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Sports Gambling Ads Concern Regulators
- Wall Street Journal, Monday, October 25, 2021 5:45 PM
The plethora of sports gambling ads on TV, radio and online from operators such as DraftKings and FanDuel Group is beginning to concern regulators. Those companies and the like are spending hundreds of millions of dollars, and large shares of their revenues, on marketing -- including celebrity-filled TV commercials, ads on billboards and podcasts, and sponsorships. “If the industry does not control itself, the government will step in and certainly create standards they may not want,” says David Rebuck, director of the New Jersey Department of Gaming Enforcement.
