Dangers and Risks: Potential Harms of Regulated iGaming in Maine
Date: 2024-04-30 Author: Alex Crawford Categories: EVENTS, PEOPLE
Confronted with the potential introduction of regulated iGaming in Maine, Steve Silver, chairman of the Gaming Control Board, raised concerns about the negative economic and social impacts of the move.
Dangers of Gambling
In a statement to The Portland Press Herald, Silver highlighted the dangers of legalizing Internet gaming, especially its impact on young people and the potential for worsening gambling addiction problems.
While raising doubts about the monopolistic nature of iGaming regulation and its potential economic consequences, Silver calls for greater oversight and transparency in the decision-making process.
Economic Damage and Job Loss
He warns of possible economic damage associated with gambling monopolization and job losses, as well as potential revenue losses for the state.
Silver concludes by calling for a cautious approach and a thorough assessment of potential impacts before enacting any legislative changes to protect the interests of residents and the state's economy.
