New York Governor Kathy Hochul has signed a new bill into law that will require warnings about addiction in all gambling-related advertising in the state. The message must talk about the dangers and possible consequences of problem gambling.
Ex-Jags employee Amit Patel is suing FanDuel for $250 million, claiming the company exploited his gambling addiction that led to him stealing $22 million from the team. The lawsuit alleges the company flooded him with messages tempting him to continue gambling.
Nevada Rep. Dina Titus has become the first member of the US Congress to publicly oppose the recently proposed SAFE Bet Act, calling it a “misguided” effort. The bill aims to give the federal government the power to regulate all sports betting.
Two lawmakers have proposed the SAFE Bet Act, which would completely overhaul the US sports betting industry. The proposal would reset the market, handing control over to the federal government. The bill would also add severe advertising restrictions and protections for bettors.
A study from the University of Bristol showed that most US sportsbooks’ social media posts do not include verbiage about responsible gaming. The AGA confirmed the study was likely correct but also clarified that sportsbooks are not required to include it in non-sponsored posts.
Underdog Fantasy has announced that the Game Safety Institute will be its next GuardDog fund recipient, furthering its commitment to support responsible gaming initiatives. The funds will educate bettors and study and disseminate data to help curb gambling problems.
The American Gaming Association has released a new policy questioning the fairness of sweepstakes sportsbooks, which are currently unregulated in the US. While no legal action will be taken, the new policy shows the group’s plans to reign the industry in.
