Delegates attending Sports Betting USA (SBUSA), the two day conference held in New York (14th & 15th November), have recommended a plan of initiatives to expedite the introduction of regulated and responsible sports betting across the country.
Announced by event organiser Ewa Bakun at the conclusion of SBUSA, the so called Clarion Accord comprises the following five point plan:
- Make consumer protection and long-term health of the player the utmost goal through pro-active, considerate and sustainable Responsible Gaming strategies that encompass impact not just now but in the future.
- Seek sports industry's buy-in by providing comfort, through an educational effort, that its commercial, reputational and integrity goals are fully met.
- Action a transparent and inclusive lobbying effort that considers the interests of all stakeholders, both gaming and sports, for a consistent message to policy-makers.
- Protect the integrity of sports through regulatory framework consistent across the states and enabling full cooperation between sports, gaming, regulatory and enforcement stakeholders.
- Create a sustainable regulatory and taxation environment that instills trust for the consumer, provides revenues to the state budgets and roots out the illegal market.
Reflecting on the first edition of Sports Betting USA, Ewa Bakun stated: “I would like to thank all of the participants who made a really important contribution to the success of Sports Betting USA. The presentations were of the highest calibre and the full to capacity audience of delegates from both the sport and gaming sectors ensured a dynamic debate of the issues during the informal and organic networking which continued throughout the evening. In order to capture the essence of Sports Betting USA we have drawn up a summary of the two days and captured the mood in the form of a five point plan. We hope the Clarion Accord can be used as the basis for further debate and as a template from which both sport and the betting sectors can drive change and deliver a regulated industry which protects the interests of the consumer and the integrity of sport.”
The positivity and optimism was reinforced by those attending what was an historic event. Karl Bennison, Chief of Enforcement at Nevada Gaming Control Board, stated: “It’s been such a great spectrum of speakers and attendees with everything from operators to regulatory bodies, to foreign jurisdictions I’ve learned a lot and I really value this opportunity at this time.
"The level of demand for this show highlights what a key topic this is and going into the future it all depends on the Supreme Court’s decision, if it opens up there will be a increased demand as new states come on board and need to learn about the industry. In saying that, I think the consensus is that even if it doesn’t change next year, the decision will be made in the next few years so whatever the outcome of the ruling, I think there will continue to be value in an event like this."
Echoing this view, Cathy Beeding, Vice President and General Counsel at Island View Casino Resort, explained: “The Sports Betting USA Conference in its inaugural year has just been fantastic, completely packed full of information that is valuable to operators, suppliers, regulators. Basically the entire ecosystem A-Z was covered in this conference in an efficient and fun way, very well managed by Clarion and the team. I hope to see it evolve into the other areas of sport wagering and whatever sports betting turns into in America."
She added: "I think this event is going to become even more interesting going forward, even if PASPA is upheld, this topic isn’t going to go away because you’re going to see some states which have a ton of smart people in them with a ton of really smart lawyers, and operators who are seeking revenue all trying to find a way to get in the game and Sports Betting USA is the place to do that."
Pre-register for Sports Betting USA 2018 and we will be in touch when registration is open.