NCPG offers advice on college sports betting partnerships
The NCPG has released the document offering advice on college sports betting partnerships as the US sports betting market continues to grow.
US.- The National Council on Problem Gambling (NCPG) has released a report which includes recommendations for sports betting operators on partnerships with colleges or high education institutions.
The report entitled “Recommendations on Partnerships Between Higher Education Academic Institutions and Sports Betting Operators” discusses how operators as well as colleges and state governments can help avoid an increase of problem gambling in young adults.
The NCPG released the document as the US sports betting market continues to grow. The rapid growth has become a cause for concern for some.
The report puts forward statistics showing that young people are especially vulnerable to problem gambling.
The NCPG’s executive director, Keith Whyte, said: “The NCPG Prevention Committee’s report is comprised of recommendations that can help limit the number of young adults who could develop signs of gambling addiction as a result of sports betting, which is expanding rapidly across America.
“We hope gambling operators, institutions of higher learning and state officials each feel a sense of urgency in adopting these responsible gambling policies and problem gambling treatment measures, whether sports betting is legal or might be in the near future.”
Key points
Some key points for operators include not offering incentives to institutions for participation in sports betting and providing data to colleges on betting activity and patterns.
Colleges are recommended to set standards and policies for what type of sports betting advertising and promotion can occur and offer problem gambling treatment services on campus to anyone who might need it.
Finally, state governments are advised to conduct surveys on problem gambling and set aside at least 1 per cent of sports betting revenue to address the issue. States should also ensure an effective regulatory body is in place.
