Jason Robins Says Parents Should Talk to Their Kids About Responsible Gambling
Key Points DraftKings' boss has said that he is talking to his children about gambling and addiction He has advised other parents to do the same and touched on self-exclusion tools His remarks come amid new study that has indicated that a double-digit number of US teens gamble underage
Key Points
DraftKings' boss has said that he is talking to his children about gambling and addiction
He has advised other parents to do the same and touched on self-exclusion tools
His remarks come amid new study that has indicated that a double-digit number of US teens gamble underage
The range of uncomfortable topics parents ought to talk to their children about has just grown a little longer, with Jason Robins, DraftKings CEO, urging adults to also talk to their offspring about gambling addiction.
Jason Robins
DraftKings CEO
DraftKings CEO Calls on Parents to Have ‘The Talk’ with Their Kids
In a CNBC interview published on Wednesday, October 28, Robins discussed a range of topics, and notably he spoke about parents’ obligation to help steer children away from gambling-related harm.
Wednesday
October 28,
A Rutgers study released that same day found that 42.7% of US teens ages 13 to 17 gambled in the past year, with a separate survey by NCPG and Harris Poll suggesting that most parents are already worried that their kids would end up gambling before they hit the legal age.
NCPG
Harris Poll
This makes Robins’ remarks particularly well-timed, as one of America’s leading gambling companies’ bosses is now openly sounding the alarm over how the growth of the industry – as good as it may have been for business – comes with an ever-increasing need to address one of the potential negative consequences.
one of America’s leading gambling companies’ bosses is now openly sounding the alarm over how the growth of the industry
“Every parent, even if you don’t have a business or don’t live in a world where the kids grow up around it, I think it’s something every parent should have conversations with their kids about,” Robins said, adding that his children were indeed familiar with gambling terminology, but he has made sure that they won’t participate in gambling until they are 21 to bet themselves.
Every parent, even if you don’t have a business or don’t live in a world where the kids grow up around it, I think it’s something every parent should have conversations with their kids about
He argued that it was important to talk candidly to children and not try to hide the fact. Robins also took the opportunity to talk about the safeguards that should – and already exist – to protect consumers, such as establishing limits on consumer betting activity and resorting to self-exclusion when necessary.
Robins also took the opportunity to talk about the safeguards that should
He likened such tools to wearing seatbelts when driving. However, he noted that there was only a small percentage of the customer base resorting to limits of any sort, a small but meaningful percentage Robins pursued.
he noted that there was only a small percentage of the customer base resorting to limits of any sort
ROGA Planning Comprehensive National Self-Exclusion
“Even though it’s a small percentage, there are a lot of people using these products, so even a small percentage can be a meaningful number of people, and that’s why we’ve invested so much,” he added.
and that’s why we’ve invested so much
In the meantime, the Responsible Online Gaming Association, a group that DraftKings belongs to, is already working on creating a national self-exclusion list that will work across members and thus further strengthen consumer protections.
Responsible Online Gaming Association
DraftKings
draftkings
north america
problem gambling
sports
usa
