Category
🥇
SportsTranscript
00:00All right, so what I find fascinating is some of the new responsible gaming ads, Pat, are
00:06really focused more around accepting the fact that people and younger people are going to
00:14bet on sports, which I don't know that we would have guessed these kind of ads would
00:18have been around five years ago.
00:19But I think we've come to the foregone conclusion that it's going to happen.
00:23And so over at this website, knowyourplay.org, that's the new responsible gambling website
00:29that they have up.
00:30It seems to just simply focus on younger people who are betting and making sure they just
00:35understand what their limits should be.
00:38And that's a pivot from where we were several years ago, where people just said, don't bet
00:42if you can.
00:43Now it's like, all right, if you are, just be careful, right?
00:46Yeah.
00:47I mean, when this started in 2018, the big wave of legalization, it was important to
00:52note the importance of regulation.
00:54We talk about that all the time, about bringing it into the light, making sure consumer protections
00:57are there.
00:58I think this is the next step.
01:00And it is because we are seeing lots of headwinds.
01:03We've talked about the U.S. congressional hearings, the U.S. bills that are being considered
01:07to put nationwide frameworks in this.
01:11We've seen a lot of action at the state level talking about responsible gambling being more
01:15important, more advertising restrictions and the like.
01:19Well, the Responsible Online Gaming Association, which is made up of nine of the operators
01:24in the sports betting industry, including FanDuel, DraftKings, BetMGM, they've put out
01:31this Know Your Play campaign.
01:35It's, to your point, focused at college age demographics, not necessarily college students,
01:40it's just that age of demographics, which people often say is the riskiest demographic
01:45when you're getting into sports betting and gambling.
01:49And it is all about kind of teaching them just the things you laid out.
01:53Know your limits, know the mental health aspects of this and how it can become a problem, things
01:59like that.
02:00And it is a lot of online resources, but they are going to do in-person seminars and workshops
02:06on college campuses.
02:07They said they're also going to have pilot programs at a few special, you know, certain
02:12colleges to do this.
02:14And I think this is just another step from all these operators who, you know, at times
02:19it might have felt sometimes, you know, I'm not saying it is.
02:22I know a lot of the people at these organizations and they do care about responsible gambling
02:26and worrying about addiction and the like.
02:29But a lot of times it could have felt, and for people who are against the industry might
02:33feel it's a lot of lip service about responsible gambling.
02:36But I think this is another big step in the right direction of saying, hey, no, we really
02:39want to take proactive steps in helping make sure this doesn't become a big societal problem
02:45because we know the importance of having a regulated industry and we don't want it to
02:49become a bad problem in the country.