Two New Jersey colleges are among dozens nationwide participating in a new responsible gambling program geared toward students.
The player education series is a joint initiative between Entain Foundation U.S. and EPIC Risk Management.
They will organize gaming awareness and educational sessions at more than 40 colleges and universities.
Monmouth University and Seton Hall University are Garden State schools participating.
“We are delighted to be able to work closely with colleges around the nation on this essential education and awareness program,” said John Millington, vice president of U.S. Operations for EPIC Risk Management. “There is a collective responsibility to ensure the minimization of potential gambling harms, and the promotion of player safety.”
And the companies are investing $132 million over five years to address this important issue.
It is fully funded by the Entain Foundation US and is part of a pledge to invest in responsible gambling initiatives.
Operators say responsible gambling is key to success
The Entain Foundation U.S. is the charitable arm of Entain plc, a U.K.-based online gambling and sports betting company.
“We know from international experience that the most successful sports betting operators are also the most responsible,” said Martin Lycka, a foundation trustee and senior vice president for American regulatory affairs and responsible gambling for Entain. “As legalized sports betting continues to expand in the U.S., education and responsible gaming is a top priority.”
According to research from the National Institutes for Health, nearly 23% of college students gamble weekly or more. Between 3% and 14% of college-aged players develop a gambling problem.
Internet gaming is considered one of the most dangerous forms of gambling because of its anonymity, accessibility and 24-hour availability, according to the research.
Safe gambling education
A.J. Schaufler, associate athletic director for compliance at Monmouth, says gambling awareness is an issue the school takes “very seriously.”
“These sessions are providing our students with an increased understanding of the risks of problematic gambling, and in particular, its close links to sports betting integrity breaches,” Schaufler said.
“Furthermore, they are now better aware of the support mechanisms that are available to them and have a deeper understanding and knowledge of this growing issue.”
But this is much bigger than a New Jersey issue.
Schools in the Mid-American Conference and Fordham University are participating, too. Some of the others include:
- University of Akron
- Eastern Illinois University
- University of Nevada-Las Vegas (UNLV)
- Harvard University,
- University of Ohio
- University of Oregon