WASHINGTON, June 5 -- Sen. Richard Blumenthal issued text of the following press release:
Today, U.S. Senators Richard Blumenthal and Katie Britt (R-Ala.) introduced landmark bipartisan legislation to combat the rapid and concerning rise in youth gambling. The Gambling Advertisement to Minors Enforcement (GAME) Act would prohibit social media companies and other advertising websites from targeting minors with sports betting through online advertising.
"Sportsbooks and prediction markets are treating young people like a gold rush, flooding the internet with advertisements and promotions to hook them on gambling when they're young," said Senator Blumenthal. "High schoolers, even middle schoolers, are now gambling on their phones as never be...