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☆ U.S. lawmakers introduce bill to put regulations on sports betting operators
  + stars: | 2024-09-13 | by ( Jessica Golden | ) www.cnbc.com   time to read: +6 min
Six years later, sports betting has exploded across the United States, as 38 states have legalized it. The bill addresses three key areas tied to sports betting: advertising, affordability and artificial intelligence. It would mandate gambling operators ensure customers who wager more than $1,000 can afford to do so. "The gambling industry is following a playbook developed by the tobacco industry and this is a direct threat to public health," said Richard Daynard, a law professor and president of the Public Health Advocacy Group at Northwestern. The sports betting operators, meanwhile, are fighting back and saying the industry has brought benefits.
Persons: Sen, Richard Blumenthal, Paul Tonko, Conn, Tonko, It's, Gordon Douglas, he's, Andrew Douglas, Douglas, Blumenthal, Richard Daynard, Chris Cylke, Clyke, Dina Titus, — CNBC's Contessa Brewer Organizations: U.S, Capitol, Sports, American Gaming Association, National Institutes of Health, National Council, Public Health, Northwestern, American Gaming Association's Locations: Washington ,, United States, U.S
☆ A record 73 million Americans plan to bet on the NFL this season, survey says
  + stars: | 2023-09-06 | by ( Jessica Golden Contessa Brewer | Jessica Golden | Contessa Brewer | ) www.cnbc.com   time to read: +1 min
William Purnell | Icon Sportswire | Getty ImagesAs legalized sports gambling expands across the U.S., a record 73.5 million Americans plan to wager on the NFL this season, according to the American Gaming Association's latest survey on Americans' betting plans released Wednesday. Last year, an estimated 46 million people bet on the NFL in the U.S., according to the AGA. Out of all U.S. adults, 35.1 million people or 14% plan to bet online, while 13.6 million or 5% plan to bet at a physical sportsbook. Self-identified NFL fans are expected to place more bets than ever this season, with 37% projected to place a wager. "We expect this to be the most bet NFL season in BetMGM's history," Seamus Magee, trading team lead at BetMGM, told CNBC in an email.
Persons: Josh Allen, William Purnell, Seamus Magee Organizations: Buffalo, AFC Divisional, Kansas City Chiefs, Arrowhead, Getty, NFL, American Gaming, CNBC Locations: Kansas City , Missouri, U.S
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