Baltimore Sues Sportsbooks Over Bonus Bet Offerings

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Transcript

00:00Pat, I always read these things and I wonder to myself like, I'm not saying that what they're

00:05doing is wrong, and I'm not taking sides here, but other things are sold in this country

00:11that do cause issues too, and people are targeted as well.

00:15I just find a hard time believing that they're going to win this.

00:18Now I understand it's just setting a message here, maybe trying to set a precedent, but

00:22can they win something like this?

00:24I have no idea.

00:26And we'll have some legal insight coming to our website soon, but yeah, it is really just

00:31looking at kind of, is it okay to use bonus bets to attract users and then use the information

00:37that you garner, which is hundreds of data points to then try to excrete more money from

00:43these users, and that's the crux of this issue or this lawsuit.

00:48See if anything happens.

00:49They say we're taking on a national problem, the city of Baltimore mayor and city council,

00:56and that is something we've seen.

00:58We've seen Richard Blumenthal and Paul Tonko in Congress introduce the Safe Bet Act, which

01:04would kind of limit the bonus bet usage in promos and kind of limit the usage of the

01:10information they gather to get more out of the customers.

01:14So it is going to be something we're seeing more and more talked about, whether it's this

01:17lawsuit or legislators saying, hey, let's put a few more safeguards in this for our

01:22consumers.