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.
Fans celebrate at the William Hill Sports Book in Atlantic City, N.J.
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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.
Only about 10% of people with a gambling problem ever seek treatment.
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Sports wagering apps bring in-play betting right to the palm of your hand. Easy, ever-present access can lead to excitement and fun – or problem gambling.
The country’s history of state-sanctioned gambling goes back to the early 19th century.
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The opportunity to place bets has changed the way games look, the way they’re talked about – and, of course, how many people have money riding on the outcome.
Rachael Blackmore is among the top jockeys in the UK.
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For years, we’ve taken major sporting events, a public holiday, added alcohol and gambling, then watched domestic violence rates rise. It’s time we did something different.
Since 2018, more than 30 states in the U.S. have legalized sports betting.
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Any increase in people seeking help for gambling disorders could overwhelm the nation’s treatment centers, which already find themselves overextended and underfunded.
Professor of Economics and Finance. Director of the Betting Research Unit and the Political Forecasting Unit at Nottingham Business School, Nottingham Trent University