Gambling and Sports Betting Addiction

Neumann Law Group is now evaluating and accepting claims for those who suffer from gambling addiction and sports betting addiction and are seeking compensation from those whose predatory practices have led to the epidemic of gambling addition in our country. Lawsuits have already been filed against online betting vendors, DraftKings, FanDuel, BetMGM, ESPN Bet, and Caesars, and more suits will follow. Call us today if you or a loved one has been affected by gambling addiction or sports betting addiction. 

Gambling and sports betting are not new to our society. From the sparkling lights of the casinos in Las Vegas to the elegant running horses at the Kentucky Derby, people have always placed their money or property on the line in hopes of winning big. The first casino was opened in 1639 in Venice, Italy and it is believed that games of dice date back to the Paleolithic period, at least 300 BCE. Unfortunately, gambling addiction is not new either. It wasn’t until 1980 that it was a medical diagnosis was recognized to differentiate those with gambling addictions from those with other types of addiction, but less than 10% receive treatment for gambling addiction.

Why Is It Different Today?

Today, there are major differences in the space of gambling that lead to easier access to betting and more severe, secret, and devastating addiction. With the use of electronic devices and the internet, betting is literally in the palm of your hand. Sports betting made legal in 2018, through vendors such as DraftKings, FanDuel, BetMGM, ESPN Bet, Caesars, and other gambling websites are designed so you don’t even have to leave your house to place bets. Similar to video game addictions, these companies use predatory practices to draw consumers in and keep them coming back. Aside from having a casino in your pocket nonstop, you will receive predatory promises of “bonuses” and “perks” to keep playing. These applications will constantly remind you that it’s time to make a bet! These applications, like many, will record your activity and begin to ‘learn’ your habits, interests, and will tailor your experience to make it even more enjoyable. You can bet on sports in one moment and then switch to a game of blackjack, not even realizing that you are truly spending your real money. 

Who Is Being Hurt?

The short answer to this question is everyone. Everyone except the corporations putting forth these predatory practices to vulnerable adults in order simply to make a profit, not a fun and exciting experience as they advertise. Gambling addiction and sports betting addictions can be embarrassing, resulting in people not sharing their struggles with their friends and family, ultimately making the leap to treatment more difficult. Should this pattern continue, the financial losses shall begin to pile up. Those with gambling and sports betting addictions often lose money, but they also lose their support systems. Companies such as DraftKings, FanDuel, BetMGM, ESPN Bet, Caesars, and other gambling websites do not take into consideration the devastating effects their practices have on their users and their families. 

Frequently, people will lose their life savings. Sometimes, the financial damages and emotional impact get to a point where people feel there is no coming back and lose their lives. Neumann Law Group’s gambling addiction attorneys are also evaluating claims for families who have lost loved ones as a result of death by suicide due to a gambling addiction. If you or a loved one is suffering from a gambling addiction or sports betting addiction, contact Neumann Law Group at 800-525-6386 before it is too late. 

Legal Perspective

In a 2023 Emory Law Journal article authored by Annu Lu acknowledged the historical difficulties people have experienced in bringing lawsuits against the gambling industry. She explained that even though the medical community recognizes gambling addiction as a problem, the law has yet to catch up to grant legal protections for those suffering from gambling addiction and sports betting addiction. Anna’s article focuses on potential solutions to these discrepancies by recommending that certain actions be taken with respect to gambling addiction that were used when fighting the opioid epidemic. Hopefully, with the rise of claims against online casino and sports betting companies such as DraftKings, FanDuel, BetMGM, ESPN Bet, and Caesars, legal protections will become the standard, not an exception. 

Do I Qualify?

If you are unsure whether your current situation rises to the level of pursing a claim against companies such as DraftKings, FanDuel, BetMGM, ESPN Bet, Caesars, and other gambling websites, please call us and speak with one of our gambling addiction intake specialists immediately. Typically, you could qualify to present a claim if the following criteria are met:

• Aged 18-30;
• Used platforms such as DraftKings, FanDuel, BetMGM, ESPN Bet, Caesars, and other gambling websites;
• Developed gambling addiction or compulsive sports betting behavior;
• Lost $10,000.00 or more as a result of gambling addiction; and
• Can provide financial records to validate your betting behavior.
  

Gambling Addiction and Sports Betting Addiction Questions?

Gambling and sports betting are very complicated industries and require extreme attention to detail and a high level of self-control. These industries will continue to grow despite the lawsuits, and this article only skims the surface of how difficult it can be to navigate gambling addiction and sports betting addiction. Those details need to be evaluated quickly, and our gambling addiction attorneys are dedicated to helping you find healing. Those who have developed a gambling addiction or sports betting addiction and are facing financial and personal issues related to their use of companies such as DraftKings, FanDuel, BetMGM, ESPN Bet, Caesars, and other gambling websites should contact Neumann Law Group today at 800-525-6386 and allow us to evaluate your gambling addiction needs.