Mobile and Online Sports Betting Presentation

Mobile and Online Sports Betting: Protecting Your Business, Employees, and Identity

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PROBLEM GAMBLING *NEUTRAL STANCE*

Risk, Value, Chance, Reward

What is Gambling?

Gambling activities were made legal in New York as early as 1959 (Racing).

Legalized Gambling in NYS Horse Racing

Off Track Betting (OTB)

1967

1959

Lottery

1970

1993

Tribal Casinos

Slot Machines VLT

2013

2001

Commercial Casinos

In-person Sports Betting

2021

Other types of gambling: Bingo, Pull Tabs, Raffles, Animal Fighting, Day Trading, Cryptocurrencies

Mobile Sports Betting - (Law passed in April 2021) LIVE January 8th, 2022 (9am)

2022

Mobile Sports Betting

Risk, Value, Chance, Reward

What is MSB? Mobile sports betting was approved by lawmakers in New York in April 2021 and officially launched for consumers in January 2022.

MSB allows people to place bets on their smartphones and other mobile devices.

85% of the population of the U.S. have a smartphone.

(Source: 2021 Source: Survey of U.S. adults conducted Jan. 25-Feb. 8, 2021) PEW RESEARCH CENTER

Legal Sportsbooks Operating in NYS 1.

2.

FanDuel

4.

3.

DraftKings

5.

6.

8.

Wynn

PointsBet

BetMGM

BetRivers

7.

Caesars

9.

Resorts WorldBET

(There are also illegal betting sites and offshore betting sites.)

Bally Bet

How Does MSB Work?

1.

2.

Download the App

3.

Create an Account

4.

Fund Your Account

Place Your "Bets"

Safeguards? Protections?

Types of Bets in MSB Apps

Constant "Action"

Game Outcomes (W/L) Margin of Victory (Spread) Parlays (Multiple Bets) Player Props Game Props First Score 1/2 Margins Overtime (Y/N) Coin Toss National Anthem Next Scoring Play

What are the risks of MSB?

Increased Accessibilty

Advertising

Cashless Concept

New and younger audience

Why A Concern?

24/7 betting at your fingertips

Accessibility History has shown with an increase in accessibility of gambling opportunities, there follows an increase in people experiencing gambling problems.

We have NEVER seen this type of increase in accessibility.

IN YOUR FACE!!

Advertising Everywhere Triggering Exposing Kids Normalizing Excitement Celebrities No Filters Feeling Left Out Misleading concepts

Losing track of spending

Digital funding of accounts Cash doesn't physically change hands. Accounts are funded electronically.

It is easier to lose track of spending when you simply click a button to fund your account.

Cashless Concept

New and Younger Bettors 98% of online problem gambling sports bettors are male.

Their average age is about 10 years younger than casual sports bettors Source: Winters and Derevensky, 2019

24/7 Betting at Your Fingertips

Work

Home

Anywhere

Easily Hidden Workplace culture Warning signs to look for Protections and Safeguards

Phones and Mobile Devices are Part of our Everyday Lives

Easy Access to Pass Time Instant Access and Even Results

Trivia Question

(30 Day Period) January 8th, 2022 to February 6th, 2022 How much money did New Yorkers wager on mobile sports betting?

In the first 30 days, NY sportsbooks took in nearly

$2 BILLION in bets NYers spent $4.6 MILLION... PER DAY $138.5 Million in Revenue to NYS and $70.6 Million in taxes.

Source: Legal Sports Report - 2022

What are the warning signs of sports betting problem gambling?

Are they the same as other gambling?

Problem Gambling Relationships Financial Work Kids Mental Health Physical Health Legal

If gambling is causing a problem in your life, it's problem gambling.

Spectrum of Gambling Behaviors

Non Gambling Problem Gambling At Risk Gambling

Gambling Disorder Gambling Disorder is a DIAGNOSABLE MENTAL HEALTH CONDITION that is defined by persistent and recurrent problematic gambling behavior leading to clinically significant impairment or distress.

This BEHAVIORAL ADDICTION is indicated by the individual exhibiting four (or more) of the 9 following problems in a 12­month period: Need to gamble more and more Feeling restless or irritable Unable to reduce or stop gambling Frequent thoughts or preoccupation with gambling Gambles when depressed, guilty or anxious Tries to win back losses Lies about gambling Loses money, relationships, job or career opportunity because of gambling Bailouts - relies on others to help them with gambling losses

Warning Signs

Problem gambling is when gambling causes problems in a person's life.

Sometimes it can become an addiction called Gambling Disorder.

Constantly thinking about gambling

Lying about how much time & money is spent on gambling

Feeling desperate, anxious, depressed or suicidal due to gambling

Gambling to escape or avoid worries or frustrations

Needing to gamble more and more for the same amount of excitement

Using money meant for bills or necessities to gamble

Workplace Warning Signs

Work performance changes​ Absences/tardiness​ Preoccupation​ Pay requests​ Disagreements over money​ Complaints about debts​ Mood changes in line with wins/losses​ Tolerance – time​ Mail received at work​ False claims re: expenses, etc.​

MSB Abuse Safeguards

Are There Any Safeguards In Place?

Plural noun: Safeguards 1. a measure taken to protect someone or something or to prevent something undesirable.

Individual Protections

What Can YOU Do?

Safeguards

1

2

3

Verification of Age (21)

Automatic Session Logout

HopeLine Text and Phone Number

Safeguards

4

5

6

Setting Limits

Self-Exclusion

Reality Check

Deposits Entries Entry Fees Time Limit Maximum Wager Size

Reminders of Time and Money Spent

Employer Protections Safeguards & Protections

What Can Organizations Do?

Protecting Our Business And Our Employees

Workplace Policy

Awareness Training

Financial Counseling

Monitor Money Stream

Safety Concerns? Protections?

Workplace Culture

Employer Protections Safeguards & Protections

What Can Supervisors Do?

Concerned about someone?

Have a conversation

Express concerns in a caring and supportive manner Use work related observations Explain how the behavior affects you Be clear about your position Respect personal boundaries Provide information, not advice Be prepared for denial or an adverse reaction

Employer Protections Safeguards & Protections

What Can HR Professionals Do?

Protecting Our Business And Our Employees

Block Websites

Provide Education

Resources and Info Available

Support and Listen

Resources Are Available

Document work related observations

RESOURCES EMPLOYERS Support and assistance to ensure workplace safety Workplace Policy Toolkit

EMPLOYEES

Here to Help.

Support to individuals and families struggling with gambling-related problems NYProblemGambling.org

NYProblemGamblingHELP.org