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New Jersey lawmakers hear concerns over online sports betting and addiction

Regulation

New Jersey’s Legislature held a hearing on online sports betting on 24 October 2024, where industry representatives and gambling-harm advocates discussed its effects. More than $9.2 billion was wagered legally in the state during the first nine months of the year, and speakers cited addiction concerns alongside economic benefits.

The hearing may inform legislative decisions affecting online betting operators and gambling-harm services in New Jersey.

End-of-day close DraftKings (DKNG), USD, to 6 December 2024
Story date9 September 20246 December 2024

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Sports Betting Alliance gives Virginia senators US$500,000 after online casino bills stall

The Sports Betting Alliance gave five Republican Virginia senators US$100,000 each after the 2026 legislative session, citing the Poole Report. The senators supported online casino legalisation, but lawmakers failed to reconcile competing bills before adjournment. The alliance defended its contributions as support for regulated markets; senator Emily Jordan said outside funding would not determine her votes.

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