From CNBC: [published_date]

Seven major gaming companies, including FanDuel and DraftKings, unite to form ROGA, a trade group promoting responsible gaming. Membership accounts for over 85% of the legal online betting market, pledging $20 million. The group will focus on education, best practices, and player empowerment, amidst the industry’s exponential growth.

ROGA aims to share information via an independent database and create a certification program for responsible gaming efforts. The move comes as the US sports betting market expands, sparking concerns about integrity and addiction. Recent betting scandals involving athletes raise questions about regulatory oversight and consumer protection.

With an estimated 2 million US adults facing severe gambling problems, politicians like U.S. Rep. Paul Tonko push for stricter regulations. Concerns about addictive gambling behaviors have led to fines for gaming violations, including marketing to minors. Some question the efficacy and motivations of the ROGA initiative amid a challenging regulatory environment.



Read more at CNBC: Largest U.S. sportsbooks join forces to tackle problem gambling