Prominent gaming industry lobbyist Bill Pascrell III asked Andrew Winchell, director of government affairs for FanDuel Group, to name what he saw as the “three most seminal events that have most impacted online [gambling]” in recent years.
Winchell’s answers for the SBC North America webinar audience during a Wednesday panel were telling.
First, he chose the passage of online casino gaming in New Jersey in 2013.
“New Jersey proved that market could exist, and work well,” said Winchell of an industry that produced $107.7 million in gross revenue for operators in April. “There was a lot of concern about cannibalization of land-based facilities, but in fact it has helped them grow as it drove new customers to those land-based facilities.”