A surge of sports betting has been driven by access to online gambling and a cascade of advertising.
A look inside the FanDuel sports book at the Meadowlands racetrack.Ralph Caputo turned on his television and was outraged by what he saw.
Caputo expressed his disbelief last week during a state legislative hearing on the surge of sports betting. As chair of the state Assembly’s tourism, gaming and arts committee, Caputo helped lead New Jersey’s efforts to legalize sports betting in 2018. And more than anyone, he knows how the $10 billion-a-year industry has benefitted New Jersey, with $200 million in tax revenue since 2018, including $102.6 million last year.
“But people, especially younger individuals, are being saturated with this type of enticement. It’s definitely a problem.” At one point during the COVID-19 pandemic, 29% of helpline calls were related to sports betting, according to Grondin. In her address to the Legislature, Grondin called on lawmakers to implement strong regulations that would curtail sports betting advertising. She knows some of it is out of the state Legislature’s hands, since most New Jersey residents watch New York- or Philadelphia-based TV stations or streaming services.Still, Grondin is advocating for the state to sponsor public service announcements to inform the public about gambling risks and the services available for those struggling with addiction.
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