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Congressman Jim Moran, a Virginia Democrat, has introduced a legislative proposal aimed at investing federal financial resources in addictive gambling research and treament, according to The Hill blog.
Moran notes that the majority of Americans gamble, most without doing harm to themselves, their families or their communities....but unfortunately, for approximately 3-4 percent of American adults, recreational gambling can become a problem.
The politician says that as state governments look for ways to boost revenues in these tough economic times, many are turning to legal gaming operations to expand the tax base.
"Based solely on the law of averages, this will in turn increase the number Americans struggling with gambling addiction," Moran opines, adding that he has therefore introduced legislation titled the “Comprehensive Problem Gambling Act,” (HR 2906) which for the first time would devote federal resources to the research and treatment of problem gambling.
"The bill, supported by the National Council on Problem Gambling (NCPG), represents a long overdue federal commitment to address gambling addiction, whose social repercussions add up to more than $7 billion each year," claims Moran.
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Under the legislation the Substance Abuse and Mental Health Services Administration (SAMSHA) would be the lead agency tackling problem gambling. SAMSHA would conduct research, develop guidelines for effective prevention and treatment programs, and provide assistance to community-based gambling addiction services. In addition, the bill would establish a grant program to assist states and localities in administering prevention and treatment programs, to fund research efforts to better understand problem gambling, to develop effective treatment programs, and to support a national public awareness campaign.
"With the expansion of gambling operations, problem gambling will grow," Moran concludes. "But, if at the same time, we ramp up local, state and federal commitments to combat this disease, we have an opportunity to keep it from getting out of hand."
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Interwetten 2016 Earnings Results -
Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform
EU Online Gambling Tax Harmoney Dead -
Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.
Jack Lam Facing Big Fines in the Philippines -
It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.
PlaySugarHouse To Carry Konami Content -
Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.
ITF TERMINATES BETWAY SPONSORSHIP DEAL -
The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.
GSA To Launch European division -
The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.
Paddy Power Trading Update -
Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.
Tabcorp SunBets project -
The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.
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