Share this @internewscast.com

That’s led to some action.

In January, Blumenthal introduced the Gambling Addiction Recovery and Treatment (GRIT) Act, which aims to stop sports betting companies from targeting problem gamblers and set aside federal funds to study and treat gambling addiction.

“Any high-profile instance of gambling addiction serves as an urgent reminder, and warning sign, of the problems that come with gambling,” Blumenthal said in an emailed response. “But more concerning to me is the silent epidemic of addiction that is hitting everyday Americans, especially young people, harder and harder as gambling becomes more prevalent in our society.”

Blumenthal said there is an urgent need to invest in treatment programs “before the problem balloons even more.”

“Gambling companies must recognize their responsibility in safeguarding bettors from addiction,” the senator said.

With so much attention focused on the Ohtani sports betting scandal, Keith Whyte, executive director of the National Council on Problem Gambling, said that “the opportunity is ripe for passing a smart bill like the GRIT Act.”

“There has never been more bipartisan interest on the Hill to do something about sports betting,” Whyte said.

The American Gaming Association opposes the GRIT Act, the group’s point person for governmental relations, Chris Cylke, said in a statement, but added that it was ready to work with Blumenthal and other lawmakers to “combat illegal gambling and address problem gambling in ways that do not further enshrine bad tax police and give criminals a leg up.”

The U.S. Supreme Court struck down the federal statute that restricted regulated sports betting mostly to Nevada six years ago. Since then, legal betting markets have emerged in 37 states, as well as the District of Columbia and Puerto Rico, and the industry has taken more than $337 million in bets.

Tonko has said the sports betting industry has been operating since 2018 in “a Wild West, largely unregulated environment.”

DeBaun disagreed.

“The legal sports betting industry is one of the most highly regulated industries in America and we’re proud of how we meet and exceed those standards to protect consumers,” DeBaun said in a statement. “This includes oversight from 5,000 regulators nationwide who establish and enforce robust frameworks that protect players and support competition.”

Still, industry critics like blogger Ben Krauss wrote that the sports betting industry makes it too easy for bettors to lose their shirts.

Some states have reported a rise in calls to their gambling addiction hotlines, most notably Florida.

“Having a highly addictive vice like mobile sports gambling sitting in your pocket all day is a real problem,” Krauss posted in January on the Slow Boring site. “Since 2018, $220 billion has been wagered in legal sports books, with the annual total increasing by an average of 22% year over year. And with all that easily accessible gambling, addictions have increased.”

Share this @internewscast.com
You May Also Like
Two Spirit Airlines planes covered in foam inside a hangar.

Airplanes Get Covered in Foam After Malfunctioning Fire Extinguishers Flood Hangar and Runway

A FLEET of passenger planes got an unplanned clean after dodgy fire…
Yankees' Jazz Chisholm out of Subway Series lineup with shoulder issue

Yankees’ Jazz Chisholm Misses Subway Series Game Due to Shoulder Problem

The Yankees, struggling with a six-game losing streak and several player absences,…
TikTok building new version of app ahead of expected US sale: report

TikTok Developing New App Version in Anticipation of Possible US Sale: Report

According to a report from The Information, TikTok is developing a new…
Mugshot of Craig France.

I confronted a serial rapist who drugged and stripped girls for his disturbing hot tub fantasies; incriminating home videos led to his capture.

NAKED and unconscious, a young blonde girl is dragged across a concrete…
Amazing Rescue of Woman in Tree, Stunning Video Shows Just How Fast TX Flood Waters Rose

Incredible Woman’s Rescue From Tree Captured on Video Highlighting Rapid Rise of Texas Floodwaters

Emergency crews continue their relentless search and rescue operations, striving to locate…
Photo of Donald Trump and Elon Musk in the Oval Office.

Trump Expresses Concern Over Musk’s Potential Political Party, Predicts ‘Chaos’

DONALD Trump has said Elon Musk has gone completely “off the rails”…

Tragedy as Hero Dog Bruno, Known for Rescuing Nine People, Dies After Consuming Sausages Filled with Nails

OUTRAGE is sweeping across Italy after a heroic sniffer dog who saved…
Yankees trade catcher Alex Jackson to Orioles as Austin Wells breaks out of slump

Yankees send catcher Alex Jackson to Orioles; Austin Wells finds his groove

The Yankees traded away another organizational catcher Sunday, shipping Alex Jackson from…
Michael Douglas says he has no intentions of returning to acting

Michael Douglas announces he doesn’t plan on acting again

Michael Douglas is enjoying his time away from Hollywood. The Oscar winner,…
Musk launches 'America Party' in response to 'insane' Trump tax bill passing

Musk Introduces ‘America Party’ Following ‘Absurd’ Passage of Trump Tax Bill

Elon Musk threatened to form a new party if President Donald Trump’s…
Trump administration's crackdown on pro-Palestinian campus activists faces federal trial

Federal Trial Challenges Trump Administration’s Measures Against Pro-Palestinian Campus Activists

BOSTON (AP) — A federal bench trial is set to commence on…
Trump calls Elon Musk's formation of new party 'ridiculous'

Trump Criticizes Elon Musk’s New Political Party as ‘Absurd’

President Donald Trump criticized Elon Musk’s idea to create a new political…