On Tuesday, police also raided an apartment in the village of Calangute and arrested four people operating an online gambling site. Between the two raids, police seized approximately $3,126.
But the slope can be a slippery one. While merely .6 percent of American adults would be classified as problem gamblers, according to a 2008 study in the journal Psychological Medicine, that number skyrockets to between six and nine percent for college-aged- people, according to a 2010 Journal of American College Health report. Successful gamblers win only about 53 to 54 percent of the time, according to Sean Brace, program director and host for The Gambler, Philly’s Fox Sports radio station. It’s a statistic that many gamblers — especially brash young bettors — don’t believe. So they bet. And bet. The opportunities are endless, and the potential for that next wager is always just a swipe and a click away. The sea change in sports fandom is fortified by technology, social media, data, and, most importantly, young people’s primary connection to the world: cell phones.
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California Ballot Referendum: California, the most populous state, has legalized sports betting on its ballot this Election Day. Kantar/CMAG reports ad spending has already exceeded $300 million. When compared to previous ballot measures, Steve Passwaiter, a Senior Advisor to Kantar/CMAG notes, “It’s clearly set a new record, the spending to date has beaten totals for the 2020 measure [Proposition 22] on gig workers.” Additionally, to date, the California propositions has easily surpassed the ad dollars spent in any statewide political election this year (the Senate race in Pennsylvania being the second most costly). Alaska also has a ballot referendum on sports betting in November.
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