New online casino state launches could be stalled for 18 months or more, a panel of gaming industry stakeholders reaffirmed Monday.
Though existing markets have seen significant financial growth in the past several years, there appears little political momentum for more regulated online casino states. Speaking at a panel focused on iGaming investors, several industry figures agreed that it could be a significant time until a new market becomes available.
“It’s just not coming to fruition. It’s an election year,” said Lauren Sieler, Founder of Global Gaming Advisors, during Monday’s Earnings+More: Capital Markets Forum. “Everything is going to die at the end of the year.”
