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Author: Brian Pempus
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FanDuel Claims No Profiting From Prop Bet ‘Protect’ Feature
FanDuel Sportsbook launched a new gambling insurance-like feature that it’s calling “Bet Protect.” It raises some problem gambling concerns and questions about the impact on company profits. The feature lets bettors pay a 3% fee to hedge against injuries. For example, a prop bet on LeBron James to score over 21.5 points would be refunded…
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Your Child Is Already Gambling. You Just Haven’t Been Told Yet.
Many parents have questions about whether their child is gambling. I have two perspectives on this, and neither lets me sleep well. One is professional. I’m a child and adolescent psychiatrist. I understand how developing brains learn reward, risk, and self-control. Adolescence is a period when reward sensitivity and sensation-seeking peak while cognitive control is…
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Independent Experts To Hold Gambling Public Health Symposium
The Public Health Advocacy Institute will hold what it calls the first international symposium focused on online gambling as a public health issue in the United States. This is in contrast to the industry’s “responsible gambling” framing. The in-person event will be held at Northeastern University in Boston on Friday, April 24, from 9 a.m.…
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Powerball Gambling To Get Bigger, Faster With Expansion To UK
The Powerball jackpot is set to become even more enticing — and potentially harmful to some players — under a plan to expand the game to the United Kingdom sometime in summer 2026. It’s the first time the U.S.-based lottery game will be offered outside the country, potentially fueling even larger jackpots. U.K. players will…
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Dem Floats New Federal Online Gambling Tax—But Not For Addiction
Rahm Emanuel, a potential 2028 Democratic presidential candidate, proposes increasing the federal government’s dependency on online gambling, despite its known harms, which include elevated risks of suicide. Emanuel announced a plan he would presumably pursue should he take the White House to levy a new 10% federal tax on online gambling platforms and prediction markets…
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