Report Exposes Sports Betting Industry’s Opposition to Gambling Addiction Safeguards

A new report from the group Campaign for Accountability alleges lobbyists for the sports betting industry have successfully opposed legislation and safeguards intended to protect people from gambling addiction.
The report comes as sports betting continues to grow across America.
In a press release, Campaign for Accountability Executive Director Michelle Kuppersmith said,
“It’s an open secret that addicted players are the gambling industry’s best customers, so it shouldn’t come as a surprise that sports betting companies aren’t eager to implement controls that minimize addictiveness. Legislators need to understand that the gambling industry—like the tobacco industry before it—cannot self-regulate when profits and the addictiveness of their product is so tightly linked.
“CfA’s research adds to a growing body of evidence showing the gambling industry isn’t simply a passive bystander in how addicted players interact with their products. Rather, the industry is actively fighting against many of the measures that could start to reduce harms.”
Internet sports betting has made it possible for Arkansans to gamble — and lose — on sporting events from anywhere in the state.
Nationwide, sports betting is now legal in 39 states — including Arkansas, where people, on average, wager more than a million dollars a day, most months.
That kind of gambling ruins lives, tears families apart, and hurts communities.
Studies show people who gamble on sports may be twice as likely to suffer from gambling problems.
Young men in particular are hurt by sports betting. Twenty-year-old males account for approximately 40% of calls to gambling addiction hotlines, and upwards of 20 million men are in debt or have been in debt as a result of sports betting.
And research now shows that the legalization of sports betting may be linked to serious financial problems in America — such as credit card debt, overdrafts, late payments on loans, lower credit scores, and higher bankruptcy rates.
Last year the Arkansas Problem Gambling Council announced it had seen a 22% increase in calls for help — a spike driven largely by sports betting.
Gambling in Arkansas and nationwide is out of control, and it is ruining lives. Tax revenue from casinos and sports betting has not improved Arkansas’ roads or boosted the economy.
As powerful corporations try to make gambling part of everyday life, it’s important for Arkansas to protect citizens and families from predatory gambling. Otherwise gambling addiction will simply continue wrecking lives and hurting families in our state.
Articles appearing on this website are written with the aid of Family Council’s researchers and writers.