The trade group says sports-event contracts are bets in substance and should stay within state gambling rules.
The companies said the money will fund research, helplines and community partners as GameSense messages continue across stadiums, sportsbooks and digital channels.
The trade group says sports event contracts are draining tax revenue and testing state gambling rules.
Traditional wagers are expected to exceed casual bets for the first time, according to the American Gaming Association (AGA).
American Gaming Association (AGA) says a huge increase in the number of US online sportsbooks since the 2018 tournament will drive wagers, which are expected to hit $1.8 billion.
Despite lingering economic challenges, online & retail casinos & sportsbooks generated $5.3 billion in March, making it the highest month on record.
Citing an existential threat to legal online gaming in the US, the bipartisan Congressional Gaming Caucus called for DOJ to “identify the worst actors, investigate, and prosecute them.”
DraftKings 2021 Sustainability Report provides insight into the company’s commitment to environmental, social, and governance initiatives.
The AGA says action is needed against illegal offshore sites, which are growing in popularity faster than legal sites, continuing to confuse and mislead players and negatively impact communities.
The organization predicts this year’s NCAA tournament will have the highest legal handle of all time, with an estimated $3.1 billion in legal sports bets placed.
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