Covers asked the proprietors of two widely-read industry newsletters to join us in giving their thoughts about the gaming industry in 2024 and beyond.Not a day goes by without a massive bet being placed, a regulator voicing qualms, a lawmaker looking to tinker, and so on and so on. It can be hard to keep track of it all and to highlight what is truly important. Thankfully, the gambling industry has exceptional analysts, journalists, and thinkers who are up to the task.
They spend their days sifting through the endless stream of hearings, meetings, press releases, and scuttlebutt to find gold for their audience. With that in mind, we at Covers thought it made sense to provide some reflections and predictions about the gambling industry for the year that was and the year ahead. We also asked the proprietors of two widely-read industry newsletters to lend us their thoughts, and they generously obliged. Their responses (and ours) are below. Without question, it was the authorization (at least for now) of election betting, a white whale of sorts in the U.S., that no one would have thought would be available 18 months ago. It also opens the door for new competition in the sports betting space, with the likes of Robinhood now signaling interest in sports betting. The scrutiny and criticism the North American industry has come under from politicians, mental health advocacy groups, and traditional media. The passing of the National Framework on Advertising for Sports Betting Act in the Canadian Senate, and an end-of-year hearing on America’s High-Stakes Bet on Legalized Sports Gambling by the U.S. Senate Committee on the Judiciary — along with coverage by high-profile media outlets on problem gambling and a perceived deluge of gambling ads — aren’t the types of attention you’re seeking. Like seemingly every other industry (and component of society) the 2024 U.S. presidential election dominated this year’s headline
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