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They could log on to a foreign gambling site and proceed to spend thousands of dollars. However, know-your-customer protocols in other countries with regulated online gambling — in addition to NJ and other states launching online gaming — makes the scenario painted by Bruning and Bernal unlikely.
There are not widespread examples of minors gambling online at regulated sites and apps. Every NFL team's record against the spread and more.
Notable Bets: Jets spoil biggest win of season for bookmakers. Ohio St. Ohio State Buckeyes. NCAA official warns against player-based betting.
Johnson wins Masters in record-breaking fashion. Louisiana, Md. Dakota approve sports betting. Load More. Top Sportsbooks In Your State.
State Sports Betting Guides. Most Read. Get Email Updates. Each of these topics could be a lengthy column, so for the sake of brevity, here is a summary of each issue.
And of course, overreach, or vague language could quickly turn each of the following ideas into a negative for the US sports betting industry.
If Congress intends to involve itself in sports betting, it should look to set the floor for states and not impose burdensome hurdles that look more like a ceiling.
That allows states to determine if and how far they want to go above and beyond the federal mandates. The federal mandates could cover anything from geolocation and KYC checks to setting a minimum age standard of 18 years old.
For example, the NBA has already partnered with MGM Resorts as its official gaming partner to give it access to official league data as part of their deal.
The leagues are likely to want gambling operators to pay a license fee for access to this type of data, but the AGA thinks that this data should be open and free for all to use as they see fit.
Monopoly situations could be created if only certain operators have partnerships with the respective leagues and are the only ones with access to certain data.
This could lead to the industry becoming uncompetitive, which ultimately would have a negative impact on sports bettors. Another major issue that needs to be discussed any time a new form of gambling is legalized is the impact it might have on levels of gambling addiction, particularly among young people.
As so many young people are infatuated with sports, they can be easily influenced if they are bombarded with advertisements that showcase the seemingly all-positive side to sports betting.
Chiefs' win equals big loss for bookmakers. Jaguars upset bad for bettors, survivor-pool players. Will the NFL season see the death of home-field advantage?
Bengals winning No. Cincinnati Bengals. Tom Brady in Tampa Bay equals big betting on Bucs. Kansas City Chiefs.
Why betting big NBA playoff favorites could be a bust in Best individual betting seasons for every NBA team. Nadler sees both sides of the issue, both the potential dangers and the freedoms which citizens should enjoy.
Slane chimes in to testify that appropriate controls are in place at the state level to protect consumers, including problem gamblers.
That is, after all, one of the key selling points of regulation. Harris rebuts that claim, arguing that state regulations that impose high standards on operators are the perfect tool to combat such activities.
She runs through the way it works in Nevada, including the in-person requirement for sports betting account registration.
Harris says she feels there would be some jurisdictional concerns about updating the federal law. Both Bruning and Bernal again argue that Congress must get involved to hep curtail illegal online gambling.
Cedric Richmond focuses on gambling on credit versus using funds available on a debit card. He takes issue with credit as an available option for gamblers.