IMGL Magazine September 2024

EDITORIAL

to value the US gaming marketplace. Since sports betting legalization started in May 2018 with a landmark Supreme Court ruling, the size of the legal market has been tracked and reported. Its growth has been impressive but has to be seen in the context of a large and persistent rump of offshore operations. Sizing this market is inevitably about extrapolation. Yet, a new approach seems to reveal a more complete picture. The results are startling with the licensed gaming and betting markets dwarfed by offshore operators. Size really does matter here: this is the size of the market that is going untaxed and at the same time the size of the opportunity for licensed operators to attack. Having put some numbers to the challenge, it is up to regulators and operators together to work out how to tackle it.

Yours sincerely, Simon planzer@planzer-law.com

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IMGL Magazine is owned, published and distributed by: The International Masters of Gaming Law PO Box 27106, Las Vegas, NV 89126 USA The IMGL is a domestic non-profit corporation registered in Nevada, U.S. with registration number NV20121147120 Editor in Chief: Simon Planzer PhD, planzer@planzer-law.com Publication & Marketing Committee: Co-chairs , Stephanie Bell and Simon Planzer Members : Henrik Hoffmann, Kok-Keng Lau, Christine Masse, Peter Kulick, Anna Soilleux-Mills, Veronique dos Reis Head of Publications: Phil Savage phil@IMGL.org Design and production: SportBusiness Communications. Copyright: All rights reserved to IMGL. No part of this publication may be reproduced or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise without prior permission from the publisher. The articles expressed in this publication do not necessarily reflect the views of IMGL but those of the authors. The publisher and editor do not accept any liability for the contents of the authors’ contributions.

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