Sports betting operator DraftKings has announced that it will provide a financial contribution to the International Center for Responsible Gaming’s (ICRG) Fund to Support Research on Sports Wagering.
The Fund was created by the ICRG to further research into responsible sports betting practices in the United States.
With DraftKings’ contribution, the ICRG will be able to accept applications from academic researchers who wish to investigate the differences between sports wagering and other forms of gaming, how responsible gaming programs have evolved, and how problem gambling experiences differ across demographics.
“We are incredibly honored to have DraftKings’ financial support, which was instrumental in satisfying our funding needs for the Fund to Support Research on Sports Wagering,” said Dr. Russell Sanna, executive director of the ICRG.
“With the expansion of sports betting across the United States, public health research will be critical in better understanding problem gaming, and we are deeply appreciative of the support from DraftKings to fund research that is cutting-edge and can be utilized across the industry and by consumers.”
Researchers who wish to apply for the funding must apply before the closing date in September 2021. The winning applicant will also be announced in September and will receive funding for a three-year project, ending in 2024.
Earlier this month DraftKings announced a 252% rise in revenue year on year, but its losses also continued to increase.