Gaming America: The Week on Wednesday

Here is what happened in the gaming industry across the Americas in the past week:

Bill to legalize games of skill in Virginia vetoed by Gov. Youngkin

In Virginia, Gov. Glenn Youngkin ruled on 115 bills on May 20, including Senate Bill 212 (SB212), which would legalize games of skill in the state. Gov. Youngkin chose to veto SB212, citing concerns about the safeguards in place to help regulate these types of gaming options in the state. In November of 2023, the Virginia Supreme Court ruled in favor of banning skill-based games, but several state lawmakers wrote a letter to Gov. Youngkin in which they asked him to delay the ban due to the significant effect it could have on small businesses at the time. Read the full article here.

FanDuel generates $1.9m in first month revenue for DC

The DC Office of Lottery and Gaming (OLG) announced the financial results of FanDuel sportsbook in the District throughout its first month of operation. During its first 30 days of operation, the FanDuel mobile sportsbook app and website generated approximately $30m in handle (dollars wagered) and $5m in gross gaming revenue. In April 2024, OLG approved the launch of FanDuel’s mobile sportsbook as the District’s new official sports wagering platform. Read the full article here.

New Jersey reports $510.9m in total gaming revenue, but casino wins decrease 6.3%

The New Jersey Division of Gaming Enforcement has announced the financial results of all gaming in the state for the month of April. Casino wins, internet gaming and sports wagering make up the sectors in which New Jersey currently profits from. The state accounts for the revenue and figures of nine casino properties.?Internet gaming continued to increase as per reports from the casinos, with the revenue reaching $187.9m, an increase from the $158.9m reported in April 2023. Read the full article here.

Other popular stories on GamingAmerica.com:

• Massachusetts sports betting handle reaches $603m; casinos post $97.5m in April revenue (Read)
• Pennsylvania reports total gaming revenue of $504.7m in April (Read)
• NYC lawmakers propose bill to speed up casino license approval process (Read)
• Virginia reports $5m decrease in monthly casino gaming revenue (Read)
• Caesars to open multiple sportsbooks throughout LDC properties in New Mexico (Read)

From Gaming America magazine:

Lottery Now CEO interview: Creating convenience

Lottery Now CEO Kevin Kramer says it is "fantastic" to see DraftKings validate the lottery courier space and invest more money into it – because there's a "huge" opportunity to help lotteries become more convenient and easier for consumers to access. Read the full article here.

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