Vic Salerno, President, US Fantasy, the Las Vegas head-quartered provider of skill-based fantasy wagering contests, has underlined the importance of the forthcoming Sports Betting USA conference (November 14 to 15, Convene, New York), arguing that it will play a central role in educating opinion formers and help to achieve the ultimate goal of finding a suitable regulatory framework that will benefit all key stakeholders, on both the sports and gaming side.
Mr. Salerno, one of 50 authorities who will be sharing their vision and insight at Sports Betting USA, believes there’s an appetite among US citizens for safe and legal opportunities to bet on sport, citing the success of off-shore online bookmakers. He said: “The question is, would you rather bet with Caesars Palace or the State of New Jersey instead of an off shore bookmaker where you have no control of your money and have no guarantee of being paid?”
He added: “It (sports betting) has been successful in Nevada since the mid ’70’s and I will be explaining the Nevada model and how it could work in other jurisdictions. We have to educate the legislators and the regulatory authorities on how betting on games legally will help keep the game honest by seeing where the money is being bet and tracking who’s betting. This conference, the first of its type to be held in the United States, will hopefully be a guide for future forums and in the process achieve the legalization of sports betting across the USA.”
Sports Betting USA is the first event dedicated exclusively to the development of sports betting in the USA. Produced by the team at Clarion Gaming, Sports Betting USA will explore the legislative path to the repeal of PASPA; demystify misconceptions around sports integrity; outline data monetization strategies, fan engagement opportunities; new revenue streams for rights holders and present routes to a regulated market for operators wishing to add this vertical to their offer. Amongst a host of opinion formers and thought leaders, Sports Betting USA will feature contributions from the Nevada Gaming Control Board, the American Gaming Association and former CEO of Liverpool Football Club, Rick Parry.