QUOTABLES QUOTABLES “These gambling companies have been having a free ride for too long. They make billions of dollars off misery and loss, heartache, and destroyed families.” —Australian Greens Senator Sarah Hanson-Young, urging the government to go further than its proposed gambling advertising bill and adopt the full ban recommended by the 2023 Murphy Report. “They’re pirates. They’re thieves. We’d be able to offer -102 splits either way as well if we didn’t have all the fees to pay . . . We’re paying all those fees. They don’t. Effectively, they’re thieves.” —Derek Stevens, Circa Sports CEO, regarding prediction markets, as told to CDC Gaming. “Monetizing addiction to fund public education is the wrong direction for Ohio. Who wins when predatory gambling preys on the vulnerable? It’s not our schools; that’s for sure! It’s the trillion-dollar big gambling companies who win. How is this good for Ohio?” —Ohio State Representative Johnathan Newman (R-Troy), on introducing the Save Ohio Sports Act with State Representative Beth Lear (R-Galena), a bill that would ban all collegiate sports betting in Ohio, prohibit certain betting formats and restrict industry marketing practices. “Prediction markets used to advertise themselves as offering the ability to bet on sports, but when they realized that made them sound like sportsbooks, they switched to saying they offer the ability to ‘trade’ on sports. This shouldn’t fool anyone, as nobody trades on sports. People bet on sports, and that is what event contracts on sporting events let people do.” —Benjamin Schiffrin, Director of Securities Policy for Better Markets, in connection with the Commodity Futures Trading Commission telling prediction markets not to use American odds in event contracts. GPWAtimes.org 10
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