Posts by GamblingHarm.org
NEW: A total online gambling advertising ban across Europe is proposed by the Standing Committee of European Doctors (CPME), representing over 1.7m doctors in 36 countries.
According to a newly adopted policy, CPME warns that online gambling has reached unsustainable levels.
'Bloodthirsty Leeches': Detroit Warns Of Fiscal Calamity From Prediction Markets
gamblingharm.org/blood-thirst...
CFTC wants you to use gambling to pay for cancer treatment:
“Say somebody has a condition. They want to be able to manage the potential risk of having a future treatment or medical costs. They can enter into a prediction market and place a bet on the likelihood of something passing a drug trial.”
NEW: An alarming report from the NY Fed adds evidence that legal sports betting is causing widespread harm to users' finances.
Among people who began sports betting due to legalization or easier access, the share who fell behind on at least one bill or debt increased by 10 percent.