Largest U.S. sportsbooks join forces to tackle problem gambling
Publishing timestamp: 2024-03-27 12:54:22
Summary
The nation's largest online gaming companies are forming a group called Responsible Online Gaming Association to promote responsible gaming practices and share information about problem gamblers. The group aims to create best practices, education, and a certification program to assess members' responsible gaming efforts. This comes as the sports betting industry sees dramatic growth and potential issues with integrity and addiction. Some industry insiders are skeptical of the new group, while others see it as a positive step towards addressing these concerns.
Sentiment: POSITIVE
Tickers: PENN, MGM, DKNG, FLTR-GB, FLUT, CZR,
Keywords: caesars entertainment inc, gambling, retail industry, draftkings inc, business news, mgm resorts international, flutter entertainment plc, business, penn entertainment inc, united states, sports,
Source: https://www.cnbc.com/2024/03/27/largest-us-sportsbooks-join-forces-to-tackle-problem-gambling.html