DraftKings CEO Jason Robins says parents should talk with kids about gambling addiction
Summary
DraftKings CEO Jason Robins said parents should have conversations with their children about gambling addiction, even if they don't grow up around the industry. Robins, who has discussed the topic with his own kids, emphasized the importance of a transparent relationship where children feel comfortable asking questions. He noted that his children understand betting terminology but will have to wait until age 21 to participate. A recent analysis found that gambling disorder diagnoses increased about 61% in states with legalized sports betting, with young men aged 18-29 having the highest rates. Robins highlighted DraftKings' Responsible Gaming tools, including account limits and self-exclusion, and mentioned that the Responsible Online Gaming Association is working on a nationwide self-exclusion list. He also said he would not object to requiring customers to set gambling limits, comparing it to wearing a seat belt.
(Source:Cnbc)