PIXELS, PROFITS, AND POLICY: SHAPING THE FUTURE OF ESPORTS BETTING WITH ETHICAL REGULATION, RESPONSIBLE GAMING, AND STRATEGIC INDUSTRY INNOVATION.

Autor: Grounds, Dane
Předmět:
Zdroj: Journal of Law, Technology & Policy; 2024, Vol. 2024 Issue 2, p411-448, 38p
Abstrakt: As the global popularity of esports surges, the parallel growth of esports betting demands a nuanced regulatory approach. The current legal landscape, with pioneering efforts from states like New Jersey and Nevada, illustrates both the potential and the pitfalls of incorporating esports betting into traditional sports betting frameworks. This Note analyzes the unique regulatory, ethical, and consumer protection challenges that esports betting presents, particularly given its appeal to younger audiences. Drawing on case studies, industry trends, and comparative legislation, it proposes a robust regulatory approach that balances economic opportunity with social responsibility. This Note argues that states should not only tax esports betting revenue but also reinvest a portion into industry integrity initiatives, educational campaigns on responsible gambling, and technological advances to combat match-fixing and underage betting. In doing so, states can create a sustainable, ethical model for esports betting that aligns with evolving digital engagement while safeguarding consumer welfare. Through informed regulation and reinvestment, the esports betting industry can advance as a legitimate and accountable sector in the broader sports betting ecosystem. [ABSTRACT FROM AUTHOR]
Databáze: Complementary Index