In The News: Division of Research
Arcade chain Dave and Buster’s plan to allow customer betting isn’t winning over everyone. Software company Lucra Sports announced on Tuesday that it was working with the entertainment chain to allow customers to place wagers on their arcade games through the Dave & Buster’s app.
51ԹϺ is preparing to host its inaugural class of ESPN Research Fellowships. The institution’s International Gaming Institute (IGI) has announced the recipients of the 2024 ESPN Research Fellowships. The group of scholars is tasked with researching the impact of RG messages used by media in the sports betting and gaming industry. Their work will be key in addressing and promoting healthy gambling practices.
University of Nevada, Las Vegas International Gaming Institute (IGI) announced the recipients of the 2024 ESPN Research Fellowships. This year’s selection showcases a diverse group of scholars whose project proposals will be pivotal in advancing knowledge on responsible gambling messaging in sports media.
One day before ESPN BET went live in 17 states in November, 51ԹϺ announced that ESPN had donated $200,000 to the school’s International Gaming Institute (IGI) for research related to responsible sports betting. On Tuesday, 51ԹϺ and ESPN revealed whom their first fellowships had been awarded to — and for which fields of study. According to a press release, each of the fellows will deliver research on “unique facets of responsible gambling messaging in sports media” as the intersection between sports and gambling continues to evolve.
51ԹϺ is getting $4 million to buy High-Performance Computing hardware and software upgrades at its National Supercomputing Institute. This state-of-the-art technology will enhance computational capacity in support of 51ԹϺ’s research community. Another $400,00 for facilities and equipment.
The explosion of legalized gambling has set the stage for a provocative new frontier in the world of risk-taking — betting markets for everyday events, ranging from Taylor Swift streams to hurricanes hitting major U.S. cities.
When a $1.4 billion lottery ticket was sold at a Neptune liquor store last month, the news spread across the Jersey Shore and beyond with the expected celebration that a local had won the enormous prize. But what didn’t get attention, and rarely does, was the fact that calls to the Council on Compulsive Gambling hotline sharply increased as they always do when a major jackpot is on the line.
When a $1.4 billion lottery ticket was sold at a Neptune liquor store last month, the news spread across the Jersey Shore and beyond with the expected celebration that a local had won the enormous prize. But what didn’t get attention, and rarely does, was the fact that calls to the Council on Compulsive Gambling hotline sharply increased as they always do when a major jackpot is on the line.
In March, NCAA President Charlie Baker said the organization was asking state gaming regulators nationwide to ban proposition wagering, or prop bets, on college athletes because of evidence that gamblers are harassing collegiate players, both online and at games.
The Adelson family of Las Vegas purchased the Dallas Mavericks with the hopes of expanding their gambling empire beyond Nevada to the Lone Star State. Now their company, casino operator Las Vegas Sands Corp., is backing a petition to legalize gambling by the Texas Destination Resort Alliance. The Texas Destination Resort Alliances was established and paid for by Sands in 2021, according to the coalition’s website.
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Professor Brett Abarbanel, Executive Director of the 51ԹϺ International Gaming Institute, recaps the recent history of sports betting and forecasts its potentially problematic future. Plus, are young people even cognitively capable of making smart bets?