A bill in Congress would crack down on sports gambling amid public health concerns
Briefly

Rep. Paul Tonko emphasized the urgency of the situation, stating that the expansion of legal sports betting has created a disturbing rise in gambling addiction, leading to severe personal crises. He noted, 'That's resulted in a frightening rise in gambling disorder, which has in turn enacted a horrific toll on individuals, many of whom have lost their home, job, marriage, and their lives.'
Sen. Richard Blumenthal framed the proposed legislation as a public health initiative aimed at protecting vulnerable populations, particularly young people. He remarked, 'It is a matter of stopping addiction, saving lives, and making sure that young people particularly are protected against exploitation.'
The gambling industry is pushing back against the proposed federal regulations, arguing for self-regulation. The American Gaming Association stated, 'Six years into legal sports betting, introducing heavy-handed federal prohibitions is a slap in the face to state legislatures and gaming regulators who have dedicated countless time and resources to developing thoughtful frameworks unique to their jurisdictions.'
Read at Fortune
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