The story behind the sports betting boom NPR
The story behind the sports betting boom
Years ago, a Supreme Court ruling lifted the ban on sports betting. New York Times reporter Eric Lipton talks about the lobbying, lucrative deals, partnerships and personal impacts that followed.
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DAVE DAVIS, host:
This is FRESH AIR. I'm Dave Davies here for Terry Gross. If you watch TV, especially sports, you've undoubtedly seen an ad like this recently.
(SOUNDBITE OF ARCHIVED RECORDING)
JAMIE FOXX: Want to make every game exciting? Step 1 - Open BetMGM Sportsbook. Step 2 - Throw yourself into the game. And step 3 - Showtime.
DAVIS: This is Jamie Foxx, one of the celebrities who appears in ads promoting online sports betting. Just four years ago, sports betting was illegal in most parts of the United States. Today, it seems like betting is everywhere. A recent series in The New York Times points out that the availability of online sports betting has spurred the fastest expansion of legalized gambling in American history. Today's guest, Eric Lipton, an investigative reporter for The New York Times, worked with a team of reporters from The Times to investigate the explosion of sports betting, the legal battles and lobbying that led to legalization, the favorable terms and light regulations that many states have given to gambling operators, the partnerships that betting companies have forged with sports leagues, universities and media organizations, and the impact that sports betting has had on problem gamblers, Native American tribes and others.
Eric Lipton is a Washington-based investigative reporter for The New York Times. He has won three Pulitzer Prizes for explanatory reporting, investigative reporting and as part of the international reporting team. You can find the series, titled "A Risky Wager," on The Times' website. Eric Lipton, welcome to FRESH AIR.
Eric Lipton: Thank you very much.
DAVIES: Five years ago, as I said, sports betting was prohibited by federal law. Sports leagues have said for a long time that they didn't want gambling involved in sports.
Lipton: That's right. If you go back to Pete Rose or go back to 100 years ago, if there is a fact that the gambling game has been thrown by gambling, if you recognize gambling in the sports world, you will recognize that the game will be corrupt. did. If players and coaches participated in illegal gambling, they were punished like Pete Rose and expelled from the sports world.
Davies: So why was it overturned?
Lipton: It was a really long way. It began with the movement to legalize what is called Daily Fantasy Sports, which was quite popular in the United States. People who have supported Daily Fantasy Sports early will return to the same state parliament if many states can legalize the day fantasy sports, which are basically no n-living fantasy games. I thought it could be one step before discussing whether a real sports betting could be legalized. It began with Fanduel and Draftkings, which moved from state to state to gain legal authority to perform daily fantasy sports.
Davis: Yes. Let's explain a little about what fantasy sports are. Not everyone knows.
Lipton: Basically, choose your team as a player. And collect the players. And collect other players. The game is developed based on the group of people with fictional teams. And bet on whether to win or lose. Many of the skills of Daily Fantasy Sports are to assemble a variety of players who are likely to win.
Davis: That's right. And you need to be aware that the player you assemble is a real athlete with a proven track record. And you assemble a fictional team based on those players. And the victory is affected by the actual players of the week. It's a strange thing. It's like a sport betting and an accidental game, right? < SPAN> Lipton: That's right. If you go back to Pete Rose or go back to 100 years ago, if there is a fact that the gambling game has been thrown by gambling, if you recognize gambling in the sports world, you will recognize that the game will be corrupt. did. If players and coaches participated in illegal gambling, they were punished like Pete Rose and expelled from the sports world.
Davies: So why was it overturned?
Lipton: It was a really long way. It began with the movement to legalize what is called Daily Fantasy Sports, which was quite popular in the United States. People who have supported Daily Fantasy Sports early will return to the same state parliament if many states can legalize the day fantasy sports, which are basically no n-living fantasy games. I thought it could be one step before discussing whether a real sports betting could be legalized. It began with Fanduel and Draftkings, which moved from state to state to gain legal authority to perform daily fantasy sports.
Davis: Yes. Let's explain a little about what fantasy sports are. Not everyone knows.
Lipton: Basically, choose your team as a player. And collect the players. And collect other players. The game is developed based on the group of people with fictional teams. And bet on whether to win or lose. Many of the skills of Daily Fantasy Sports are to assemble a variety of players who are likely to win.
Davis: That's right. And you need to be aware that the player you assemble is a real athlete with a proven track record. And you assemble a fictional team based on those players. And the victory is affected by the actual players of the week. It's a strange thing. It's like a sport betting and an accidental game, right? Lipton: That's right. If you go back to Pete Rose or go back to 100 years ago, if there is a fact that the gambling game has been thrown by gambling, if you recognize gambling in the sports world, you will recognize that the game will be corrupt. did. If players and coaches participated in illegal gambling, they were punished like Pete Rose and expelled from the sports world.
Davies: So why was it overturned?
Lipton: It was a really long way. It began with the movement to legalize what is called Daily Fantasy Sports, which was quite popular in the United States. People who have supported Daily Fantasy Sports early will return to the same state parliament if many states can legalize the day fantasy sports, which are basically no n-living fantasy games. I thought it could be one step before discussing whether a real sports betting could be legalized. It began with Fanduel and Draftkings, which moved from state to state to gain legal authority to perform daily fantasy sports.
Davis: Yes. Let's explain a little about what fantasy sports are. Not everyone knows.
Lipton: Basically, choose your team as a player. And collect the players. And collect other players. The game is developed based on the group of people with fictional teams. And bet on whether to win or lose. Many of the skills of Daily Fantasy Sports are to assemble a variety of players who are likely to win.
Davis: That's right. And you need to be aware that the player you assemble is a real athlete with a proven track record. And you assemble a fictional team based on those players. And the victory is affected by the actual players of the week. It's a strange thing. It's like a sport betting and an accidental game, right?
Lipton: Yeah. It became very popular because it was about using your phone to play games in a way that hadn't been used so intensively before. The ability to use your phone, your phone as a betting application at legally licensed betting venues, was kind of the Uberization (ph) of gambling, through daily fantasy sports. And to some extent, the old brick-and-mortar gambling people looked at that and said, wait a minute, look at how this technology can potentially bring us new customers. Part of that was introducing live sports broadcasts.
New Jersey is trying to beef up its casinos in Atlantic City. And they filed a lawsuit. The Supreme Court decided, "You can't ban sports betting." What was the Court's logic?
Lipton: The Court's logic was, how can you allow sports betting in one state, like Nevada, and not allow sports betting in other states? That's an unconstitutional treatment of individual states' rights. That's an argument that's been around for a long time. But then New Jersey decided, "Enough is enough, let's just go with it." Chris Christie was a governor who was willing to lose multiple times in lower courts, and he had a pretty experienced legal team in the federal appeals courts. He had a pretty experienced legal team in the federal appeals courts. And he won. And as this legal battle drew to a close, it became clear that the Supreme Court was going to side with New Jersey. That's when professional sports leagues started to move more aggressively, partnering with FanDuel and DraftKings and saying, "If sports betting is going to be legalized, we want to be a part of it."
Davies: Yeah. Fanduel and DraftKings are two of the big sports betting operations. It's interesting that sports leagues, who have been saying for a long time that you can't bring gambling into sports, that it's going to undermine the integrity of the game, jumped right in. Were they trying to make money here?
Lipton: They were in the Supreme Court and they were arguing in court that it was damaging to the integrity of professional sports, and at the same time, behind the scenes, they were negotiating a partnership with lobbyists who work with FanDuel and DraftKings to legalize sports betting. So, before the Supreme Court met, they were -- basically, when the direction of the Supreme Court became clear. They were already on the side of embracing sports betting. And if it was profitable, they wanted to be a part of that profitable business. And, in addition to potentially profiting from sports betting, their argument was that they wanted to help set the conditions for sports betting to be legalized across the United States.
Davies: Right. The Supreme Court decision didn't make it legal everywhere. It just gave states the right to legalize it. And, of course, the fact that we now have smartphones means that if you can bet on sports online, it changes the whole game. It's like having a casino in your pocket, essentially. But I always wonder: if a state, let's say Pennsylvania, legalizes online sports betting, can people who live in states that still ban it use that app to bet on sports? Does that effectively nationalize it?
Lipton: No. Again, the explosive growth of sports betting in the U. S., most of which is done on mobile phones, was only possible because of Uber and Yelp and how technology transformed mobile phones so quickly. And every time you bet on sports anywhere in the U. S., there's a software application behind it. If you're in a national park or Rock Creek Park or whatever in Washington, D. C., you can't bet on that property. But if you're in Washington, D. C., and not on federal land, you can bet.
So GeoComply checks the ping every time you bet, approve and pass the bet within 1 milloseconds or refuse the bet. So some people crossed George Washington Bridge to bet on New Jersey. Before the New York states legalized the bet, the people were just crossing the bridge, as GeoComply and other vendors had settled on a surprising accuracy and accurate position. Each state and each operator rely on companies that confirm better places.
Device: Let's take a break here. Let's introduce it again. This is Eric Lipton. He is a research reporter on the New York Times. He wrote a series of articles about the sports betting boom in the United States with the Times reporter team. The title is "A Risky Wager". This continuation will be later. This is Fresh Air.
(Sound byte of Da n-Wellback songs)
Device: Fresh Air. This is Eric Lipton. He is a research reporter on the New York Times. He wrote a series of articles about sports gambling in the United States in cooperation with the reporter team on the newspaper. The title is "dangerous bet."
With the ban on sports betting by the federal government, each state can legalize sports betting, refuse, and create its own rules. You wrote a long article about it. Focusing on Kansas, the same is true in other states. How did you get information? Lobyist often works personally.
Lipton: That's right. Currently, in the United States, about half of the people live in a state where they can bet legally. Sports betting is legalized in 33 states. In the 24 states, you can bet on a mobile phone. Every year, for example, in Texas and Missouri, it is now held. Discussion was held in Georgia, but was rejected. Every year, there are discussions on whether or not to legal in various states. Which state to focus on as a reporter is a little division of judgment. < SPAN> So GeoComply checks the ping every time you bet, approve and pass the bet within 1 milloseconds or refuse the bet. So some people crossed George Washington Bridge to bet on New Jersey. Before the New York states legalized the bet, the people were just crossing the bridge, as GeoComply and other vendors had settled on a surprising accuracy and accurate position. Each state and each operator rely on companies that confirm better places.
Device: Let's take a break here. Let's introduce it again. This is Eric Lipton. He is a research reporter on the New York Times. He wrote a series of articles about the sports betting boom in the United States with the Times reporter team. The title is "A Risky Wager". This continuation will be later. This is Fresh Air.
(Sound byte of Da n-Wellback songs)
Device: Fresh Air. This is Eric Lipton. He is a research reporter on the New York Times. He wrote a series of articles about sports gambling in the United States in cooperation with the reporter team on the newspaper. The title is "dangerous bet."
With the ban on sports betting by the federal government, each state can legalize sports betting, refuse, and create its own rules. You wrote a long article about it. Focusing on Kansas, the same is true in other states. How did you get information? Lobyist often works personally.
Lipton: That's right. Currently, in the United States, about half of the people live in a state where they can bet legally. Sports betting is legalized in 33 states. In the 24 states, you can bet on a mobile phone. Every year, for example, in Texas and Missouri, it is now held. Discussion was held in Georgia, but was rejected. Every year, there are discussions on whether or not to legal in various states. Which state to focus on as a reporter is a little division of judgment. So GeoComply checks the ping every time you bet, approve and pass the bet within 1 milloseconds or refuse the bet. So some people crossed George Washington Bridge to bet on New Jersey. Before the New York states legalized the bet, the people were just crossing the bridge, as GeoComply and other vendors had settled on a surprising accuracy and accurate position. Each state and each operator rely on companies that confirm better places.
Device: Let's take a break here. Let's introduce it again. This is Eric Lipton. He is a research reporter on the New York Times. He wrote a series of articles about the sports betting boom in the United States with the Times reporter team. The title is "A Risky Wager". This continuation will be later. This is Fresh Air.
(Sound byte of Da n-Wellback songs)
Device: Fresh Air. This is Eric Lipton. He is a research reporter on the New York Times. He wrote a series of articles about sports gambling in the United States in cooperation with the reporter team on the newspaper. The title is "dangerous bet."
With the ban on sports betting by the federal government, each state can legalize sports betting, refuse, and create its own rules. You wrote a long article about it. Focusing on Kansas, the same is true in other states. How did you get information? Lobyist often works personally.
Lipton: That's right. Currently, in the United States, about half of the people live in a state where they can bet legally. Sports betting is legalized in 33 states. In the 24 states, you can bet on a mobile phone. Every year, for example, in Texas and Missouri, it is now held. Discussion was held in Georgia, but was rejected. Every year, there are discussions on whether or not to legal in various states. Which state to focus on as a reporter is a little division of judgment.
I ended up choosing Missouri and Kansas, driving back and forth between Jefferson City and Topeka, sitting in the state capitols, watching lobbyists work their magic, just like a gardener watching lobbyists work their words into bills.
Davies: Right. And ultimately, lobbying reports and campaign finance reports helped flesh things out. You know, there's a story at the beginning of this story about a state legislator with expensive cigars and aged Irish whiskey. Tell me what was going on there?
Lipton: This was right before Kansas legalized sports betting. It was just two days before, and the bill was lined up to pass. This guy was the chairman of the Kansas House committee and sponsored the bill. And the two lobbyists who were the main sponsors of the bill had a reception a few blocks from the Capitol with cigars, cars, and a bar. There were a lot of legislators there, and when I walked in, the chairman of the House committee that sponsored the bill was walking around with a cigar in one hand, a bottle of whiskey in the other, a big smile on his face, proud that this special whiskey had been procured for him.
While I was going around greeting lobbyists and legislators, he told me that he had inserted provisions into the bill that were favorable to the sponsors of this event, giving his clients more access to sports betting in the state. So it was very transactional. In Kansas, the lobbyists were able to lower the tax rate. They were able to get provisions into the law that would allow them to give away millions of dollars in free bets without being taxed. They also set aside a small amount of money for gambling prevention, and most of the tax money, 80 percent of it, went to build new sports stadiums for professional teams. So there was very little money going into the general fund for the people of Kansas.
Davies: Right. I have a photo of you at this event. The lobbyists and the legislators knew that you were a reporter for The New York Times. So you didn't hide that you were a reporter for The New York Times, right? And you said, wait a minute. How did this guy get in here?
Lipton: Yeah, I just showed up. I went to the Capitol and lobbyists and legislators were swarming the doors. That night, it was clear that there were hours of bill debate ahead. I asked one of my aides where to go, and she gave me a copy of the invitation. And I went with my photographer, and he was taking pictures. At one point, the lobbyist who was the main organizer of the event came over and asked me if I could stop taking pictures. The lobbyist and legislator club is a very small club in many state capitals. The lobbyist and legislator club is a very small club in many state capitals. A lot of the lobbyists are former legislators. And there aren't many local reporters left, and the ones that are there are covering bills that are passing, and we're not spending weeks on a story. So they didn't think that someone was watching them like I was.
DAVIES: There's a lot of details in this story that we can't really get into, or take all of the time to get into. But there were amendments that were inserted into the bill at the last minute to help the gambling industry and certain real estate industries. And we identified some of the people involved here and people who enjoy cigars. There are some pretty embarrassing anecdotes. Were any of you bothered by this? Were you embarrassed? Did it have any impact?
LIPTON: I think so. The governor reopened the bill to include, for example, the fact that 80% of the revenue that was coming into the state was going to be set aside for professional sports, and the fact that that was done at the behest of a group of investors that controlled hundreds of acres of land near the intersection of two interstates. That's where the professional sports teams were going to be built. So they lobbied to get this provision in the bill. So I think there was some regret. There's also the fact that the tax rates are so low and the people of Kansas aren't benefiting as much. There's been $1. 1 billion bet in Kansas so far since this law went into effect. The result was that it brought in only about $500, 000 in tax revenue to the Kansas general fund. That is, without the $1. 1 billion in gambling.... and now, $2. 7 million in taxes came in, most of which goes to the stadium fund. So, the lobbyists were able to negotiate a bill that didn't really benefit Kansas citizens.
Davies: There was talk of reopening it and amending it, but that hasn't happened yet.
Lipton: Not so. One of the things that happened throughout the United States is not only legalized sports betting, but also provides $ 1 billion-more than $ 1 billion in the United States. That means that they have accepted sports betting marketing. In other words, if you get an incentive to provide $ 500, $ 1, 000, and several thousands of states as a “free bed” to start sports betting, the sports betting platform offers a “free bed”. In many places, the state is like becoming a marketing partner in many places. For this reason, some states have a problem with the fact that the sports betting platform does not pay taxes when providing a “free bed”. And it will make people who should not be a betting habit to gain a bet habit.
Device: And the money spent by gambling operators for these promotions is counted as business losses and is subject to tax deduction. I see. Sports Bettin g-Can I use a credit card to put money or bet in the sportsbook account? Please explain its significance and solution.
Lipton: Yes, this is a very subtle problem. This is because you allow you to borrow money to bet, and if you have gambling addiction, it may quickly develop into a serious financial problem. For this reason, one state prohibits using a credit card before betting. However, in some states, it happened because credit cards were actually used for betting. And in various places around the world, we are struggling with this problem. One state acknowledges that payda y-day lenders will provide funds to sports gambling. < SPAN> Lipton: Not so. One of the things that happened throughout the United States is not only legalized sports betting, but also provides $ 1 billion-more than $ 1 billion in the United States. That means that they have accepted sports betting marketing. In other words, if you get an incentive to provide $ 500, $ 1, 000, and several thousands of states as a “free bed” to start sports betting, the sports betting platform offers a “free bed”. In many places, the state is like becoming a marketing partner in many places. For this reason, some states have a problem with the fact that the sports betting platform does not pay taxes when providing a “free bed”. And it will make people who should not be a betting habit to gain a bet habit.
Device: And the money spent by gambling operators for these promotions is counted as business losses and is subject to tax deduction. I see. Sports Bettin g-Can I use a credit card to put money or bet in the sportsbook account? Please explain its significance and solution.
Lipton: Yes, this is a very subtle problem. This is because you allow you to borrow money to bet, and if you have gambling addiction, it may quickly develop into a serious financial problem. For this reason, one state prohibits using a credit card before betting. However, in some states, it happened because credit cards were actually used for betting. And in various places around the world, we are struggling with this problem. One state acknowledges that payda y-day lenders will provide funds to sports gambling. Lipton: Not so. One of the things that happened throughout the United States is not only legalized sports betting, but also provides $ 1 billion-more than $ 1 billion in the United States. That means that they have accepted sports betting marketing. In other words, if you get an incentive to provide $ 500, $ 1, 000, and several thousands of states as a “free bed” to start sports betting, the sports betting platform offers a “free bed”. In many places, the state is like becoming a marketing partner in many places. For this reason, some states have a problem with the fact that the sports betting platform does not pay taxes when providing a “free bed”. And it will make people who should not be a betting habit to gain a bet habit.
Device: And the money spent by gambling operators for these promotions is counted as business losses and is subject to tax deduction. I see. Sports Bettin g-Can I use a credit card to put money or bet in the sportsbook account? Please explain its significance and solution.
Lipton: Yes, this is a very subtle problem. This is because you allow you to borrow money to bet, and if you have gambling addiction, it may quickly develop into a serious financial problem. For this reason, one state prohibits using a credit card before betting. However, in some states, it happened because credit cards were actually used for betting. And in various places around the world, we are struggling with this problem. One state acknowledges that payda y-day lenders will provide funds to sports gambling.
So there are a lot of open questions at the moment. You know, sports betting is not just sports betting. Mobile betting is available 24 hours a day, 365 days a year. It's in your pocket, so there are no more limitations. You don't have to go to a casino, you don't have to go to a store to buy a lottery ticket. You can bet any time, physically, just like social media does. So, can you also borrow money to make that bet? Is that a dangerous precedent?
Davies: Yes, that's true. Yes, that's true. And how do you deal with that? We use credit cards to buy sandwiches and gum these days, right? So does that mean that in many places you're exempt from gambling?
Lipton: Many states prohibit the use of credit cards for gambling. Some of the states that do prohibit it, at least temporarily, allow credit card bets due to lack of oversight. One of the problems is that as mobile betting has exploded, states have not built a regulatory system to make sure that all betting platforms are following all the rules. So the scale of betting has expanded significantly. If a betting platform self-reports that it's not following the rules, then state regulators will punish the betting platform.
Davies: So the issue of credit card betting is still a contentious one.
For example, Maine is one of the newest states to introduce sports betting. Maine is one of the states with stricter regulations on sports betting. They ban advertising in many places. They ban marketing on college campuses. They also ban celebrities from using ads. And promotional credits are no longer deductible like in other states. So, different states have different approaches.
Davies: Let me reintroduce. We'll take another break here.
I'm Eric Lipton, an investigative reporter for The New York Times. He and his team of reporters have written a series of articles about the boom of sports betting in America, titled "A Risky Wager." He'll be back to talk to us after this short break. I'm Dave Davies, FRESH AIR. (SOUNDBITE OF "Cherokee" by Christian McBride Trio) Dave Davies here, filling in for Terry Gross. My guest is Eric Lipton, an investigative reporter for The New York Times. He and his team of reporters from The Times recently worked on an investigation into the explosion of sports betting in the United States over the past four years. They cover the litigation and lobbying that led to legalization, the favorable terms that many state legislatures have given to gambling operators, the partnerships that sports betting operators have formed with sports leagues, universities and media organizations, and the human impact of sports betting. The Times series is titled "A Risky Wager" and can be found online.
When sports betting became legal in many states, I was amazed at the level of advertising. I mean, if you watched sports, there was advertising everywhere. Even online, on Instagram, Twitter, there was advertising everywhere. I'm interested in the strategies they use to draw new gamblers into the game. Your first bet is risk-free up to $2, 000. What does that mean?
Lipton: They were doing money, giving money, putting money on the table, and betting on our money in the first bet. If you lose, you will lose essentially. And what is happening now is like a loss leader struggle by a major company. If you dominate the market, you will be willing to lose in advance investment. Once you download the app and register with a specific company, you are more likely to keep betting at the company. Therefore, they are desperate to acquire you as a customer, and you will not be able to provide "free funds" in advance to invite your own platform. As a result, a variety of companies competed in huge competition. As a result, it was a competition to provide more free beds.
I would like to talk about various organizations, including universities and vocational schools, with gambling operating companies. This was very interesting. A photo of the banner ads in the Michigan State University's football game was posted, "The team name of Michigan State University (Spartan is Michigan State University)). ), Downloading the Caesers Sports Book & Casino app. We are targeting young people, but are there any special concerns about the people of that age to participate in sports betting?
Lipton: Yes. One of our reporters made this article with the students of the Journalism Department of the University of Colombia. It is quite unusual that there are nearly 12 such transactions with state schools, such as Louisiana State University, Michigan State University, Maryland University, Denver University, Arkansaw State University, and Nevada University. In these transactions, universities were profitable in exchange for the sale of the Sports Betting Platform. Obviously, many students are under 18 or under 21. Depending on the state, the age limit where betting is legal is different. < SPAN> Lipton: He said that they were doing money, giving money on the table, and betting on our money in the first bet. If you lose, you will lose essentially. And what is happening now is like a loss leader struggle by a major company. If you dominate the market, you will be willing to lose in advance investment. Once you download the app and register with a specific company, you are more likely to keep betting at the company. Therefore, they are desperate to acquire you as a customer, and you will not be able to provide "free funds" in advance to invite your own platform. As a result, a variety of companies competed in huge competition. As a result, it was a competition to provide more free beds.
I would like to talk about various organizations, including universities and vocational schools, with gambling operating companies. This was very interesting. A photo of the banner ads in the Michigan State University's football game was posted, "The team name of Michigan State University (Spartan is Michigan State University)). ), Downloading the Caesers Sports Book & Casino app. We are targeting young people, but are there any special concerns about the people of that age to participate in sports betting?
Lipton: Yes. One of our reporters made this article with the students of the Journalism Department of the University of Colombia. It is quite unusual that there are nearly 12 such transactions with state schools, such as Louisiana State University, Michigan State University, Maryland University, Denver University, Arkansaw State University, and Nevada University. In these transactions, universities were profitable in exchange for the sale of the Sports Betting Platform. Obviously, many students are under 18 or under 21. Depending on the state, the age limit where betting is legal is different. Lipton: They said that they handed money, put money on the table, and bet on our money in the first bet. If you lose, you will lose essentially. And what is happening now is like a loss leader struggle by a major company. If you dominate the market, you will be willing to lose in advance investment. Once you download the app and register with a specific company, you are more likely to keep betting at the company. Therefore, they are desperate to acquire you as a customer, and you will not be able to provide "free funds" in advance to invite your own platform. As a result, a variety of companies competed in huge competition. As a result, it was a competition to provide more free beds.
I would like to talk about various organizations, including universities and vocational schools, with gambling operating companies. This was very interesting. A photo of the banner ads in the Michigan State University's football game was posted, "The team name of Michigan State University (Spartan is Michigan State University)). ), Downloading the Caesers Sports Book & Casino app. We are targeting young people, but are there any special concerns about the people of that age to participate in sports betting?
Lipton: Yes. One of our reporters made this article with the students of the Journalism Department of the University of Colombia. It is quite unusual that there are nearly 12 such transactions with state schools, such as Louisiana State University, Michigan State University, Maryland University, Denver University, Arkansaw State University, and Nevada University. In these transactions, universities were profitable in exchange for the sale of the Sports Betting Platform. Obviously, many students are under 18 or under 21. Depending on the state, the age limit where betting is legal is different.
However, it was clear that the betting platform was aiming for young people. But now they are basically targeting minors. Marketing was for minors. Some other betting platforms say they are not going to participate in such an act. However, it has been controversial on many university campuses. However, this indicates how desperately these companies are to gain market share. And young people can be a great target market for them.
What had the effect on the Native American tribes due to the legalization of sports betting?
Lipton: In other words, it is different for each state. However, casinos have played an important role throughout the United States, such as Western United States, Connecticut, New York, and Florida. In many states, casinos have been a major source of income for Native American tribes. And now, a stat e-owned player that completely destroys the gambling environment is coming in. In Florida, the seminol tribe, the Native American tribe, was negotiated under incredible conditions. In Arizona, the tribes could not do that good trading. In other words, it depends on the ability and ability of individual tribes. Obviously, this is a threat to the main source of income for the tribes of the American indigenous people. If the state council does not have sufficient influence, you will lose major means to support education and health programs.
Davies: If you talk a little more about the gambling held here, what is Pallay Bet? < SPAN> However, it was clear that the betting platform was aiming for a younger person. But now they are basically targeting minors. Marketing was for minors. Some other betting platforms say they are not going to participate in such an act. However, it has been controversial on many university campuses. However, this indicates how desperately these companies are to gain market share. And young people can be a great target market for them.
What had the effect on the Native American tribes due to the legalization of sports betting?
Lipton: In other words, it is different for each state. However, casinos have played an important role throughout the United States, such as Western United States, Connecticut, New York, and Florida. In many states, casinos have been a major source of income for Native American tribes. And now, a stat e-owned player that completely destroys the gambling environment is coming in. In Florida, the seminol tribe, the Native American tribe, was negotiated under incredible conditions. In Arizona, the tribes could not do that good trading. In other words, it depends on the ability and ability of individual tribes. Obviously, this is a threat to the main source of income for the tribes of the American indigenous people. If the state council does not have sufficient influence, you will lose major means to support education and health programs.
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