iGaming B2B
Founded
1993-01-01
Headquarters
7 Kukush Street, Sofia 1345, Bulgaria
Email
marketing@gamespectrum.bg
Phone
+359 2 812 9474

Spectrum Gaming Group is a non-partisan consultancy that has provided independent research, economic analysis, and policy advice on legalised gambling worldwide since 1993. The firm works with public- and private-sector clients across all sectors of the legalised gambling industry, including state, tribal, and national governments, casino operators, suppliers, regulators, developers, investors, and law firms. Its expertise covers the full spectrum of legalised gambling—from land-based casinos and lotteries to online gaming, sports betting, and esports. The group has completed assignments in 45 U.S. states and territories as well as more than 50 countries on six continents. Its team of renowned experts is frequently called upon to advise on market feasibility, regulatory frameworks, economic impact studies, and litigation support. Spectrum Gaming Group is also known for its role as Executive Director of several industry trade associations, including the National Council of Legislators from Gaming States (NCLGS). Through its affiliated entities—Spectrum Gaming Capital, Spectrum Gaming India, and Spectrum Gaming Academy—the firm extends its reach into investment banking, emerging-market consulting, and professional training for gaming regulators and operators.

Detailed Review

History

Spectrum Gaming Group was founded in 1993 by a group of gaming policy and economics experts. The founding partners recognised that the rapid expansion of legalised gambling in the United States and abroad required rigorous, impartial analysis to guide government decision-making and industry best practices. Over three decades, Spectrum has built a reputation for delivering high-quality, data-driven research that helps clients navigate complex regulatory environments, assess market opportunities, and evaluate the social and economic impacts of gambling.

Business Model

Spectrum’s core services include economic and market feasibility studies, regulatory and policy advisory, litigation support, strategic planning, and training and education. The firm does not operate as a platform provider or operator but earns revenue through consulting contracts, expert testimony, and commissioned research. Its affiliated entities—Spectrum Gaming Capital (investment banking), Spectrum Gaming India (emerging-market consulting), and Spectrum Gaming Academy (professional certification)—allow the group to serve clients across the full lifecycle of gaming projects.

Market Position

Spectrum Gaming Group is one of the few consultancies with a truly global footprint and deep ties to both the public and private sectors. It has worked in 45 U.S. states and territories and 50+ countries. The firm’s role as Executive Director of NCLGS underscores its influence on gambling policy at the state legislative level. Competitors include other specialised gaming consultancies such as Eilers & Krejcik Gaming, Gambling Compliance, and H2 Gambling Capital, but Spectrum differentiates itself through its non-partisan positioning and long-standing relationships with governments.

Recent Developments

In recent years, Spectrum has expanded its focus to include online gaming and sports betting, advising clients on the unique regulatory challenges and market dynamics of these rapidly growing sectors. The firm also monitors emerging trends such as esports wagering, skill-based gaming, and the intersection of gambling with cryptocurrency and blockchain technology. Spectrum’s research is widely cited in academic literature, government reports, and industry publications, and the firm regularly publishes thought leadership pieces and white papers on topics such as tax policy, problem gambling prevention, and the economic effects of casino development.

Key Products

  • Spectrum Gaming Group (Core Consultancy)

    Economic feasibility studies, policy advice, litigation support, and strategic planning for gambling stakeholders worldwide.

  • Spectrum Gaming Capital

    Investment banking affiliate providing M&A advisory, capital raising, and financial restructuring services to gaming companies.

  • Spectrum Gaming India

    Dedicated practice focusing on the emerging Indian gambling market, including casino, lottery, and online gaming sectors.

  • Spectrum Gaming Academy

    Professional training and certification arm offering courses for regulators, compliance officers, and industry personnel.

Key Persons

Exhibition History

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