The controversy that has erupted over a proposal to sell California’s lottery may be a sign that the frenzy of interest by US states in lottery privatization has peaked. California Gov. Arnold Schwarzenegger has been forced onto the defensive over his $37 billion lottery sale estimate after criticism it dramatically overstates its worth to potential buyers.
The global gambling industry is in a state of constant flux, evolving and growing at pace. The regulatory landscape requires professionals to stay on top of an increasing volume of complex regulatory demands.
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