The increasing popularity of sports betting in America, highlighted by events such as March Madness and the upcoming NBA and NHL playoffs, is drawing attention and concern from various quarters. The industry, now legal in thirty-eight states and D.C., has seen a proliferation of mobile betting apps and online sportsbooks, turning into a multibillion-dollar sector. However, this boom is also raising alarms about a growing culture of addiction. In response to the backlash from legislatures and Congress, particularly over issues like 'prop bets' leading to harassment of athletes, the industry has pledged $20 million to responsible gaming efforts. This move comes as more states consider banning such bets, and as stakeholders, including the Congressional Gaming Caucus, call for measures to ensure the activity remains safe, legal, and fair.
Thirty-eight states and D.C. allow sports betting, spawning a proliferation of mobile betting apps and online sportsbooks representing a growing, multibillion-dollar industry, the Editorial Board writes. "It’s also spawning a culture of addiction." https://t.co/pM4n5QaAQY
March Madness and the upcoming @NBA and @NHL playoffs have introduced more people to sports betting than ever. As Co-Chair of the Congressional Gaming Caucus, I joined @NewsNation to discuss what is needed from leagues and industry partners to keep gaming safe, legal, and fair. https://t.co/uyOr8EoNG0
As blowback to sports betting grows in legislatures and Congress, the fast-growing industry is pledging $20 million to responsible gaming efforts. @howardstutz has more in the Indy Gaming newsletter: https://t.co/2TxDFhDUlR
Indy Gaming: More states banning ‘prop bets,’ citing harassment of athletes As blowback to sports betting grows in legislatures and Congress, the fast-growing industry pledges $20 million to responsible gaming efforts. https://t.co/B7LF9OxW9B @TheNVIndy
A new March Madness? America is getting addicted to sports betting, the Editorial Board writes. https://t.co/asGx9fxcuh