FOR IMMEDIATE RELEASE
March 4, 2024
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JMI Releases New Backgrounder on Gaming
Online gaming, whether it’s games of chance or skill, makes watching sports fun for many. From a strictly entertainment angle, it can make sports fans of non-fans, and it can make better fans of sports fans. From a fiscal angle, there currently exists an expansive gaming market in the United States in the hundreds of billions of dollars. That level of activity requires a commitment on the part of policymakers to protect competition and ensure that dominant players (monopolies/duopolies) are not engaged in anticompetitive behavior.
In a new backgrounder, “Taking a Chance: Market Dominators Game the System,” JMI Senior Fellow Bartlett Cleland lays out existing law as well as Supreme Court precedent related to the differences in gaming and gambling and explains the importance of competition in the marketplace.
“Too often we see companies gaining a comfortable market position and then, instead of working hard to secure that position, they turn to government to encourage regulations that block out new competitors. Government should not be part of the equation for private sector success – rather, winning over consumers should dominate.” — Bartlett Cleland, Senior Fellow, The James Madison Institute
Click here to read “Taking a Chance: Market Dominators Game the System.”
