Recent Notable Trends Between Sports Betting and Gambling
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Why it matters: The NFL season is in full swing and fans are eager to place bets in Massachusetts, which would bring in tax revenue.
Levant says it¡¯s 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 you¡¯re going to have sports gambling, you can¡¯t have the regulator also be a partner of the companies,¡± he says.
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