When the US Supreme Court legalized sports betting, states were quick to get in on the action. But as lawmakers grow reliant on taxes from betting, what do they owe problem gamblers?
What makes the NFL’s embrace of gambling so striking is that for most of its history, the league had pushed the government for stricter regulations – not more lenient ones.
The new UK white paper reforming the gambling laws for the digital age says nothing about one of the most concerning new developments in this field in the past 20 years.
With few regulations in place, gambling companies are going all-in to attract as many customers as possible – with younger, sports-obsessed and smartphone-savvy Americans particularly vulnerable.
Researchers who analyzed every sports bet placed online since 2018 found that young adults are the fastest-growing group of bettors, with more than 70% of them placing in-game bets.
Professor of Economics and Finance. Director of the Betting Research Unit and the Political Forecasting Unit at Nottingham Business School, Nottingham Trent University