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Update time: 2022-10-27   Author:  Click:2731
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Levant says its ridiculous to have states, which benefit financially from sports gambling, regulating the industry. He says that while gaming companies may have messaging about betting responsibly, their goal is to make money. The only way to do that is to attract more gamblers who will bet more frequently. If youre going to have sports gambling, you cant have the regulator also be a partner of the companies, he says.
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Speaking at the East Coast Gaming Congress, executives of online gambling companies and their technology partners said the rapid growth of sports betting has provided a ready-made infrastructure and regulatory apparatus for online casino games.
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"Next Thursday, when we will hear from every interested operator on these matters, might shed some light, might shed some consensus and also may come up with a solution we're not thinking about. And I'm crossing my fingers on that front," Judd-Stein said.
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