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There, they discovered five people playing Texas Hold¡¯em for money. But they weren¡¯t just entertaining themselves with a friendly game of poker. They reportedly ran an online gambling website which will now be dissected by forensics experts.
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Last month ended a streak of four consecutive months with decline in sports betting handle. The total sports betting handle last month was $80,037,045, up 2.2% from $78.3 million in July.
Along with it has come a movement to fight the risk of problem gambling. That movement includes not only the organizations you would expect but some you may not. The NFL, for example, has poured $6 million into the National Council on Problem Gambling (NCPG) ¡ª the group¡¯s biggest donation ever. Some states have delegated funds as well ¡ª $3 million in Michigan¡¯s 2023 budget, for example. And the operators themselves ¡ª DraftKings, FanDuel and the like ¡ª have devoted roles and resources to helping those in need.
¡°We don¡¯t know what it¡¯s doing to a new generation under the age of 21,¡± Fong said. ¡°Before, you couldn¡¯t even talk about gambling without someone saying, ¡®You can¡¯t talk about gambling.¡¯ This generation is growing up with gambling on their TVs. All we can say is that it is a critical issue: The earlier you start gambling ¡ª and gambling regularly ¡ª that¡¯s the biggest risk factor for addiction.¡±
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¡°We believe we are creating next-generation consumption around sports, because this is exactly what the young user base is interested in,¡± Angelides says. ¡°They want hyperconnectivity, instant access, and hyper-personalization that¡¯s easy to use.¡±
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