Gambling boss: US failures on regulation could harm European bookies in that market

Charles Gillespie, chief executive of Dublin-based the Gambling.com Group, has said that some American states are not taking regulations in other countries into account as the lucrative sports betting market opens up in the US

Charles Gillespie, chief executive of the Gambling.com Group: the company announced second quarter revenues of $10.4 million, a 66 per cent increase compared to $6.3 million in the same period last year

The failure of US politicians to appreciate the problem of gambling addiction could lead to regulatory issues for European operators establishing in the country, the co-founder of an Irish-based firm has warned.

Charles Gillespie, chief executive of the Gambling.com group, said that the rush by states to open up their markets to online betting and generate tax revenue is not taking account of regulations in other countries.

Gambling.com and the group’s other sites work as ...