Casino Reports

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The 'Reel Lives' series spins on and the arrow points to ? Adam Rosenberg "Social for PR has become an engine for hyper-networking and media monitoring. I can meet journalists and influencers and find out what people are talking about that's relevant to trends and news much faster than years ago," says Berg. With weightier topics also explored like his DJ career and Phish concerts. https://lnkd.in/eHR5RZB6

It’s been a minute since any social/sweepstakes casino operators have received good news in the U.S. Here's a ray of sunlight: A high-profile lawsuit several sites were facing in?New Jersey?has been dropped. https://lnkd.in/e-YAMpDq

This House bill from Washington Rep. Baumgartner is narrow in focus, unlike some other federal bills. While the reintroduction of the proposed SAFE Bet Act has taken up most of the oxygen when it comes to federal bills seeking to limit sports betting, another bill has entered the chat that seeks to ban prop bets on college athletes. https://lnkd.in/edSV4Hiv

If it wasn’t clear before last night's John Oliver piece, it should be now: Sports betting operators need to think long and hard about the proverbial three fingers pointing back at themselves and figure out what they can do to stem this tide of public sentiment piling up against them. All things considered,?Last Week Tonight?was gentle in its treatment of the sports betting industry. The next time, the sportsbooks may not be so lucky. My thoughts for Casino Reports: https://lnkd.in/ezv23kqv

March Madness betting at Robinhood? Yep. The notable difference between this and Robinhood’s short-lived partnership with Kalshi last month to offer event contracts for Super Bowl LIX is that Robinhood has now constructed its own standalone prediction markets hub. https://lnkd.in/erv9aCCT

Bit of a shakeup in the DFS/DFS+ space today, as Underdog leaves NY and pays a fine, but launches its Pick 'Em Champions product in both New Jersey and Delaware. https://lnkd.in/e34aXr7e

Another week is winding down ... let's hit the Spin Cycle! In today's roundup, via Eric Raskin: ? DraftKings, so predictable ? AGA's March Madness projections ? DOA Texas sports betting bill ? Deposit limits have measurable drawbacks ? Reality TV star-branded casinos ? $500K pai gow score https://lnkd.in/en63wrZX

“The regulated online sports betting space has not been kind, conducive, encouraging — choose your word — to startups,” said Alexander Kane of Sporttrade. “And the U.S. is a very interesting case study here because while it is the most entrepreneurial economy in the Western world, bar none, it’s also the one that has the highest barriers entry for this awesome booming market that is online sports betting." Story by Eric Raskin: #startups #gambling https://lnkd.in/e687ySmd

In Illinois, local-based opposition to the vertical made their voices heard during Wednesday's informational hearing held by the House's Gaming Committee. (by Chris Altruda) https://lnkd.in/ehsTfnF4