Massachusetts regulator urges federal lawmakers to consider rules for betting firm advertising
Jordan Maynard warns the US industry has become ‘a highway without limits.’
Key Points
- The sports betting market has grown exponentially since the US Supreme Court lifted the federal ban seven years ago
- Massachusetts gaming regulator Jordan Maynard is calling for higher accountability in the US gambling industry
One US regulator has voiced warnings regarding betting ads, according to a recent report in The Guardian.
Massachusetts Gaming Commission Chair Jordan Maynard feels the US “must consider new rules on betting ads as operators lobby against federal crackdown.”
According to Maynard, the industry in the US has grown to resemble “a highway without speed limits.”
“When I think about the industry right now, I see cars without seatbelt dingers,” he said in an interview with The Guardian. “Regulators are who put the seatbelt dingers in. I don’t think the car manufacturers just woke up one day and decided to annoy whoever’s driving the car until they put their seatbelt on.
“And so I think that’s the perfect place for a regulator to be: to come in and say, you know, we’re not going to prevent every crash that could happen, right? But what we’re going to do is make sure that people are educated in what they’re doing; that they’re trained up to a certain standard before they ever do it; make sure that those who seek to benefit economically from this industry are held to high standards.”
Maynard is now encouraging legislators in Washington DC to consider implementing rules nationwide regarding advertising by betting firms.
To date, 38 states have embraced regulated sports betting since the US Supreme Court overturned the Professional and Amateur Sports Protection Act of 1992 (PASPA) in May 2018, also known as the Bradley Act.
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