Legal Gambling on NFL Games May Reach $35 Billion This Season

Written by :

C Costigan

Published on :

4 September, 2024

Legal gambling on NFL games may reach $35 billion this season.
Virginia seeks to have gambling sites pay into problem gambling fund.
More raids of North Carolina fish arcades.
Republicans secretly want Donald Trump to lose?

Gambling News

Legal Gambling on NFL Games May Reach $35 Billion This Season

The American Gaming Association estimates that $35 billion will be bet legally on the NFL this season, according to CNBC. That would be a 30 percent increase over last season, thanks to three more states legalizing sports gambling (bringing the total to 38 states where it’s legal to bet on the NFL) and the proliferation of betting options leading more people to bet more money.

More than 95 percent of that betting will be done online, as apps make it easier than ever to gamble from home, and while watching games.

Gambling News

Virginia Sportsbooks Will Soon Be Paying Into Problem Gambling Fund

A committee is set to vote in November on the creation of a new independent state agency in the commonwealth of Virginia — dubbed the Virginia Gaming Commission — to consolidate the regulatory powers over online gambling, charity gaming, bingo, live horse racing, fantasy contests, the state’s five licensed casinos, and 10 licenses for Rosie’s Gaming Emporium.

They'll also be looking to have gambling companies pay into a problem gambling fund.

Markus Schmidt of the Virginia Mercury delves into the problem gambling situation in the commonwealth:

Because there are currently no federal funds designated for problem gambling treatment or research — unlike the billions of dollars in funding for alcohol, tobacco and drug addiction — the General Assembly last year passed legislation creating a new Problem Gambling Treatment and Support Advisory Committee within the Department of Behavioral Health and Developmental Services to address and mitigate gambling addiction in Virginia.

The legislature previously created a Problem Gambling Treatment and Support Fund to help pay for “counseling and other support services for compulsive and problem gamblers, developing and implementing compulsive and problem gambling treatment and prevention programs, and providing grants to support organizations that provide assistance to compulsive and problem gamblers.”

Gambling Crime

Report: Republicans Secretly Want Trump to Lose

WHAT IF TRUMP LOSES? — A few days ago, conservative commentator ERICK ERICKSON raised eyebrows in GOP circles when he spilled a dirty little secret on X: Some Republicans are privately OK with a DONALD TRUMP loss on Election Day.

But there’s another part to that secret: It’s not just the Never Trumpers. Some of the Republicans wishing for a Trump loss include long-standing GOP figures throughout the nation who bleed red and wouldn’t dare to say this publicly but who are more than ready to move on from the Trump era.

This morning, these Republicans get their perspective aired by our own Jonathan Martin, who argues in a new column that “the best possible outcome in November for the future of the Republican Party is for Donald Trump to lose and lose soundly.”

Source: Politico

Trump and Vice President Kamala Harris were in a dead heat at -110 apiece at the online gambling websites.

By Chris Costigan

Chris founded Gambling911.com in 1999 and serves as the website's publisher. He brings more than 3 decades of expertise related to the gambling and sports betting sector. Creative talent is in Chris' genes, which he brings to the G911 website. He comes from a showbiz family that includes Yankee Doodle Dandy George M. Cohan. Chris is the grandson of artist John E. Costigan, whose work appears in the Smithsonian. Chris' father was also in the news business and co-founded what is today the Union County Performing Arts Center. Chris is a graduate of Kean University.