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Is it a useful countermeasure? Or merely a quiet alarm bell drowned out by the promotional clamor? Lives and livelihoods may depend on the answer. One report in the United Kingdom ¡ª where sports betting has been more liberalized for a while ¡ª found 55,000 ¡°problem¡± gamblers between ages 11 and 16.
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Sports teams benefit greatly from sponsorships; these connections between sports franchises and sportsbooks help both parties. Smaller athletic teams can also benefit significantly from larger betting sites. These sites provide platforms for teams to use contract funds provided by betters. Sports teams and brands can profit from paid field ads during athletic events. This allows them to generate revenue through sponsorships, which is most teams¡¯ primary income source. These funds are then used to improve overall performance and pay for equipment and facilities. Many believe that sports teams would struggle if their sponsors ended their funding. Sports teams have more potential investors and advertising opportunities, which is believed to make them more stable. Supposedly, small businesses struggling with huge sponsorship contracts would be commonplace. Smaller companies occasionally look for athletes in lower athletic leagues. Doing this allows them to profit from lucrative endorsement deals in the long term. These deals are a great opportunity for great marketing for larger sports leagues¡ª such as football. Since billions of football fans are worldwide, these sponsorships are even more valuable.
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9. CONSENT AND RELEASE. By entering the Promotion, each entrant releases and discharges the Sponsor, judging organization (if applicable), and any other party associated with the development or administration of this Promotion, their parent, subsidiary, and affiliated entities, and each of their respective officers, directors, members, shareholders, employees, independent contractors, agents, representatives, successors and assigns (collectively, ¡°Sponsor Entities¡±), from any and all liability whatsoever in connection with this Promotion, including without limitation legal claims, costs, injuries, losses or damages, demands or actions of any kind (including without limitation personal injuries, death, damage to, loss or destruction or property, rights of publicity or privacy, defamation, or portrayal in a false light) (collectively, ¡°Claims¡±). Except where prohibited: (i) entry into the Promotion constitutes the consent of the entrant, without further compensation, to use his/her name, likeness, biographical data, and contact information for editorial, advertising, marketing, publicity, and administrative purposes by the Sponsor and/or others authorized by the Sponsor; (ii) acceptance of a prize constitutes a release by any winner of the Sponsor Entities of any and all Claims in connection with the administration of this Promotion and the use, misuse, or possession of any prize; (iii) any potential winner may be required to sign an affidavit of eligibility (including social security number) and a liability/publicity release; and (iv) if prize involves travel or activities, any potential winner and travel companion (if applicable) may be required to execute releases of the Sponsor from any and all liability with respect to participation in such travel/activities and/or use of the prize. Fully-executed affidavits and releases must be received by Sponsor within two (2) days from the date that Sponsor first tries to notify the potential winner. Sponsor may conduct a background check to confirm any potential winner¡¯s eligibility and compliance with these rules. By entering, you agree to cooperate reasonably with any such background check. If the prize includes participation in any public event(s) or publicity, or if Sponsor Entities intend to publicize the winner in any way, and if a background check reveals that a potential winner has engaged in conduct that could damage the reputation or business of any Sponsor Entity, as determined by Sponsor in its discretion, the potential winner may be disqualified and the prize may be awarded to an alternate winner.