Johnson//Becker is investigating claims for individuals who have consistently gambled on a sports betting platform and, as a result, have experienced a substantial financial loss and associated mental and physical harms.
Learn More: Do I Qualify to Participate in an Online Sports Betting and Gambling Lawsuit?
Understanding Digital Sports Betting, Gambling, and Addiction
As of 2018, sports gambling and betting took a major leap in the digital realm. This resulted in a significant increase in app usage that opened up new possibilities to users. Here is our current understanding of the platforms and their risks.
- According to an article published to the APA website in 2023, there seems to be growing concern in regard to how children and young adults are participating in the growing world of gambling and betting. “The fastest-growing group of sports gamblers are between 21 and 24 years old… Compared with other kinds of gambling, the in-game betting offered during sports games is highly dependent on impulsivity.”
- An article published to Scientific American, discusses the hook and cycle of betting and gambling. “Gambling in any form can be addictive….As they play more, they will inevitably enter the losing phase and may begin ‘chasing losses’—gambling more in the hopes of recouping those lost funds.”
- According to this article published to the APA, there is a concerning trend that follows suit after organized sports betting and gambling are legalized state by state. “After Ohio legalized sports betting, for example, the number of daily calls to the state’s gambling helpline rose from 20 to 48, according to the Ohio Casino Control Commission. Other states have reported similar trends.”
- The APA has drawn research backed parallels between sports betting, addiction, and mental health decline “..people who engage in sports betting appear to develop gambling problems at particularly high rates and are at higher risk for mental health and substance use problems compared with other kinds of gamblers. About 14% of sports bettors reported thoughts of suicide and 10% said they had made a suicide attempt
What are Sports Betting and Gambling Platforms?
Digital sports betting and gambling platforms include a variety of apps and websites that were developed to facilitate placing bets and gambling with real currency on sports teams. Bets that are placed may range from which team the participant believes will win, to smaller and more specific bets throughout the game. The apps and websites use psychological techniques to maximize the engagement of the user, particularly in relation to increasing the consumers overall spending.
How did Legal Statues Make Sports Betting and Gambling more Accessible to the Public?
In 2018, the U.S. Supreme Court struck down a law that had prohibited states from legalizing sports betting in Murphy v. National Collegiate Athletic Association. This form of gambling which, at one point, had hoops and barriers to jump through to participate was now as simple and easy to access as pressing a button on your phone depending on the state in which you are in. At this time, sports betting apps are available to use in 31 states with little to no safeguards in place.
Potential Hidden Costs of Digital Sports Betting and Gambling
The following lists a few of the hidden costs involved with digital sports betting and gambling that the lawyers at Johnson//Becker are investigating:
- Mental Health Decline
Depression, anxiety disorders , suicidal ideation - Financial Ruin
Mounting debt, maxed credit cards, high interest loans - Strained Relationships
Divorce, interpersonal collapse, mounting distrust between familial structures
Do I Qualify to Participate in a Digital Sports Betting and Gambling Lawsuit?
We are investigating claims for individuals who have used digital sports betting and gambling websites and apps who have experienced one, or all of the following:
- You have used one of the following platforms and have a clear timeline connecting the use of the app to addiction development:
- Draftkings
- FanDuel
- BetMGM
- Fanatics
- ESPN BET
- Caesars
- Bet Rivers
- Bet365
- You have experienced significant financial losses from gambling on the listed platforms.
- You have experienced suicidal ideation or have attempted suicide as a result of building debt from financial losses through the gambling and betting platforms.
- You have documented treatment for the effects of gambling addiction, such as speaking to a therapist or a primary care doctor.
Why Choose Johnson//Becker for Your Digital Sports Betting and Gambling Lawsuit?
Johnson//Becker is dedicated to serving you or your family with care, compassion, and commitment. Our lawyers have significant legal qualifications and over two decades of experience to best represent your interests in matters of suffering due to potentially dangerous consumer products.
Learn More: Why Choose Us
Questions About a Sports Betting and Gambling Lawsuit? Contact a Johnson//Becker Lawyer for a Free Case Review.
If you or a loved one were injured or adversely affected by a sports betting or gambling platform, you may want to speak with the lawyers at Johnson//Becker. We are currently accepting sports betting lawsuits nationwide, and you may be entitled to financial compensation.
We offer a Free Case Evaluation. Please contact us using the form below or by calling us at (800) 279-6386.
We would be honored to speak with you and respond promptly to every inquiry we receive.
Free Case Evaluation
To contact us for a free review of your potential case, please fill out the form below or call us toll free 24 hrs/day by dialing: (800) 279-6386.