Last week Sen. Richard Blumenthal and U.S. Rep. Andrea Salinas. introduced a proposal aimed at fighting problem gambling that's funded by existing taxes on sports betting. Under the terms of the Gambling Addiction Recovery, Investment, and Treatment Act (GRIT) about half of the money currently collected under .25 percent federal excise tax would be funneled…
A group of US lawmakers are making history by authoring the first federal bill aimed at tackling problem gambling as a wave of US States embrace regulated sports betting. If passed into law, the Gambling Addiction Recovery, Investment, and Treatment Act (GRIT) would utilize revenue from an already existing .25 percent federal tax on operator's…
NFL legend, and TV pitchman, Rob Gronkowski will be returning to the Super Bowl to take another stab at greatness on behalf of FanDuel. Gronk, as he's known, will be participating in the Kick of Destiny 2 live on air moments before the real kickoff from players who are actually playing in the game. The…
The 2023 college football season saw plenty of winners and losers; both on the field and in the marketplace. Between the hype of upstart teams like the University of Colorado Buffaloes and a surging interest in new sports betting products, there was plenty of hype for everyone. One major beneficiary of college football's big year…
One of the big draws of legalizing regulated sports betting, for states, is that it raises a large amount of tax revenue that those states can use for things like public works and social programs. That's why it's always seemed so odd that the state of Delaware legalized sports betting back in 2022, but only…
At the Gambling.com Group Limited, the idea of "if it isn't broke, don't fix it" is something of a way of life. That might be one of the reasons the operators of Gambling.com are looking to another one-word domain, Casinos.com, into a premium online gaming site. Executives from the Gambling.com Group announced the new site…
As regulated sports betting continues its conquest of the American gaming market, US universities are struggling with how best to handle their new reality. In the Southeastern Conference (SEC), college football's most influential league, coaches and staff are getting new training from US Integrity, and coaches are learning the value of the injury report. At…
How big an impact is regulated sports betting having on college athletes? According to UCLA gambling studies professor Dr. Timothy Fong, student athletes are incredibly anxious about the potential for harassment from sports bettors. Now Dr. Fong, and others, are making certain that those student athletes have the mental tools they need to survive in…
Michigan State University is ending its partnership with Caesars Entertainment four years ahead of schedule. The home of the Spartans is just the latest American university to exit what once seemed looked like a very lucrative intersection between big-time college sports and regulated sports betting. With the dissolution of the deal, Caesars logos will be…
What kind of impact is regulated is sports betting having on American college students? That's a subject that's been hotly debated since legalized sports became the law of the land and was the subject of a recent study by the NCAA. What the NCAA found is that American college kids (aged 18-22) are embracing sports…
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