Prohibiting TV advertising for sports betting.

In the UK, there have been growing calls for this kind of mandatory industry tax to pay for gambling addiction treatment. I believe the funding for this research, as well as educational outreach and treatment programs, should come from a direct tax on sports betting revenue. We must do more research about the financial, mental health and addiction risks associated with sports gambling. Many sports fans simply don’t know about the harm online sports betting can have.

Researching the dangers and educating the public.

I don’t advocate for a total ban on sports gambling, but we need to make it much safer, starting with the following actions:

Young people have higher rates of gambling problems than adults 75% of students gambled, according to data from 2018Īs online sports betting becomes more accessible and socially acceptable, especially among younger fans, we can expect these problems to intensify unless we take decisive action now.

Aggressive marketing and advertising promotions make it more difficult for sports bettors who are trying to reduce their gambling.

Sports bettors who use mobile devices have a higher incidence of problem gambling.

45% of sports betting now takes place online this is problematic because online gambling is available any time, providing more convenience and privacy.

Sports bettors have higher rates of gambling problems than other gamblers (at least twice as high), and gambling problems increase with online betting.

In a review of more than 140 studies and reports related to sports betting and gambling addiction, the National Council on Problem Gaming released a statement saying, “recent research suggests that gambling problems may increase as sports gambling grows explosively at the same time that mobile and online technologies evolve to create seemingly unlimited types of wagering opportunities.”

The Dangerous Intersection Of Tech And Gambling Plenty of people stand to make money from sports betting, but so far, there are few laws or other controls in place to protect consumers from misleading or predatory marketing tactics. New multibillion-dollar marketing niches will expand as media and tech startups compete for consumer attention. If betting becomes legalized in all 50 states, estimated revenues will exceed $19 billion a year.

generated $1 billion in revenue in 2020, and that number is projected to grow sixfold by 2023.

Online sports betting controversy usa