With the ink barely dry on the ruling this week regarding the Supreme Court of the United States’ decision to overturn PASPA, the sports betting sector is gearing up for a period of intense activity. Among those to respond first to the announcement was Daniel Kustelski, CEO and co-founder of Chalkline Sports.
Speaking with SBC Americas on Monday he commented: “The US Supreme Court ruling is a huge step forward. Most importantly, this immediately presents a clear opportunity for states to take the baton and get it right. States must determine reasonable regulatory frameworks, player protections and a clear path to market engagement for the industry.”
Kustelski also warned of the need to begin work immediately as the market will move swiftly to win the hearts and minds of a nation that is clearly in love with sports betting. He explained: “In the meantime, gaming operators have an opportunity to get a head start, if they have not done so already. Competition for the American sports bettor will be fierce during the coming years, and savvy operators will be moving today.”
There was a quick response also from MGM Resorts International which said it applauded the Court’s decision to “…allow states the opportunity to protect consumers and benefit the public by regulating and taxing sports betting.” An official statement read: “We look forward to working with legislators and policy makers to achieve a regulatory outcome that benefits states and consumers alike while ensuring the integrity of sports.
“Having spent decades building trust with regulators, successfully operating sports books in Nevada, and hosting the world’s leading sporting events, MGM Resorts International is extremely well positioned for a post-PASPA environment.”
