Vulnerable household members are betting big on sports gambling while saving less. That’s the conclusion reached in a new study by professors at the universities of Kansas, Brigham Young and Northwestern. “There is more of a worry that they’re already running short of what they need to have, what they need in retirement,” KU Assistant Professor of...
Tag: New York State
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Bill would ensure hotline appears on mobile betting ads
A newly passed bill aims to ensure that as mobile sports betting becomes increasingly popular, online formats are included in laws that govern how warnings about gambling problems are distributed. Rep. Clyde Vanel said access to gambling in New York state has rapidly expanded in recent years, and regulations must keep pace with that evolution...
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NY Sports Betting: Recent Changes to the Budget | Point Spreads
Two major NY sports betting-related changes were made to the New York State budget last weekend prior to its finalization. First, language authorizing bettors to place proposition wagers — commonly known as prop bets — on New York State sports award futures was removed from the budget as well as language authorizing 1% of state...