Technology has fueled a sports betting boom and a spike in problem gambling, addiction therapist warns::There’s been a surge of young problem gamblers since sports betting was legalized. An addiction therapist warns AI-powered sports betting has spurred a public health emergency.
This seems like a great place to plug my upcoming fantasy baseball betting DApp. /s
😅
I can believe it. Every commercial break is an ad for sports betting.
Some sports broadcasts literally tell you the betting odds during the broadcast now, it’s kind of disgusting.
So in practice I believe a person should be allowed to gamble within reason. That being said the gambling business seems built on exploiting the end user and enabling/proliferating addiction.
I’m hoping it settles down like legal weed did. It will always have the client base but the newness will wear off hopefully.
Shocking: industry that sells addictive product engages in behavior to increase addiction to product
Maybe this experience will teach us a lesson that will be passed on throughout history so that something similar can be avoided in the future?
It’s the regulations, not the technology. It was ruled that sports betting is “skill-based”, and then these apps exploded.
What sucks is once the US made that ruling and these companies became incredibly rich there, they suddenly had the resources to start lobbying other jurisdictions to change their regulations as well.
Ontario made it legal for sports betting awhile and the amount of ads I’ve been getting for that stuff has been really annoying. Can’t even listen to a podcast or watch tv without getting sports betting apps crammed down my throat.
I’ve noticed the same, and it’s horrifying when you think about the cost of all those ads and how it’s mostly funded by people with gambling problems
