Advocates for problem gambling therapy are worried about how internet sports betting may affect jobs and traditional casinos in New Jersey, according to a recent Associated Press investigation. Legislators and business experts have convened to discuss the possible disadvantages and advantages of online betting as its popularity continues to rise.
Concerns from Problem Gambling Advocates
During a recent hearing, Felicia Grondin, Executive Director of the Council on Compulsive Gambling of New Jersey, emphasized the risks associated with easy online access. She explained that online platforms make it simple to bet large sums in minutes. “One can lose tens of thousands of dollars within minutes simply by picking up a cell phone,” Grondin stated. Her comments underline the challenges problem gambling treatment workers face with the rise of mobile sports betting.
The surge in online betting also raises questions about the future of in-person casinos. Advocates worry about job security in traditional casino settings, where employment may decline if online platforms continue to expand.
On the other side of the discussion, industry leaders highlight the economic benefits online sports betting brings to the state. Jeremy Kudon, President of the Sports Betting Alliance, pointed out the positive impact on New Jersey’s economy. “It’s a tremendous economic success story,” Kudon said. “Our industry employs over 4,000 people in north Jersey alone. This is bringing an economic boom to the state.”
New Jersey has one of the largest sports betting markets in the U.S., and its success has prompted other states to evaluate their stance on online gaming. Lawmakers from states such as Michigan and Pennsylvania have also debated iGaming’s potential to support economic growth. Yet, the risk of decreased in-person revenue and job losses keeps the decision complex.
The debate in New Jersey mirrors a broader national conversation about how online betting might affect brick-and-mortar establishments. With online betting generating significant revenue, states now face a challenging balance between economic opportunity and the risk of problem gambling. As states weigh these factors, New Jersey’s experience will likely serve as an influential example.
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