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deskgameThe division also fined Amelco, a London-based sports betting technology company, $10,000 for violations including allowing sportsbook PlayUp to take a bet in March 2022 on Transportation Secretary Pete Buttigieg becoming the next U.S. president. Although recent court decisions allowed political betting in last month’s election, it was not allowed at the time the bet was made.
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deskgameWe can’t bet on the federal government to ensure gambling companies are reevaluating their regulatory compliances and working to address new ways gambling habits can become unmanageable. Sixty-one percent of New Jersey residents reported gambling last year. The Rutgers University Center for Gambling Studies’ 2023 Prevalence Report finds online gambling is most popular among young adults 18-24. In 2017, only 7% of this age group preferred online betting; that number surged to nearly 34% in 2023.
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