Fifty-nine years after the Wire Act was passed and 16 months after a Department of Justice re-interpretation of it sent a spasm through the burgeoning US gaming industry, stakeholders and entrepreneurs continue to debate over the extent to which the 20th-century law will impact their high-tech business opportunity. Such was the case at the SBC …
Industry
Could The Impact Of COVID-19 On The Gaming Industry Spell Wire Act’s Demise?
Fifty-nine years after the Wire Act was passed and 16 months after a Department of Justice re-interpretation of it sent a spasm through the burgeoning US gaming industry, stakeholders and entrepreneurs continue to debate over the extent to which the 20th-century law will impact their high-tech business opportunity. Such was the case at the SBC …
US Sports Betting Industry Will Recover
The future of the American sports betting industry remains promising, perhaps even record-setting next year, said gaming industry analyst and SpringOwl Asset Management CEO Jason Ader. This year, though, amid a COVID-19 pandemic that has shut down sports with cascading detriment to sportsbooks and sports networks, is about mitigating damage and learning lessons on how …
US Sports Betting Industry Will Recover
The future of the American sports betting industry remains promising, perhaps even record-setting next year, said gaming industry analyst and SpringOwl Asset Management CEO Jason Ader. This year, though, amid a COVID-19 pandemic that has shut down sports with cascading detriment to sportsbooks and sports networks, is about mitigating damage and learning lessons on how …
Responsible Gambling Measures Set Now Could Benefit Post-Pandemic Industry
The shutdown of most sporting events due to COVID-19 presents problems and possibilities for the nascent legal gaming industry in the US. Most importantly, whether responsible gambling initiatives will take root or set back measurably during this critical time. So what makes this a potentially dangerous period? Bettors venturing into markets to wager on sports …