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п»їWhat to know as online gaming, sports betting becomes legal in Michigan.
In-person sports betting in Michigan began at 1:00 p.m. on Wednesday, March 11, 2020 at MGM Grand Detroit and Greektown casinos. MotorCity Casino begins at 10am, March 12. (Photo by Edward Pevos | MLive)
Starting noon Friday, Michigan residents can place a bet from anywhere in the state using their phone or computer.
Ten commercial and tribal casino operators and their affiliated platform providers were given the green light to launch online sports betting Friday. Eight of those will also be offering online casino games.
Michigan isn’t the first state to launch a regulated online gaming industry, but is unique in the sense that the framework for online gaming and sports betting incorporates both commercial and tribal casinos. Under state law, only licensed casinos in Michigan — the 24 tribal casinos and three Detroit casinos — are allowed to offer online gaming and sports betting options.
Friday’s launch comes just over a year after Gov. Gretchen Whitmer signed bipartisan legislation to allow sports betting and internet gaming for those 21 and older in Michigan.
In-person sportsbooks opened around the state in March 2020, but setting up rules for online gaming took months of work — in part because the gaming control board had to set up an all-new framework that incorporated the licensing process, standards and regulations and penalties for noncompliance.
Michigan’s mature gaming market and robust fanbases for several pro and college sports teams have operators thrilled about the possibilities for online gaming, and they say prospective bettors are just as excited.
“We have many tens of thousands of customers that have already pre-registered with us,” said Adam Greenblatt, CEO of BetMGM. “It’s actually very surprising and somewhat daunting. The numbers are bigger than we’ve seen in any other state at this point, which is great.”
In a recent news release, Michigan Gaming Control Board Director Richard Kalm called the launch “a new era” for gaming and sports betting.
“Michigan residents love sports and, judging by inquiries we’ve received, eagerly anticipate using mobile devices to place bets through the commercial and tribal casinos,” he said. “Online gaming and sports betting will provide the casinos with new ways to engage with customers while the state and local communities will benefit from taxes and payments on wagering revenue.”
Who’s launching Friday?
Ten casino operators and their platform operators have been authorized to launch online sports betting or both online gaming and sports betting at noon Friday, according to the Michigan Gaming Control Board. Others are expected to come online in the coming days and weeks once the MGCB finishes the vetting process for their platforms.
New study suggests link between problem gambling and suicidality in young adults in Great Britain.
Results from a cross-sectional online survey of young adults between the ages of 16-24 suggests that both men and women are at increased risk of suicidality if they engage in problem gambling.
Suicide is a leading cause of death of young adults worldwide. Research also suggests that the suicide rate has increased for young adults in recent years, despite the prevalence of factors such as alcohol and drug misuse decreasing.
Explanations suggested for the increase in suicide rate in this age group include the role of social media, online bullying, exam and lifestyle stress, and increasing insecurity among young people. However, other factors are probably also involved, and might be further compounded by the COVID-19 pandemic.
Problem gambling.
Gambling has been neglected as a public health issue. Online gambling is the largest growth sector in Great Britain (England, Wales and Scotland) and now accounts for more than one third of the total gambling market. Online betting and gambling are also known to have one of the highest levels of association with problem gambling. Considering the shifts in risk-taking behaviors among young adults, there has been an urgent need to examine recent data on gambling and suicidality.
This need prompted the undertaking of a new study from academics from City, University of London and University of Glasgow, published in the journal, Lancet Public Health . It investigated whether problem gambling is related to suicidality in young adults aged 16-24, and also looked for any differences between men and women.
In the study, data from the Emerging Adults Gambling Survey (a cross-sectional, online survey of young adults, who were selected from a YouGov online panel) was analyzed.
The researchers looked for associations between problem gambling (defined as a score of eight or higher on the "Problem Gambling Severity Index' [PGSI]) and suicidal thoughts and suicide attempts in the year before survey completion. This was investigated through a series of statistical models, with and without adjustment for sociodemographic factors, alcohol use, video gaming, anxiety, loneliness, and impulsivity.
The study found that 37% of male respondents (24 out of 62 men) who had attempted suicide in the previous year, had survey scores which were indicative of problem gambling. The comparable figure for those men who had not attempted suicide or had thoughts of suicide in the previous year was 3.6% (38 out of 1,077 men).
In female respondents who had attempted suicide in the previous year, 14.5% (13 out of 85 women) had survey scores indicative of a gambling problem. For those female respondents who had not attempted suicide or had thoughts of suicide, the figure was 2% (25 out of 1184 women).
These findings suggest that problem gambling is associated with suicide attempts in both young men and young women. This association persisted after adjusting for alcohol use, video gaming, anxiety, impulsivity, loneliness, life satisfaction, and other factors, which suggests that other mechanisms, such as the severity and multiplicity of harms experienced, or gambling to cope with life stressors, might underpin this relationship.
As such the authors of the study suggest that young people with problem-gambling behaviors should be considered at risk for suicide attempts, and that more research must be undertaken to more fully understand the association in the rapidly changing gambling environment.
The UK gambling regulator has described COVID-19 as accelerating the growth of online gambling. It is against this backdrop that the current study was published in a gambling-focused of issue of The Lancet Public Health , launching a new The Lancet Public Health commission on gambling. Over the coming year, the Commission will be investigating ways to reduce gambling-related harms around the world, and welcomes research submissions aiming to prevent gambling harms.
Commenting on the study, Sally McManus, co-author and Senior Lecturer in Health at the School of Health Sciences, City, University of London said, "This study highlights the importance of gender disaggregating analysis. Gambling research has tended to focus on men, however women with problem gambling behaviors should also be recognized as at higher risk of suicidality."
Barron's.
I’m a Sports Fan. But I Don’t Like to Bet on the Games. Here’s Why.
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I go back a long way as a sports fan.
I started attending New York Rangers games at the old Madison Square Garden in the ’60s, when very few players wore helmets and at least one goalie didn’t bother donning a protective face mask.
I have attended games at 15 of the 30 Major League Baseball stadiums across North America.
I have watched countless NCAA basketball tournament games, and I was a huge fan of March Madness long before it assumed that moniker.
But I don’t enjoy betting on sports.
Call me a stick-in-the-mud, especially with the Super Bowl fast approaching on Feb. 3. These days, the world of sports gambling, which is growing quickly, is having the time of its life. So a distaste for betting is like being on the outside looking in at a particularly boisterous party.
What’s my problem? I find it very stressful knowing that a bet of mine rides on a player or a team I don’t like or follow. Whatever happened to just enjoying the beauty of sports? Many of these games have compelling story lines with drama, perseverance, and heart-pounding comebacks or collapses. There’s no need to add money lines, over-unders, and point spreads to the mix.
I’ll take my sports straight up, thank you.
I often feel in the minority these days. Many sports fans seem to need a wager to spice up sporting events. A year ago, the American Gaming Association predicted that about $4.7 billion would be bet on the Super Bowl—with only a tiny sliver, $138.5 million, through licensed sports books in Nevada.
Meanwhile, the gaming landscape is rapidly evolving, with online and mobile-phone platforms coming to the fore. A seminal event occurred last May when the U.S. Supreme Court struck down a law that had restricted sports betting in most states. It opened the door for a lot more legal betting on numerous sports across the country, as more states, outside of Nevada and led by New Jersey, entered the fray.
Major U.S. sports leagues like Major League Baseball, the National Football League, and the National Basketball Association support legalized sports betting, convinced that it’s better to have it out in the open where it can be regulated then to have it consigned to the shadows. And, of course, they see it as a way to boost revenues, too.
I’m not making a moral judgment here. I understand that it can be a thrill when a bet goes your way. But wagering is largely a fool’s errand over the long haul, a winning hand here or there notwithstanding.
Many fans consider themselves sports-gambling experts, only to see their picks—and their money—go up in smoke when the game is over. For many years, when I’ve ponied up $5 or $10 to enter the annual NCAA basketball tournament pool at the office, it has become pretty clear that knowledge of the sport usually doesn’t translate into winning. Invariably, someone would guess correctly on a few upsets, and maybe even back the right team all the way to the championship. I won such a pool outright one time, in 1988, thanks to Oklahoma, that year’s runner-up. Not exactly a stellar record on my part.
Editor's Choice.
Some gambling information can be useful. Point spreads, in which oddsmakers try to level the playing field by giving the underdog a few extra points to lure more bettors to the wager, offer context to a coming contest. Heading into Sunday’s AFC Championship, the New England Patriots are three-point underdogs against the Kansas City Chiefs, the home team. If you bet on the Chiefs, you should know that the team has to win by more than three points for the wager to pay off.
That’s all well and good, but it’s still little more than guesswork. And today point spreads seem almost quaint.
Nowadays, there are various so-called proposition or prop bets—side bets that occur regarding an event that doesn’t affect the outcome. Who will score the first touchdown? How many points will teams score in each quarter?
A newer wrinkle is in-game wagering, which has been big in Europe and is emerging in the U.S. These bets take place as the game is unfolding. For example, which soccer player will score the next goal?
All of this leads me to wonder if the actual game, even one that’s thrilling, has taken a back seat to the gambling industrial complex. At this rate, in-game betting could offer wagers at Little League games on how many hot dogs a team will eat at the snack bar. Or how many ground balls will be hit to the shortstop in the bottom of the third. Or in which inning will the opposing coaches get into an argument over an umpire’s bad call—the possibilities are limitless.
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