Is US Sports Betting Headed for Trouble?

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Is US Sports Betting Headed for Trouble?

Watch This Week in Gambling Video: Is US Sports Betting Headed for Trouble?. 📺 This week's gambling news finds that the amazing expansion of US sports betting has led to relentless competition between sports betting operators. FanDuel, DraftKings, and others are trying so desperately to grab as much market share as possible, pouring millions into advertising and marketing campaigns. But will the barrage of commercials, sponsorships, and endorsements eventually lead to push back from the American people or government agencies?

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🔰Video Chapters:
▪️ 00:00 - Welcome to This Week in Gambling
▪️ 00:47 - US Sports Betting Advertisements
▪️ 01:37 - Sports Betting Issues in the UK
▪️ 02:58 - UK Gambling Act Review
▪️ 04:30 - The "Gamblification" of American Sports
▪️ 05:52 - Neon Blaze Online Slot
▪️ 06:17 - Dragon Spins Online Slot
▪️ 06:39 - Las Vegas Weather Report
▪️ 07:20 - End Tag

American Sports Betting Trouble Ahead
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In sports betting news, it's been just four short years since the Supreme Court decision that opened the door for the regulation of US sports betting there are now 36 states which regulate the activity. What’s more is that in four more years the US sports gambling market is expected to be the largest in the world, worth over $24 billion. That’s all is fine and well… until it isn’t. Those of us who remember the gambling news of the online poker rush in the early 2000’s will recall a flurry of commercials, sponsorship deals, and celebrity endorsements. A flurry very similar to what we are seeing now for American sports bets, albeit in a different circumstance. But where online poker was being promoted in a legal grey area, sports betting is clearly legal in those places where the ads are running. And yet, for the likes of FanDuel, DraftKings, and others, it does feel as if history will repeat itself.

Part of this feeling comes from watching the melodrama of sports betting in Britain. In a country that regulated online sports betting 20 years ago, and allowed gambling advertising everywhere from taxi cabs to the shirts of soccer players, there was a slow but deliberate groundswell against how prolific those ads became. The ant-gambling establishment in the UK was able to use those aggressive advertising campaigns and tactics against the industry itself. Pushing the dangers of those ads being seen by children and addicts. Claiming that sponsorship deals send the wrong message. Warning that endorsements encourage behavior that can lead to problem gambling. And yet, facts are that true gambling addiction accounts for less than 1% of the population. Or in simpler terms, over 99% of the population does not have a problem with gambling.

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#GamblingNews #SportsBettingNews #USSportsBetting #AmericanSportsBetting #OnlineSportsBetting #OnlineSportsBooks #FanDuel #DraftKings

Download or play online for free! Sports Betting and Tribal Gaming Trouble?. Esports Betting Headed to Las Vegas?. €16,000 Sports Betting WIN!!. Sports Betting That Was, Is and Will Be. Sports Betting: How to Bet and How to Win! - Part Two. Sports Betting Deals with NBC, CBS & FOX. Sports Betting: How to Bet and How to Win! - Part One. The NFL Kickoff & Sports Betting Expansion. How to Maximize your Winnings at Sports Betting. California Sports Betting Proposal. Record Breaking US Sports Betting!. More and More States Legalize Sports Betting.

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