Current:Home > MyBill would ban sports betting ads during games and forbid bets on college athletes -Thrive Capital Insights
Bill would ban sports betting ads during games and forbid bets on college athletes
View
Date:2025-04-15 12:51:27
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! (82922)
Related
- PHOTO COLLECTION: AP Top Photos of the Day Wednesday August 7, 2024
- Hundreds of residents on Indonesian island protest the growing arrival of Rohingya refugees by sea
- Timothée Chalamet sings and dances 'Wonka' to No. 1 with $39M open
- Three people dead in plane crash that downed power lines, caused brush fire in Oregon, police say
- Michigan lawmaker who was arrested in June loses reelection bid in Republican primary
- If a picture is worth a thousand words, these are worth a few extra: 2023's best photos
- Así cuida Bogotá a las personas que ayudan a otros
- Judge overturns Mississippi death penalty case, says racial bias in picking jury wasn’t fully argued
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- A gloomy mood hangs over Ukraine’s soldiers as war with Russia grinds on
Ranking
- NCAA hits former Michigan coach Jim Harbaugh with suspension, show-cause for recruiting violations
- 36 días perdidos en el mar: cómo estos náufragos sobrevivieron alucinaciones, sed y desesperación
- Saddam Hussein's golden AK-47 goes on display for the first time ever in a U.K. museum
- 'Downright inhumane': Maui victims plea for aid after fires charred homes, lives, history
- Retirement planning: 3 crucial moves everyone should make before 2025
- Blake Lively's Touching Tribute to Spectacular America Ferrera Proves Sisterhood Is Stronger Than Ever
- BP is the latest company to pause Red Sea shipments over fears of Houthi attacks
- Albanian lawmakers discuss lifting former prime minister’s immunity as his supporters protest
Recommendation
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Farmers protest against a German government plan to cut tax breaks for diesel
A suspected cyberattack paralyzes the majority of gas stations across Iran
Hong Kong’s activist publisher to stand trial this week under Beijing’s crackdown on dissidents
Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
Some Trump fake electors from 2020 haven’t faded away. They have roles in how the 2024 race is run
Trump says Nevada fake electors treated ‘unfairly’ during rally in Reno
Bangladesh court denies opposition leader’s bail request ahead of a national election