iDEA Growth Statement On DC Council Passing Sports Betting

MOBILE BETTING PROVIDES CONVENIENCE AND CONSUMER SAFEGUARDS

Upon passage of the “Sports Wagering Lottery Amendment Act of 2018” in the Council of the District of Columbia, iDEA Growth founder, Jeff Ifrah released the following statement:

“Legalizing sports betting allows D.C. betting enthusiasts to engage in their favorite pastime online and from their phone, allowing for convenience and mobility, but most importantly in a secure environment under regulated consumer protections. With passage of this bill, the Council has recognized the importance of replacing the offshore industry with an onshore industry that protects consumers and provides important safeguards. We hope that D.C. will follow the lead of other states and encourage competition among operators.”

BACKGROUND: iDEA (iDevelopment and Economic Association) is a 501(c)(3) association which seeks to grow jobs and expand the online interactive gaming business in the United States through advocacy and education. The Association’s membership is comprised of national and international businesses with online interactive entertainment platforms operating or considering operating in the United States.

Source: iDEA Growth