Miami University Institute for Responsible Gaming, Lottery, and Sport featured as March Madness approaches

(TND) — Legal sports betting has exploded in a few short years, and a group at Miami University in Ohio is working to reduce the negative consequences.

More than 30 states have legalized sports betting in less than five years since a Supreme Court ruling cleared the way.

Sports gambling is already a huge business. A quarter of American adults plan to bet on the men’s college basketball tournament that starts this week, according to the American Gaming Association.

The AGA estimates tournament betting will total $15.5 billion this year.

And some analysts expect the sports-betting market in the U.S. to reach $167 billion by the end of the decade.

“As the scope expands, then the potential for adverse outcomes (expands),” said Jason W. Osborne, who’s with the Institute for Responsible Gaming, Lotteries, and Sport at Miami University.

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