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G2E panel debates whether sweepstakes sites constitute gambling

Regulation

Speakers at a G2E panel in Las Vegas disagreed over whether sweepstakes and social-gaming sites constitute gambling. Light & Wonder’s Howard Glaser argued that some sweepstakes transactions amount to unlicensed gambling, while Ifrah partner Michelle Cohen and Eilers & Krejcik’s Matt Kaufman said some social-gaming models are not gambling; a Michigan Gaming Control Board official also described illegal real-money sites operating without age controls or testing.

Operators and suppliers face differing views on how gambling rules apply to sweepstakes and social-gaming models.

End-of-day close Light & Wonder (LNW), AUD, to 25 November 2024
Story date27 August 202425 November 2024

Latest reported results

Light & Wonder ASX: LNW

Quarter ended 30 September 2026

Revenue
USD 824.0m10-Q filing 0000750004-26-000047
Operating income
USD 242.0m10-Q filing 0000750004-26-000047

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