Gaming Industry Optimistic About Trump Administration’s Business Approach

Gaming executives feel good about what Donald Trump‘s team might do for them pointing to its business-friendly approach and expected cuts in federal rules. 

Bill Miller and Key Players Discuss Impact of Trump Policies on State Gaming Rules

At the National Council of Legislators from Gaming States (NCLGS) meeting on December 13 key players said the Trump administration‘s policies would give the industry a boost by putting state-level rules first.

Bill Miller, who heads the American Gaming Association, said Trump’s presidency and Republican control of Congress would create a good environment for growth, as reported by Covers. He pointed out that well-known business leaders close to Trump, like Elon Musk and Vivek Ramaswamy, show a focus on cutting red tape. Miller stressed that if the federal government stays out of the way, states can keep their successful control over gaming rules.

Miller also talked about recent federal plans such as those to regulate sports betting, which the industry dislikes. He felt hopeful that the administration knew state-level systems work well, so it would keep fighting against broad federal rules.

While recognizing the possible advantages, Miller pointed out the unknowns the new Congress brings, with many first-time lawmakers in its ranks. Yet, he highlighted that a lot of these members have dealt with gaming laws in their states before, which might lead to a seamless shift in handling regulations.

Leaders Discuss the Evolving Public Perception of Gambling

Even with all the positive outlook, there are still hurdles to overcome. The federal Wire Act, which was created to limit interstate sports betting, continues to be a recurring issue. When the Trump administration decided to interpret the act more broadly, it put online gaming at risk. This decision influenced by the late casino tycoon and online gambling critic Sheldon Adelson, was later overturned in court. 

Dave Rebuck, who used to head New Jersey’s Gaming Enforcement division, emphasized the need to stay alert. However, he was hopeful that the industry’s performance so far would keep further meddling at bay.

Speakers also pointed out the big change in how people view gaming. National surveys show more people accept gambling now, which makes it less risky for politicians to back pro-gaming laws. Shawn Fluharty, who heads the NCLGS, said that fewer people going to church and changing social norms have weakened old opposition.

Haley Barbour, who used to be Mississippi’s governor, looked back on how pushback against casino gaming in his state had lessened over time. He said it is no longer a controversial political issue. Big names in the industry at the meeting agreed with this view. They felt hopeful that changing social attitudes and helpful policies would allow gaming to keep growing in the coming years.

Source link

Open Betting Account

Leave a Reply

Your email address will not be published. Required fields are marked *

New Casinos
Unlock exclusive bonuses and dive into a world of  sport betting, vibrant slots and live dealer games with 1xBet casino.
Stars Casino: Get $100 bonus cash + 200 bonus spins
Ocean Casino: 200% match bonus up to $500 + 20 bonus spins
1 Free Spin credited for every $1 deposit. Up to $100 + 100 Spins
Monte Casino: Get 10 no deposit spins + $100 Bonus
Claim a 100% deposit bonus up to $250 + free spins