Increase in online gambling a concern for teens
The Wisconsin Council on Problem Gambling says they’re seeing a huge boom in when it comes to teens struggling with problem gambling.
The Wisconsin Council on Problem Gambling says they’re seeing a huge boom in when it comes to teens struggling with problem gambling.
The Campaign for Fairer Gambling (CFG) applauds the decisive action taken by the Information Commissioner’s Office (ICO) against Sky Betting and Gaming (SBG) for the unlawful use of customer data and the unauthorized use of cookies. The ICO’s investigation has uncovered unethical data profiling and cookie practices that have long exploited consumers.
Internet gambling in New Jersey had its best month ever in August, bringing in over $198 million in revenue even as most of Atlantic City’s land-based casinos continued to win less than they did before the COVID-19 pandemic.
The Campaign for Fairer Gambling (CFG) considers the introduction of the SAFE Bet Act a watershed moment in the inevitable political backlash against internet gambling ubiquity in the United States. Introduced by Representative Paul Tonko (D-NY) and Senator Richard Blumenthal (D-CT), this bill brings much-needed federal oversight and accountability to a rapidly growing sector that has seen few guardrails.
A new study from the University of Kansas reveals that every dollar spent on online sports betting translates into two dollars not invested in retirement savings.
South Carolina lawmakers are gearing up for a renewed effort to legalize online sports betting when the General Assembly reconvenes in January, driven by the lucrative potential and the success of neighboring states.
Since the U.S. Supreme Court opened the doors for sports betting in 2018, several states have profited from the competitive market. One state enjoying the regulated sports betting market is Pennsylvania. Reports stated that gambling calls in the state jumped 70% year-over-year.
Online sportsbook giant DraftKings lost its motion to dismiss a lawsuit filed in Middlesex Superior Court last December over its $1,000 signup bonus promotion, which the suit called “unfair and deceptive.”
Thirty-eight states offer some sort of legal sports betting. Eight of those only permit in-person wagers.
A recent study by the University of California San Diego finds the legalization of online gambling enhances state revenues, but it also leads to more irresponsible betting, especially by lower-income consumers.