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Bonus TL;DR
- DraftKings CEO Jason Robins urged parents to discuss gambling with their children and said he would be open to requiring customers to set gambling limits.
- The Massachusetts Gaming Commission said in September it would examine licensed betting companies’ use of artificial intelligence, including DraftKings, without finding the company committed wrongdoing.
According to Quartz, which cited CNBC, Robins discussed gambling addiction alongside DraftKings’ responsible gaming tools. His comments address both conversations at home and safeguards available through gambling operators.
Robins said he has discussed gambling with his own children, who grew up around the business and know terms such as point spreads and money lines. He said he explained DraftKings to them when they were small and told them they could not participate until 21.
“The important thing is just to have a transparent relationship with your kids, where they feel like they can ask you anything,” Robins said, according to CNBC as cited by Quartz.
Robins Discusses Limits and Broader Self-Exclusion
DraftKings offers account limits and self-exclusion tools. Robins also said the company restricts certain accounts in response to customer conduct it observes.
On requiring customers to set gambling limits, Robins said he would be open to the idea, though he described it as a tough policy question. He said he hopes setting limits becomes as habitual as buckling up in a car.
“You can set whatever number you want. At least then you’re saying, okay, this is what I’m comfortable with,” he said.
Robins said regulated operators in some states share self-exclusion lists. The Responsible Online Gaming Association is developing a nationwide list, he added, with data-privacy rules and regulatory hurdles slowing the effort. He said he believes the group is making headway.
Massachusetts Examines Betting Operators’ AI Use
Separately, the Massachusetts Gaming Commission said in September it would examine how DraftKings and other licensed betting companies use artificial intelligence.
The review followed a report alleging that DraftKings used machine learning to target customers likely to continue betting and losing after receiving promotions, according to Quartz.
DraftKings said it does not use AI to target anyone based on losses. The commission has not determined that DraftKings committed any wrongdoing.
If you or someone you know has a gambling problem, call 1-800-GAMBLER.
More from bonus.com – Massachusetts Gaming Commission Rolls Out New Initiative to Protect Athletes against Harassment – Louisiana Lawsuit Accuses DraftKings and FanDuel of AI-Driven Targeting of Problem Gamblers – Massachusetts Sportsbooks Limit Winners, Raise Limits for Losers
Source: As reported by Quartz.
