Close Menu
  • Keno Strategy
  • Keno Variations
  • Keno Odds
  • News
  • Casinos
  • Games
  • Handpays
What's Hot

Pennsylvania Supreme Court Set to Decide Fate of Skill Games

June 25, 2024

Pragmatic Play Partners with KirolBet in Spain

June 25, 2024

Spain Appoints Andrés Barragán Urbiola as Minister for Federal Gambling Reforms

June 25, 2024
Facebook X (Twitter) Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Facebook X (Twitter) Instagram Pinterest VKontakte
Keno WizardKeno Wizard
  • Keno Strategy
  • Keno Variations
  • Keno Odds
  • News
  • Casinos
  • Games
  • Handpays
Keno WizardKeno Wizard
Home » Underdog Sports Bucks Trend and Supports GRIT Act
News

Underdog Sports Bucks Trend and Supports GRIT Act

February 2, 2024No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Not everyone has been welcoming of the porposal and the American Gaming Association, a trade group, curtly rebuked the legislation in its current form. A measure such as that would further depress the competitiveness of the regulated gambling market, and give teeth to rogue and black market operators.

Not Part of the Pack

But this prospect does not seem to worry at least one company in the industry’s corner which remains non-chalant at the prospect of losing its keen edge to the black market. For now, though, Underdog Sports is leading a lonely club of operators that are plumping for the GRIT Act as outlined earlier.

The operator echoes the sentiment expressed earlier this year by the National Council on Problem Gambling (NCPG), arguing that the measure is a cleverly designed federal law that will help fill the current funding gap in the prevention and treatment of gambling addiction and research.

Underdog spoke exclusively with Sports Handle outlining its support for the GRIT Act and why it believes it is the right thing to do moving forward. In a statement to the publication, Underdog Sports VP of responsible gambling Adam Warrington said:

“There is a need for dedicated federal resources to aid problem gambling prevention, research, and treatment. The GRIT Act would direct existing tax dollars paid by legal operators to be utilized to fill the current funding gap.”

Would this see more operators follow suit? So far the response has been tepid, with responsible gambling campaigners and organizations, such as the aforementioned NCPG, showing a degree of partialness towards the matter.

See also  Michelle Rowland Believes Banning Gambling Ads in Australia Will Not Be Easy

Operators have mostly mummed the word as if waiting for an official cue. One such has come from AGA, criticizing the GRIT Act and warning about the dangers of passing legislation without a broader collaboration between lawmakers and authorities.

Sorely Needed Action Now

Underdog Sports’ perspective is a refreshing take on the issue, but it’s a lone voice for the time being. For actual industry reading to be made, there will have to be more companies that speak up about where they stand on the matter.

It is not very likely to see individual operators hew too far from the position outlined by AGA, but Underdog Sports is already bucking the trend which will most likely beget a broader debate, and set a healthy precedent.

Some lawmakers have already voiced their concern about the lack of adequate measures to curb problem gambling in the United States, with Congresswoman Andreas Salinas sounding the alarm over the lack of adequate measures.

Act Bucks GRIT Sports supports Trend Underdog
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Pragmatic Play Partners with KirolBet in Spain

June 25, 2024

Spain Appoints Andrés Barragán Urbiola as Minister for Federal Gambling Reforms

June 25, 2024

Brazil Moves Forward with Casino and Bingo Legalization

June 24, 2024

Bovada Exits Michigan and Colorado After Regulatory Warnings

June 24, 2024
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Pennsylvania Supreme Court Set to Decide Fate of Skill Games

June 25, 2024

Pragmatic Play Partners with KirolBet in Spain

June 25, 2024

Spain Appoints Andrés Barragán Urbiola as Minister for Federal Gambling Reforms

June 25, 2024

MGM Resorts and Playtech to Introduce Live Casino Content

June 25, 2024
Top Reviews

Negotiations Spare Las Vegas Two Strikes

NY State Sen. Addabbo Trying to Usher in iCasino and iLottery

Microgaming Returns To Its Roots, Says Its Newest CEO

Subscribe to Updates

Get the latest creative news and blogs update directly in your Inbox!

Keno Wizard
Facebook X (Twitter) Instagram Pinterest Vimeo YouTube
  • Contact
  • Privacy Policy
  • Terms & Conditions
© 2024 Kenowizard.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.