I would describe them as pessimistic rather than irrational. They just believe that instead of going with an option like you proposed, companies will push toward unregulated options.
Since I don't know their backgrounds and don't have any background working with video game company executives it's hard to tell which options are more likely.
Since I don't know their backgrounds and don't have any background working with video game company executives it's hard to tell which options are more likely.