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Bill would ban sports betting ads during games and forbid bets on college athletes Wayne Parry Associated Press
ATLANTIC CITY, N.J. (AP) — The federal government would ban in-game advertising and bets on college athletes under a sports betting regulation bill proposed by two northeastern legislators.
Rep. Paul Tonko of New York and Sen. Richard Blumenthal of Connecticut introduced the bill Thursday. It’s designed to address what they say are the harmful effects of the rapid expansion of legal sports betting in the U.S. since 2018.
The measure also would forbid the use of credit cards to fund online gambling accounts. The Democratic legislators say sports betting, now legal in 38 states plus the District of Columbia, has increased gambling addiction and other problems. Every moment of every game is a chance to gamble, Tonko said.
“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,” Tonko said.
Blumenthal called the measure a matter of public health.
“It is a matter of stopping addiction, saving lives, and making sure that young people particularly are protected against exploitation,” Blumenthal said.
The legislation already faces strong opposition from the gambling industry, which has said for years that it should self-regulate sports betting advertising to avoid the federal government imposing standards on it.
The American Gaming Association, the gambling industry’s national trade association, said sports books already operate under government supervision, contribute billions of dollars in state taxes, and offer consumers protections that don’t exist with illegal gambling operations.
“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,” it said in a statement.
The industry has adopted sports betting practices that include some limits on advertising, but critics say they don’t go far enough.
Harry Levant, director of gambling policy at the Public Health Advocacy Institute at Northeastern University School of Law, compared gambling to drugs and alcohol in terms of potential addictiveness. “With every other addictive product or substance, the government regulates the advertising, promotion, distribution, and consumption of the product,” he said. “With gambling, sadly, the exact opposite is occurring.”
The National Council on Problem Gambling says “gambling problems may increase as sports gambling grows explosively” across America.
The bill would prohibit operators from accepting more than five deposits from a customer over a 24-hour period, and check on a customer’s ability to afford depositing more than $1,000 in 24 hours or $10,000 in a month.
The bill also would ban “prop” bets on the performance of college or amateur athletes, such as how many passing yards a quarterback will rack up during a game.
NFL, NBA support federal betting regulations, wary of other restrictions David Purdum ESPN Staff Writer Sep. 19, 2024
The NFL and NBA see positives and negatives in a federal sports betting bill introduced in Congress last week that includes advertising restrictions and prohibitions on live wagering, according to sources familiar with the leagues' positions.
The Supporting Affordability and Fairness with Every Bet Act -- or SAFE Bet Act -- would prohibit sportsbook advertising from 8 a.m. to 10 p.m. and during live sports broadcasts. It would also ban bets on individual college athletes and in-game wagers on professional or college sports, something the NCAA has been lobbying for in states.
The league sources expect a lengthy legislative process with many adjustments to the SAFE Bet Act. The proposed ban on sportsbook advertising raised eyebrows at the leagues, according to sources.
Sportsbooks spent an estimated $22.9 million on 66 minutes of national linear TV ads during live NFL games the past two weeks, according to iSpot.TV, a company that measures the brand and business impact of TV and streaming advertising. The sportsbooks' ad spend ranked sixth among all industries, and the airtime ranked eighth. Both figures are down approximately 15% from the first two weeks of last season, according to iSpot.TV.
The elimination of live betting -- an increasingly popular form of wagering that takes place during games -- is also likely to be a sticking point for the NFL and NBA and sportsbooks, according to the sources.
An NFL source told ESPN that the league is appreciative of legislative interest, especially any provisions in the SAFE Bet Act designed to help protect the integrity of the league and help combat game manipulation.
"At the same time, though, we're concerned that there might be some unintended consequences on some of these provisions," the league source said. "They're ripe for further discussion."
Major League Baseball and the NHL did not respond to requests for comment from ESPN.
An NCAA spokesperson told ESPN that the organization welcomes the SAFE Bet Act, particularly the provision that bans prop bets on individual college athletes, and supports national standards that "protect competition integrity" and "educate young people about the dangers of sports betting." Betting on individual collegiate players is banned in 18 of the 38 states that offer legal betting, according to the NCAA.
An NBA source told ESPN that the league is monitoring the legislation and believes it is "at the starting point to a very lengthy process."
NBA commissioner Adam Silver emphasized his continued support for a federal framework for sports betting at the league's board of governors meeting Sept. 11, saying the "hodgepodge" of state-by-state regulations makes monitoring betting more difficult.
Silver became the first acting league commissioner in the U.S. to come out in support of legalizing sports betting nearly 10 years ago, in an op-ed in The New York Times.
"I certainly don't regret writing that op-ed and being in favor of legalized sports betting," Silver said at the board of governors meeting. The SAFE Bet Act was introduced last week by Rep. Paul Tonko, D-N.Y., and Sen. Richard Blumenthal, D-Conn., who are alarmed by increases in calls to problem gambling helplines as legal betting has spread to 38 states and the District of Columbia.
Sports Gamblers Beware, You Could Lose Everything You Have, Including Your Home, Your Job, Your Family, and All That You Have Worked For Your Entire Life If You Make Live Odds Sports Betting a Way of Life!
For those sports betting enthusiasts, Live Odds Sports Betting could either be a great financial reward or a disaster to your wellbeing because it could turn into gambling addiction once the game begins.
For NFL football fans, during the Super Bowl there are more than 400+ possible “Prop Bets” that anyone can place a wager on during the game, because every imaginable action can lead to a “Live Odds” wager for what could amount to exorbitant funds being either won or lost in an instant.
Live Odds Sports Betting is a dangerous endeavor for a gambler if you’re not careful and unable to control your addiction, which could lead to someone’s life savings and more being lost because once the adrenaline kicks in and flowing, bettors are emotionally caught up in the moment hoping for their bets to be a winner.
A completed pass, a long run from scrimmage, a fumble, a field goal, a safety or a touchdown and so many more possible outcomes could cause a wager to be placed and the “odds” are constantly evolving throughout the game and before one realizes it a fortune can be lost in the blink of an eye!
Live Odds Sports Betting is not for the weak of heart because before you know it everything you own could be lost forever and the real winners are the organizations you are placing your bets with, which is most likely a casino in Las Vegas or Atlantic City because the “house always wins”.
The odds are structured in a way to always favor the casino therefore the bettor is most likely on the losing end of the wager, even though it may appear that you have an equal chance of winning which is rarely the case.
A subject for the bettor to consider is that the vast majority of people never think about is how the Live Odds are calculated, what entity is determining those odds and are those odds created in a way to favor the casino and what might their benefits be in the overall scheme of things and could the odds be manipulated to the detriment of the gambler.
There needs to be a disinterested third party creating and monitoring the odds throughout the sporting event for whatever sport is being played at the time, and this organization must be above reproach or the bettors won’t stand a chance of winning the bets
This entity must be well known throughout the industry and the public alike to maintain a standard of trust and reliability.
This organization who is providing the odds could easily mask the situation leading to the odds being manipulated in a manner favorable to one end of the bets or the other to cause the bettor being taken advantage of without the bettor even being the wiser, since they are not sophisticated enough to either understand or comprehend how the odds are calculated which is just one more way for the casino to control the outcome, causing the bettor to lose everything they have and more.
At the forefront of the various odds favoring the casino, the team, a specific player or whoever might benefit from the outcome of that specific wager in which case the bettor is on the losing end.
Whoever is creating the odds and what entity is calculating the probability of any result that may occur, based upon any positive or negative action which is paramount to whether the bettor wins or loses if those odds are tweaked towards another involved in the outcome.
Can the organization be trusted with the odds being neutral, is someone monitoring the low level employees who might be tempted to tweak the rules or will it manipulate those odds in such a way that no one will recognize whether those odds were tweaked or not.
This company must be above reproach and could any one individual who is employed with that company alter the odds without anyone noticing that they did, this is a huge advantage for whoever is in control of creating or monitoring those odds with impunity.
Is this organization deriving income from the results as to whether the casino etc. wins a large percentage of the specific bets or are they being paid by the game, the hour, the month or the season, these are factors that must be considered when placing a bet in the Live Odds Sports Betting arena.
The tremendous amount of money at stake here is literally incalculable due to the vast number of sports involved, and we are talking about $Billions of dollars invested so the risk of manipulation is definitely monumental so there is a tremendous risk and whether we can trust the casinos etc. and the company involved with the odds is astounding.
There is a considerable amount of opportunity to create an environment of cheating by any casino owner and also the company that is acting as the “Official Odds Provider” so this then is ample opportunity for the players to cause the odds to rise or fall instantly and inappropriately to manipulate the game to anyone wishing to throw the game at numerous times during the course of the event, to one or another, whoever may have the advantages benefit their opponent or themselves illegally.
Since there are literally $Billions of dollars at stake the chances are very high that either the casino and/or the “Official Odds Provider” would simply tweak the system and in this scenario who is going to monitor and police this “Official Odds Provider” be tempted to cheat the bettors out of their hard earned , which is why “Live Odds Sports Betting” is extremely risky and a high probability that the bettors could lose everything they have which could lead to SUICIDE even if the entities involved are not checked 24 hours a day by the legal system because they may have a tendency to cheat considering the huge amount of money at stake.
The end result is that the bettor could very well be at a distinct disadvantage and whatever casinos are involved may be the overall winner regardless of any other factors.
Therefore “Live Odds Sports Betting” is definitely a losing proposition for the bettors and the only real winners are the casinos and the “Official Odds Provider” and bettors should refrain from getting involved as the final outcome will be that they most likely will lose everything they ever had or hope to obtain.
There is a profound and well deserved fear amongst gamblers aka sports bettors that a casino would be in cahoots with the only “Official Odds Provider” because they may have a financial incentive to tweak those odds in favor of this casino causing a dire economic crisis for the bettors and the connection between these two parties to the detriment of everyone else and their disingenuous relationship should be investigated by Congress to ensure the integrity of this partnership.
If you or a loved one shows signs of a gambling addiction you can seek help by calling the National Gambling Hotline at 1-800-522-4700 or visiting the National Council on Problem Gambling website, ncpgambling.org
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Personeity.com $5,000
Perfectibilism.com $5,000
PersonalLoaning.com $35,000
Philhippic.com $5,000
Planiloquent.com $5,000
PlayActionSoulFood.com $35,000
PredatoryGambling.com $25,000
PredatorySportsbetting.com $25,000
PredatorySportsbook.com $25,000
PropSportsbetting.com $25,000
PropSportsGambling.com $25,000
PropertyLoaning.com $25,000
QaaSAI.com $5,000
QaaSCloud.com $5,000
QaaSComputing.com $25,000
QaaSEcosystem.com $25,000
QaaSFinance.com $25,000
QaaSHealthcare.com $5,000
QaaSInvesting.com $5,000
QaaSMarketing.com $25,000
QaaSRevolution.com $25,000
QaaSSoftware.com $5,000
QaaSTechnology.com $25,000
Racialisms.com $5,000
RealEstateLoaning.com $65,000
RealityLabsMetaverse.com $85,000
ReFiLoaning.com $35,000
RefinanceLoaning.com $35,000
ReserveTranche.com $5,000
ReverseMortgageLoaning.com $25,000
Ribtickling.com $5,000
Ritualizes.com $5,000
SafeBetAct.com $35,000
Secerns.com $5,000
Sectators.com $5,000
Sectist.com $5,000
Sexualizes.com $25,000
Seisins.com $5,000
Semovedly.com $5,000
Silverizing.com $5,000
Specificize.com $5,000
SportsGambling365.com $25,000
Suasible.com $5,000
Suaviloquence.com $5,000
Suborning.com $15,000
Superabounds.com $25,000
Synomocy.com $5,000
Thereinto.com $5,000
Tightiest.com $5,000
Timbrology.com $5,000
Tractates.com $5,000
Transfrete.com $5,000
Trickment.com $5,000
Twitterlight.com $25,000
Unequivocably.com $5,000
Unigenous.com $5,000
USFootballGambling.com $25,000
USRealEstateBureau.com $35,000
USSportsBureau.com $50,000
USSportsHub.com $35,000
Usufructuary.com $5,000
Vadimony.com $5,000
VALoaning.com $35,000
VegasBasketballTeam.com $25,000
iVegasSportsGambling.com$25,000
VegasCasinoSportsbetting.com $25,000
VegasCasinoSportsbook.com $25,000
VegasCasinoWagering.com $25,000
Volumenometer.com $5,000
VIPSportsGambling.com $25,000
You8Yet.com $35,000
In addition:
AccidentsHotline.com $15,000
AccidentsHelpline.com $15,000
BaseballSportsGambling.com $25,000
BasketballSportsGambling.com $25,000
CasinoSportsGambling.com $35,000
CasinoSportsWagering.com $25,000
FootballSportsGambling.com $25,000
FootballSportsWagering.com $25,000
FutbolSportsbetting.com $25,000
FutbolSportsGambling.com
$25,000
iGamblingDomains.com $35,000
LasVegasSportsWagering.com $25,000
MajorLeagueGambling.com $35,000
MajorLeagueSportsbetting.com $35,000
MajorLeagueSportsGambling.com $35,000
MajorLeagueSportsWagering.com $25,000
MajorLeagueSportsbook.com $35,000
MajorLeagueSportsTV.com $25,000
MajorLeagueSports.tv $25,000
MajorLeagueTelevision.com $25,000
MajorLeagueWagering.com
$25,000
MobileSportsGambling.com $35,000
MetaPlatformsAI.com $75,000
MetaQuestHeadsets.com $75,000
MetaQuestMetaverse.com
$75,000
RealityMetaverse.com $65,000
SoccerSportsGambling.com $25,000
SportsbettingHotline.com $25,000
StockMarketGambling.com $35,000
TribalCasinoSportsbetting.com $25,000
TribalCasinoSportsbook.com $25,000
TribalCasinoSportsGambling.com $25,000
TribalSportsbook.com $35,000
TribalSportsGambling.com $25,000
TribeSportsbook.com $25,000
TribeSportsbetting.com $25,000
TribeSportsGambling.com $25,000
VirtualRealityMetaverse.c
om $65,000
WebSportsGambling.com $25,000
If you wish to purchase any or all you may submit your offers and I may be reached via email at Contact at GenerativeAIDomains dot com, Contact at MetaverseDomainNames dot com or bandido66 at hotmail dot com
Prices are subject to change without notice.