PLLAY Labs, Inc adds Mark Lipparelli, former Nevada Gaming Control Board Chairman to its Strategic Advisory Board prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
A Friendlier Legal Infrastructure is Accelerating the Growth of Online Gambling
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NEW YORK, April 5, 2021 /PRNewswire/ The online gambling industry has seen steady growth in its popularity for several years. However, the pandemic and its consequences have pushed the demand even further. Two major segments of the online gambling industry are online gaming (i-gaming) and sports betting. Both have proved to be pandemic proof segments. The sports betting segment in particular has benefited from a continuously improving and friendlier legal infrastructure. As a result of the evident spike in demand, Morgan Stanley reported that it now projects that the domestic sports betting industry will reach revenues of about USD 7 Billion by 2025, a major increase from the USD 5 Billion projected in June 2018 and reiterated last December, Casino.org reports. Trident Acquisitions Corp. (NASDAQ: TDAC), DraftKings Inc. (NASDAQ:
Posted on 4
Lottery.com (the “Company”), a leading platform that allows its users to play the lottery online, announced today that Katie Lever has been appointed the Company’s first chief legal officer, who will be further supported by gaming compliance experts on the board of advisors, Mark Lipparelli and Ron Hopkinson. The Company is seeking to continue its expansion efforts and will leverage the combined legal and compliance expertise of these industry professionals to build the future of digital gaming.
Lever previously served as General Counsel to some of the gaming industry’s largest global suppliers, including through the mergers of SHFL entertainment, Inc., Bally Technologies, Inc., Scientific Games Corp. and, most recently, as Chief Legal Counsel to Drew Las Vegas, a planned $4 billion integrated resort and casino on the Las Vegas Strip. She is a recognized gaming law specialist and an expert in complia