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March Madness is well underway, and with it a deluge of gambling that propels the tournament. It's estimated that 1 in 5 Americans will place bets on this year's NCAA basketball tournament, which creates a hazardous environment for anyone susceptible to problem gambling.
Though most Americans can gamble for enjoyment without issue, the issue of gambling addiction is one that's gone woefully unaddressed by state and federal addiction programs. It is a fact that gambling addiction produces the highest rate of suicide among addictions, making it a very real public health issue.
As Minnesota lawmakers consider passing a bill that would legalize sports betting, it's more imperative than ever that the legislation includes increases in treatment, prevention and research funding to match the proposed expansion of gambling rights. It is the mission of the Minnesota Alliance on Problem Gambling (MNAPG) to raise awareness of gambling addiction and advocate for more safeguards around gambling to ensure consumers are protected and able to access resources for treatment and prevention.
It's no coincidence that March is Problem Gambling Awareness Month. All over the country, organizations like ours make special efforts throughout the month to get the word out that problem gambling is a legitimate addiction defined in the latest edition of the Diagnostic and Statistical Manual of Mental Disorders (DSM-5).
Though MNAPG remains neutral on legalization, we stand for the prioritization of consumer protection over revenue. We've worked alongside several lawmakers involved in crafting the proposed legislation, which includes a lot of promising language around the following:
Funding: Directing 40% of sports betting tax revenue toward problem gambling programs.