|The consulting firm MECN has presented the results of its latest survey entitled ‘Future of Online Gambling after the Shockwaves’, through which approximately 100 industry experts have offered their personal insights and assessments regarding the critical issues that the online gambling industry currently faces. |
In the light of US Authority action against various members of the online gaming industry, which resulted in the imprisonment and subsequent sacking of BetOnSports CEO David Carruthers, there has become an increased demand for inside opinion on the industry’s predicament, and the alternatives on offer.
The MECN survey targeted experts who are currently employed by online gambling companies and included many industry leaders. Results show that 98% of online gambling experts believe that the recent shockwaves will have a medium-term impact on the industry, and that 88% believe that the arrest of David Carruthers is not solely a problem for BetOnSports, but rather a serious problem for the whole industry.
Other results point to a less unanimous verdict on the role of the stock market, with 35% believing that the stock market overreacted in the wake of the crisis, whilst the majority of insiders adopting the view that planned online gambling IPOs are likely to be either postponed or cancelled.