Current:Home > StocksBill would ban sports betting ads during games and forbid bets on college athletes -AlphaFinance Experts
Bill would ban sports betting ads during games and forbid bets on college athletes
View
Date:2025-04-13 12:53:05
ATLANTIC CITY, N.J. (AP) — The federal government would ban in-game advertising and bets on college athletes under a sports betting regulation bill proposed by two northeastern legislators.
Rep. Paul Tonko of New York and Sen. Richard Blumenthal of Connecticut introduced the bill Thursday. It’s designed to address what they say are the harmful effects of the rapid expansion of legal sports betting in the U.S. since 2018.
The measure also would forbid the use of credit cards to fund online gambling accounts.
The Democratic legislators say sports betting, now legal in 38 states plus the District of Columbia, has increased gambling addiction and other problems. Every moment of every game is a chance to gamble, Tonko said.
“That’s resulted in a frightening rise in gambling disorder, which has in turn enacted a horrific toll on individuals, many of whom have lost their home, job, marriage, and their lives,” Tonko said.
Blumenthal called the measure a matter of public health.
“It is a matter of stopping addiction, saving lives, and making sure that young people particularly are protected against exploitation,” Blumenthal said.
The legislation already faces strong opposition from the gambling industry, which has said for years that it should self-regulate sports betting advertising to avoid the federal government imposing standards on it.
The American Gaming Association, the gambling industry’s national trade association, said sports books already operate under government supervision, contribute billions of dollars in state taxes, and offer consumers protections that don’t exist with illegal gambling operations.
“Six years into legal sports betting, introducing heavy-handed federal prohibitions is a slap in the face to state legislatures and gaming regulators who have dedicated countless time and resources to developing thoughtful frameworks unique to their jurisdictions,” it said in a statement.
The industry has adopted sports betting practices that include some limits on advertising, but critics say they don’t go far enough.
Harry Levant, director of gambling policy at the Public Health Advocacy Institute at Northeastern University School of Law, compared gambling to drugs and alcohol in terms of potential addictiveness.
“With every other addictive product or substance, the government regulates the advertising, promotion, distribution, and consumption of the product,” he said. “With gambling, sadly, the exact opposite is occurring.”
The National Council on Problem Gambling says “gambling problems may increase as sports gambling grows explosively” across America.
The bill would prohibit operators from accepting more than five deposits from a customer over a 24-hour period, and check on a customer’s ability to afford depositing more than $1,000 in 24 hours or $10,000 in a month.
The bill also would ban “prop” bets on the performance of college or amateur athletes, such as how many passing yards a quarterback will rack up during a game.
And it would prohibit the use of artificial intelligence to track a customer’s gambling habits or to create gambling products including highly specific “micro-bets,” which are based on scenarios as narrow as the speed of the next pitch in a baseball game.
___
Follow Wayne Parry on X at www.twitter.com/WayneParryAC
veryGood! (4)
Related
- How effective is the Hyundai, Kia anti-theft software? New study offers insights.
- Northwest Indiana boy, 3, dies from gunshot wound following what police call an accidental shooting
- Teen and parents indicted after shootout outside Baltimore high school that left 3 wounded
- Jamie Foxx makes first public appearance since hospitalization, celebrates ability to walk
- Illinois governor calls for resignation of sheriff whose deputy fatally shot Black woman in her home
- Vice President Harris breaks nearly 200-year-old record for Senate tiebreaker votes, casts her 32nd
- Voting experts warn of ‘serious threats’ for 2024 from election equipment software breaches
- Horoscopes Today, December 5, 2023
- How breaking emerged from battles in the burning Bronx to the Paris Olympics stage
- 13 Winter Socks That Are Cute, Cozy & Meant to Be Seen By Everyone
Ranking
- 'Most Whopper
- Treat Yo Elf: 60 Self-Care Gifts to Help You Get Through the Holidays & Beyond
- Inside Coco and Ice-T's Daughter Chanel's Extravagant Hello Kitty Birthday Party
- With George Santos out of Congress, special election to fill his seat is set for February
- Police remove gator from pool in North Carolina town: Watch video of 'arrest'
- Harvard, MIT, Penn presidents defend actions in combatting antisemitism on campus
- The first trailer for Grand Theft Auto 6 is out. Here's why the hype is huge
- Inside Coco and Ice-T's Daughter Chanel's Extravagant Hello Kitty Birthday Party
Recommendation
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
2 plead guilty in fire at Atlanta Wendy’s restaurant during protest after Rayshard Brooks killing
Grand Theft Auto VI trailer is released. Here are 7 things we learned from the 90-second teaser.
13 Winter Socks That Are Cute, Cozy & Meant to Be Seen By Everyone
New Orleans mayor’s former bodyguard making first court appearance after July indictment
Poland’s former President Lech Walesa, 80, hospitalized with COVID-19
Poland’s former President Lech Walesa, 80, hospitalized with COVID-19
Americans don't like higher prices but they LOVE buying new things