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US House subcommittee examines campus gambling risks

Regulation

The House Subcommittee on Higher Education and Workforce Development reportedly held a hearing on Wednesday about gambling risks for US students and student athletes. Rep. Michael Baumgartner cited a survey finding that 31% of male students and 25% of female students knew someone who had experienced financial distress or academic problems after online wagering losses.

The hearing addressed risks to students and student athletes, including financial harm and exposure to harassment.

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Buenos Aires lawmakers fail to advance online gambling bill after quorum lapse

A committee of the Buenos Aires provincial Chamber of Deputies could not discuss a bill on online gambling and advertising on 12 November because it lacked a quorum, chair Micaela Olivetto said. The proposal would direct 3% of monthly betting revenue to sports-related funding, but opposition lawmakers want municipalities to distribute the money. Olivetto and co-sponsor Facundo Tignanelli called another meeting for 17 November.

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