On betting’s biggest day, a new scandal puts the sports world on edge

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As Americans raced place wagers on teenage basketball players Thursday, a new scandal amplified calls for the country’s booming sports-betting industry to be restrained — and reformed.

Shohei Ohtani and the Los Angeles Dodgers opened their season against the San Diego Padres in Seoul. As millions of Americans raced to fill out brackets and place wagers on teenage basketball players Thursday, another scandal amplified calls for the country’s booming sports-betting industry to be restrained — and reformed.played on in the Dodgers’ season-opening series in Seoul

The result: A generation of new fans who appear to be increasingly engaging with sports through the lens of their favorite betting app. Though it was impossible to track figures before widespread legalization, Americans legally wagered $119.84 billion on sports in 2023, according to the American Gaming Association, up more than 27 percent from 2022.“And most of them are going to lose,” Sen. Richard Blumenthal said Thursday. “That’s the way the world works. The house wins, the bettors lose.

“There’s no doubt about it that it’s crossed the line,” Bickerstaff added. “The amount of times where I’m standing up there and we may have a 10-point lead and the spread is 11 and people are yelling at me to leave the guys in so that we can cover the spread, it’s ridiculous.”Viewers will be able to see betting lines on the screen in real-time, select the bet they want to place, and then be taken directly to FanDuel or DraftKings to place it.

In January, Blumenthal introduced a bill that treats problem gambling as a public health matter. Among other things, his bill seeks to direct the U.S. Department of Health and Human Services to divert money to states to address problem gambling. A corresponding House bill was introduced by Rep. Andrea Salinas .Blumenthal this week wrote letters to eight leading sports gambling companies, urging them to do more for treatment and problem gambling.

 

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