The US gambling industry has become a “highway without speed limits”, according to a top state regulator, as the nationwide gambling boom continues at pace.
Jordan Maynard, chair of the Massachusetts gaming commission, urged lawmakers in Washington to consider nationwide rules on advertising by betting firms. Operators have spent years lobbying against a federal crackdown.
Nationwide exclusion lists, blocking gamblers who encounter problems like addiction from placing a bet anywhere in the country, are also “ripe for a federal conversation”, Maynard said in an interview with the Guardian.
The scary one right now is how they’re allowing these companies to be included in some banking laws. I’m not fully aware of the exact details. But sounds like Google and Amazon and Meta are working to be able to skirt these financial protections