“Online Casinos: Executives Bet Big!”,

As the fifth anniversary of PASPA’s overturning approaches, the CEO of BetMGM, the president of FanDuel, and the CEO of Rush Street Interactive took part in a panel discussion at the SBC Summit North America in Secaucus, New Jersey to discuss the future of iCasino. Despite being currently legal in only six states, the executives are optimistic about the future of online casinos. Richard Schwartz, CEO of Rush Street Interactive, stated that “in all the markets we have casino and sports betting, about 75% of the revenue comes from online casino”. The executives believe that the expansion of iCasino is inevitable, with new states learning how to regulate gaming online and searching for new sources of revenue. However, the executives concede that state governments play an outsized role in whether online casino laws pass, and companies that are not proactive about this move could be left in the dust.