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The problems for younger gamblers are growing. An astounding 75 percent of college students bet on sports last year, according to the NCPG. Only 22 percent of U.S. colleges have formal policies on gambling, although Villanova and St. Joe¡¯s prohibit students from betting on their schools¡¯ teams ¡ª an extremely difficult policy to enforce. According to Collegegambling.org, when compared to students who don¡¯t gamble, young bettors are more likely to engage in drug use, binge drinking, and other risky behaviors.
Casinos initially had the same concerns when New Jersey launched internet gambling in Nov. 2013. Luisa Woods is vice president of Delaware North, the gambling, hospitality and sports company that owns casinos in New York, Arizona, Arkansas, Florida, West Virginia and Ohio.
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Since Epoxy.ai is merely providing a technology chassis that BetPARX will customize for its app, the company can work with as many gambling sites as it wants. It may be impossible to create a one-to-one personalization ratio, but the sites will try to come as close as possible. And gaming in the U.S. is in its relative infancy, meaning that while the future will bring many changes, like greater personalization, gamblers¡¯ habits are likely to change, too. According to BetPARX¡¯s Matthew Cullen, about 80 percent of the betting done in the U.S. takes place before games, while in ¡°mature¡± European markets, 80 percent is in-game ¡ª or live ¡ª betting. Cullen thinks the U.S. market will flip, too, within five years.
Bet on virtual sports