

https://www.egba.eu/news-post/europes-gambling-revenues-will-increase-7-5-in-2021-but-down-significantly-on-pre-pandemic-levels-new-data/

Maine Gov. Supports Tribal Sports Betting

https://www.legalsportsbetting.com/news/maine-governor-mills-supports-tribal-sports-betting/

Revealed: how bookies clamp down on successful gamblers and exploit the rest,

https://www.theguardian.com/society/2022/feb/19/stake-factoring-how-bookies-clamp-down-on-successful-gamblers

Opinion: Tribal Sports Betting Storylines To Watch

https://www.legalsportsreport.com/61604/tribal-sports-betting-storyline-to-watch-2022/

Churchill Downs quits iGaming and online sports betting

https://www.gamingintelligence.com/products/sports/152953-churchill-downs-quits-igaming-and-online-sports-betting/

Why Gambling Ads Are Legal, But Not Cigarettes

https://www.esquire.com/news-politics/a39190027/sports-gambling-ads-legal-cigarettes-law/