Study Finds Legal Sports Betting Linked to Reduced Investments and Higher Debt
TLDR: Sports betting has exploded since legalization in 2018, generating $120 billion in bets in 2023 Studies show sports betting is negatively impacting personal finances, especially for lower-income households Gambling is associated with reduced investing, higher debt, and lower credit scores Young men and those in low-income areas are most affected financially by sports betting…