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NFL LAUNCHES NEW RESPONSIBLE GAMBLING CAMPAIGN

Posted by Ohio for Responsible Gambling The Super Bowl might feel like light-years away for the NFL fans out there, but it will be upon us before we know it. The Super Bowl also serves as big opportunity for sports betting, with over 136 million dollars wagered on the 2021 Super Bowl alone. With the Super Bowl fast approaching and the increase in popularity of fantasy sports, the NFL has recently launched a responsible gambling public awareness program to educate fans on the importance of responsible gambling during the NFL season … Read More »

Gambling addiction experts see familiar aspects in Robinhood app

Some fintech apps try to rein in addictive components to investing, but face their own problems. Jan. 30, 2021, 6:00 AM ESTBy Cyrus Farivar While the broader public may have gotten its first glimpse this week of the troubling and addictive nature of trading apps like Robinhood, gambling experts, finance watchers and even rival trading apps have long been thinking about how to address these problems. “The online day trader with problems is indistinguishable from the online gambling addict,” said Keith Whyte, the executive director of the National Council on Problem Gambling, … Read More »

More Americans Getting “Hooked” on Sports Betting

What do Tiger Woods, Michael Jordan, Charles Barkley and Floyd Mayweather, Jr. all have in common?  They’re sports super-stars, of course. But they’re also something else:  Hard-core gambling addicts. Which means they’ve also lost a ton of money– much of it betting on sporting events. Mayweather, Jr. regularly gambles as much as $400,000 on college football games.  He reportedly once won $3 million on a single Orange Bowl contest.  But his biggest bet – and loss — came in 2014, when he wagered $10 million that the Denver Broncos would … Read More »