Gaming Leaders Tackle Regulation and Responsible Gambling at NEXT Summit 2025
The NEXT Summit New York 2025 brought together industry leaders to explore the future of gaming and wagering. Key discussions centred on regulatory challenges, economic pressures, and responsible gambling practices. Experts shared strategies for managing crises in an ever-changing sector. The summit featured a panel with Penn Entertainment’s Christopher Soriano, BetMGM’s Jeremy Kolman, and attorney Tom Lee. They stressed the need for a strong culture of transparency and compliance to handle crises effectively. Collaboration between compliance teams and senior executives was also highlighted as essential for reducing risks.
Drive by DraftKings CEO Meredith McPherron addressed the impact of market volatility on gambling businesses. Despite economic challenges, she remained optimistic about the industry’s ability to adapt and recover. Panelists agreed that responsible gambling (RG) should be a central part of corporate strategy rather than an afterthought. The conversation also turned to tax policies, particularly in Tennessee, where gambling tax allocation remains a contentious issue. Experts emphasised the importance of strategic flexibility as regulations and market conditions continue to shift. Regulatory scrutiny and economic uncertainty were recurring themes throughout the event.
The summit underscored the need for gambling operators to prioritise compliance, transparency, and responsible practices. Industry leaders left with a clearer understanding of how to navigate economic volatility and regulatory demands. The discussions set the stage for future policy and business strategies in the sector.
