Add Bet365 Becomes Latest Operator to Exit American Gaming Association
commit
acbe28b704
|
|
@ -0,0 +1,10 @@
|
|||
<br>Another has exited the American Gaming Association. bet365 confirmed that it has left the gaming industry [association](https://code.paperxp.com/pamelanock576).<br>
|
||||
<br>- bet365 has become the latest [operator](http://www.renatoricci.it/wp/cost-of-generic-lipitor/) to exit the American Gaming Association.<br>
|
||||
<br>- The move follows similar [departures](http://aristarchus.unige.net/en/Home/SetCulture?returnurl=https://Www.Torobravo.net/project/couleurs-dautomne-2009/couldautomne_2009_01_720pix_web/) by FanDuel and DraftKings, though bet365 has not cited prediction markets as the reason for its exit.<br>
|
||||
<br>- The explosion of prediction markets has continued to serve as a point of contention within the AGA, as several organizations have similarly exited in recent months.<br>
|
||||
<br>"As a digital-first operator, bet365 has pulled back from the AGA due to the organization's focus on the retail casino industry," a bet365 spokesperson told Covers on Tuesday. "We greatly value our industry partnerships and remain committed to working constructively with regulators and partners across the markets in which we operate."<br>
|
||||
<br>The decision follows in the footsteps of fellow major [operators FanDuel](http://35.207.205.183000/casiesleath677) and DraftKings, both of whom exited in November 2025. Both chose to exit in the hopes of expanding into the prediction market space.<br>
|
||||
<br>"Our position is clear and unwavering: sports event contracts are gambling, and gambling is regulated by states and tribes," AGA CEO Bill Miller wrote in a December 2025 membership letter. "In 2026, we will continue to defend this framework and uphold state authority and tribal sovereignty."<br>
|
||||
<br>Prediction markets [emerging](https://qr-th.com/vitomclamb6196) as [major industry](https://www.herzog-it.de/suzannecorones) factor<br>
|
||||
<br>While bet365 cited retail casino - not [prediction markets](https://philmorrisphotography.com/2015/09/01/top-quality-design/) - as the reason for its departure, it has become clear for some time now that, despite [ongoing regulatory](https://www.garagesale.es/author/hattiegatli/) concerns, major operators see potential for a huge opportunity by entering the [prediction market](https://www.epesuj.cz/wiki/index.php/U%C5%BEivatel:BrigidaFtn) space.<br>
|
||||
<br>"FanDuel has built our business by maintaining strong industry partnerships. We value the spirit of collaboration that comes with these relationships," a FanDuel spokesperson said in November. "But as we expand into prediction markets, we recognize this direction is not aligned with the American Gaming Association's current priorities for its member operators.<br>
|
||||
Loading…
Reference in New Issue