National Football League (NFL) franchise Columbus Blue Jackets has signed a deal with sports betting operator Fanatics Betting and Gaming, under which the two companies will collaborate to open a retail sportsbook near the Blue Jackets’ home arena. Fanatics has announced that the land-based sportsbook is slated to open at the end of August.
The sportsbook is expected to occupy over 5,000 square feet and feature four betting windows, 14 kiosks, a video wall, and 20 TV monitors. A full-service restaurant will also take care of the sportsbook’s customers who want to enjoy delicious meals while watching sporting events. Blue Jackets’ Senior Vice President and Chief Operations Officer Cameron Scholvin did not hide his excitement about this partnership.
Customers at the sportsbook will be able to place bets on a variety of markets, including the National Football League and National Basketball Association (NBA). Fanatics Betting and Gaming will join forces with a team of trading suppliers to provide the betting odds at the new sportsbook.
A curious fact is that Fanatics owns the first land-based sportsbook located inside an NFL stadium. Besides, the operator is expected to launch its new online betting platform in Ohio, Maryland, Massachusetts, and Tennessee anytime soon. Actually, the company has already launched its sportsbook’s beta product in these states.
Ohio Allows Partnerships Between Betting Companies and Sports Organizations
Ohio legalized online and retail sports betting on January 1, 2023. Currently, there are over 15 licensed sports betting operators, including but not limited to DraftKings, FanDuel, and BetMGM. Since its launch earlier this year, Ohio’s sports betting industry has experienced unprecedented growth. In the first month of legal sports betting in the Buckeye State, punters wagered a total of $1.1 billion. Although the sports betting market in Ohio slowed down, the industry continues to generate millions of dollars for the state in tax revenue.
Ohio is among the few states that allow sports teams to collaborate with sports betting operators and open retail sports betting shops at or near their home stadiums. Fanatics has also teamed up with Cleveland Guardians to open a second retail sportsbook, which will be in close proximity to Progressive Field. On Tuesday, a Fanatics spokesperson said that the retail sportsbook would most likely open by the end of August.
The Columbus Blue Jackets collaborate with Fanatics Betting and Gaming and Prophet Exchange for online sports betting in Ohio. Although Prophet Exchange signed a deal with the NFL franchise last October and announced the sports betting platform would be launched by the end of H1 2023, the betting company is yet to go live.
Ohio is home to several retail sportsbooks, including one operated by Caesars at the Cleveland Cavaliers’ Rocket Mortgage Fieldhouse and another owned by BetMGM at the Cincinnati Reds’ Great American Ball Park. Not long ago, BetMGM announced that it plans to relocate its sports betting shop in a bid to attract more punters.
Belgium’s gambling regulator, the Kansspelcommissie (KSC), has reminded its licensees to warn players about the possible risks of gambling through all possible communication channels. The new requirement comes as part of the recently implemented ban on gambling advertising. The Belgian government has decided to impose a blanket ban on gambling advertising across various platforms, including television, radio, cinemas, magazines, newspapers, and public spaces. The ban became effective on July 1.
After a couple of questions were raised by Sabine Verheyen, a German member of the European Parliament and the European People’s Party Group, the European Commission decided to look into the proposed changes to the Gambling Act in Malta. The suggested amendments seek to protect online gambling companies based in the country from legal action in other countries in the European Union (EU).
During an adjudicatory hearing held on Monday regarding DraftKings’ self-reported violations, the Massachusetts Gaming Commission (MGC) voiced its concerns regarding the incident but did not sanction the operator. The gambling watchdog is expected to issue a written ruling anytime soon and determine whether or not to take action against the operator.
Last Wednesday, Vermont’s gambling regulator, the State’s Liquor & Lottery Commission, posted the Request for Proposal (RFP) on its official website, officially launching the bidding process for online sportsbook licenses. Vermont will accept bids by August 28 as lawmakers hope to have the sports betting industry up and running by January 1, 2024. Under the sports betting law signed by Governor Phil Scott last month, between two and six operators will receive licenses to cater to the needs of Vermonters. Sports betting companies will be allowed to offer their services online only.
On Monday, the Philippine Amusement and Gaming Corporation (PAGCOR) announced that the revenues generated by the Philippine offshore gaming operations (POGOs) could reach P24 billion by the end of this year. The announcement was quite shocking considering the declining presence of POGOs. PAGCOR chairman and chief executive officer Alejandro Tengco issued a statement, explaining that the revenue generated by POGOs could double although the number of registered offshore operators declined to just 32.
Slovenia’s Ministry of Finance confirmed that gambling companies Entain and Superbet have abandoned their plans to purchase a majority stake in the country’s monopoly sportsbook operator Športna Loterija. The two applicants have withdrawn their bids because the government asserted that the buyer must donate some of its profits to support the development of the Slovenian sport.
On Wednesday, Singaporean lawmakers voted in favor of a bill under which the government is authorized to order individuals, entities, online and Internet service providers, and app stores to remove or block access to illegal online content. During the second reading of the bill, Minister for Communications and Information Josephine Teo said that the legislation would help the country to crack down on online crimes and illegal gambling activities. Mrs. Teo added that the legislation also included a special provision regarding scams and malicious cyber activities.
President of Puducherry Indian National Congress (INC) V. Vaithilingam has criticized the state government for stealthily supporting the establishment of gambling venues in Puducherry. During a press conference held this Tuesday, he said that the Yanam Royal Recreation Club was forced to cease operations for more than six months after public backlash. However, the venue is again operating thanks to the full support and backing of the AINRC-BJP government.
On Friday last week, Governor Janet Mills turned down a bill seeking to grant Wabanaki tribes access to federal laws, even though the House and the Senate overwhelmingly approved the legislative effort. The proposed legislation would allow the tribe to benefit from some federal laws, except for gaming laws allowing casinos and laws regarding serious crime. Gov. Mills explained that she supports the idea of giving the Wabanaki Nations more rights but vetoed the legislation because such a reform could lead to unnecessary lawsuits against the state and possible conflicts.