Who Loses as Online Betting Takes Over Sports?
There is a new trend of sports betting in North America. It's legal in Canada and there are many sports-betting platforms. Media personalities and broadcasters are getting in on the action. It poses serious risks to problem gamblers and sports fans. The new forms pose serious risk to the integrity of sport itself. There is also a risk of gambling addiction. Sports betting is becoming more popular. ESPN, CBS, The Athletic, TSN, and TNT are all official betting partners. Disney owns a stake in DraftKings. Since 1985, Canadian lottery corporations have provided sports tickets. They allow for two types of bets: parlay bets and parimutuel bets.
17% of World Cup advertising in 2014 was for gambling. Matthew Young is Director of Research and Evidence Services at Gambling Research Exchange Ontario. He suggests looking abroad to more established betting markets for policy direction. Belgium is set to ban nearly all forms of gambling advertisements. UK government has launched a law review that will consider banning betting firms from sports sponsorship on team jerseys and lowering online casino stakes. In the Netherlands, recent legislation has put the onus on gambling companies to prove that their ads are not being seen by people under 24. In Canada, the gambling-advertising policy is all over the place.
