Releases ‘Proposition 1’
By philip
Following launch of its ‘Right to Wager’ advertising campaign, today announced the launch of a public policy initiative, entitled: “Proposition 1: To Regulate or Prohibit Online Gambling?' which tackles head on the issue of gaming legislation in the US and which, the sportsbook hopes, will establish the ‘framework for sensible and realistic regulation of online gambling’.

The company has also organized a summit tour during September in New York, Washington, D.C., Chicago and Los Angeles, designed to bring together industry specialists, lawyers, academics and representatives of government bodies to encourage much needed debate on the US situation.

'As an emerging form of entertainment, online gambling is growing exponentially and is here to stay in the U.S. Efforts in Congress to develop legislation have stalled and are otherwise polarizing people. The Department of Justice's approach is also counterproductive. There's a public policy vacuum on the issues and it's in the best interests of consumers for industry to step in and help focus on what's most important to consider and accomplish in creating legislation,' said David Carruthers, CEO of BETonSPORTS.

BETonSPORTS plans to publish the findings from the initiative in a white paper in November, following the presidential election. The company also plans to organize a series of college campus debates and continue its advertsing campaign on TV and in print.

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