How America Got Hooked On Sports Betting

…Among that population, the share that owns an online sports book is more than half. Once federally approved, Those [states] that didn't [legalize sports betting] were the control group, and the impacts were stunning. In states where it was made legal, personal bankruptcies rose 25-30% within four years. Calls to gambling helplines shot up 75%. Diagnoses of gambling disorders increased 61%. Meanwhile, household investing failed 14%. Meaning the money that usually goes into retirement accounts went to draft kings instead. In fact, many young people no longer…