Metro Report: Sports Betting in New York, Washington DC & Philly

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Since the advent of Sports Betting the coverage of the New York, Washington DC and Philadelphia markets are essential to prognosticators. I would normally just focus on Las Vegas, Philly and Atlantic City but times have changed. So I will expand with my Gaming Guy News minutes into the 3 top cities on the East Coast.

The Giants are now in 2nd place in the NFC East. The Cardinals handle them easily and Daniel Jones did not look comfortable coming back from a hamstring injury. They are playing the Browns this week at home. Browns are favored by 3.5 in the opening line. After a thrilling loss to the Ravens on MNF in a game considered one of the best of the year, expect the number to go up.

The Washington Football team took over 1st place in the NFC East. After Dwayne Haskins came into the game for injured QB Alex Smith, the Washington defense rallied and took an interception to the end zone. They play the Seahawks at home this week and are 5.5 underdogs. While both team need the game, the betting public makes this number go to 6 or higher by game time.

The Eagles won for the 1st time in 5 weeks with Jalen Hurts having his 1st start as QB. He provided the spark the team needed and kept them in the race for the division. They are 1.5 games back with 3 to play. They have an 11% chance of winning the East. Their best scenario is to win out and Washington lose at least 1 of their next two games. They face the Cardinals this week and are getting 6.5. That line should stay static.

Sixers played a preseason game against the Celtics. They won 108-99 with the starters playing most of their minutes in the 1st half. No news on the James Harden watch. If the Sixers do go in on Harden ,the pieces they would have to consider moving are Tobias Harris, Matisse Thybulle and Mike Scott. The depth on the team would be lessened considerably. The addition of Harden would make the Sixers a championship contender. The Sixers have a projected win percentage of 58.5%. They would have to win 43 games to surpass that projection.

Kevin Durant and Kyrie Irving looked impressive in his preseason game against the Wizards. Russell Westbrook and Bradley Beal  sat the game out. After the game, Westbrook and KD embraced and spoke briefly. That was good for both of them considering how their relationship frayed when KD left OKC 4 years ago. The Wizards have a projected winning percentage of 45,5%. To exceed that projection they would have to win 33 games.

Sports Business and Sports Betting in DC is doing well on the retail side. William Hill & Monumental Sports and Entertainment  are increasing their handle every month. The average bet on a kiosk is approximately $125.  Parx Casino in Philadelphia had a combine retail and online gross revenue in October of 3,2 million before taxes. Those numbers will increase when the NBA returns to action.

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This Month in Sports Betting and Sports Business

I have changed the time period for this post to include news and information from the G2E 2019. The college world is addressing the sports betting landscape by not allowing students to wager on their school teams. Every school has not adopted this practice but all are looking at what steps should be taken to protect the student athlete. For now, all have held fast to the NCAA standard that was in place prior to the Supreme Court overturning PASPA. This article from the New York Times goes into more detail.

G2E takeaways for me continue to be pushing innovation, provide content and make your operation appeal to your customer. A strong mobile app is imperative. A great social experience that makes being in the sports book comparable to going to a movie. I could wait and see it in my home but that would lack the exciting of seeing the movie in a packed house. Add 5G capability and high definition resolution viewing and you have something worth leaving home for. 

Executive Panel includes Gary Bettman Matt King,Greg Carlin and Joe Asher

Partnerships with professional sports teams are ways to heighten brand recognition of the sports business. Casinos know the gaming operations and have the customer base. The teams have the data and the venues. The synergy in the collaboration can be reap tremendous marketing opportunities that go beyond sports betting.

The Nerd Street Gamers have enter into a major agreement with Five Below to bring esports into the retail store chain. The strategy is to have the esports centers in stores near high schools and middle schools. This is the innovation I referred to earlier. Kudos to Wayne Kimmel and John Fazio.

The Bet on Sports America is on my agenda for 2020. It should also be on yours. My latest video that addresses Sports Betting is here.

East Coast Gaming Conference Recap

The #ECGC22 was well timed and the most informative conference that we have attended in the past 5 years. The start of Sports Betting in New Jersey and the opening day of the Congress were coincidentally on the same day. Here are some of the statements that came out of Atlantic City last week.

William Hill CEO Joe Asher said "Sports and Events create a buzz in Las Vegas. New Jersey can't replicate but can do something."

Millenial Esports CEO Alex Igelman said "More money wagered on E sports than on the NHL."

Downtown Grand Las Vegas  CEO Seth Schorr states "Sports Betting is an exciting casino experience. Mobile will subsides things."

New Jersey Division of Gaming Enforcement Director David Rebuck said "I Gaming cannibalize the illegal market and created double digit growth revenue for casinos. Sport Betting will drive it higher."

Rush Street Gaming CEO Greg Carlin stated that "Sports Betting is a huge opportunity that should include mobile wagering. Online gaming has added to the Philadelphia brick and mortar property."

Foxwoods Casino CEO Felix Rappaport said "If you don't evolve, you don't survive."

Part Two of the East Coast Gaming Conference recap will post in 4 days. More Photos and commentary about the attendees.

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G2E 2016 Day 1 Recap

The 1st day was spent in the educational sessions for e sports, mobile wagering, online gaming and sports betting. We indicated that we would highlight some of the notable participants on the panels and in the audience. Here are just a few!

Ludovico Calvi: IGT: Senior Vice President of Global Product Marketing Betting. Mr. Calvi talk about the developers of mobile games utilizing voice recognition to allow someone to make a wager. This would prevent anyone other than the account holder from placing a bet.

Dan Shapiro: William Hill; Director of Business Development. Mr. Shapiro envision Race and Sports Books becoming a 24/7 operation with e sports and virtual wagering filling the time when there is no live major event.

David Purdum: ESPN Chalk; Writer. David was the moderator for the panel on Mobile Sports Betting. David is knowledgeable enough about sports betting that he could have a discussion by himself.

Greg Carlin: Rush Street Gaming; CEO. Mr. Carlin was in the audience during the morning and afternoon sessions.

Luisa Woods

Luisa Woods: Tropicana Casino in Atlantic City: Vice President of Online and Internet Marketing.

Luisa highlighted her panel by citing the positive marketing concepts from several of her competitors in the New Jersey market. She stress the importance of involving any strategy with the customer loyalty program.

Donna Verece: Cooper Levenson ; Director of Marketing. Donna was in the audience handling logistics that raise the visibility of her organization.

Sue Schneider wore two hats during the 1st day. She was a moderator for a panel and facilitated the coordination between sessions. Sue is one of the world’s leading experts on the internet gaming industry which she began monitoring in 1995.

Rebecca Liggero: Calvin Ayre; Affiliate Reporter and Conference Host. Rebecca covers  the major gaming events all over the world. She provides the most comprehensive coverage.

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                                                                     #G2E2016

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