Sports Gambling is a Big, New Problem
Common sense says sports betting isn't worth it. But once you start, it can be hard to stop.The 2018 legalization of sports gambling has come with its consequences, with young men in particular reporting high levels of addiction. Anthony Bradley wrote about the trend this past week and highlighted the deep cost of sports gambling: The numbers are staggering. Since 2018, over $486 billion has been legally wagered on sports in the U.S. States, eager for new revenue streams, have embraced OSG, collecting a combined $6.3 billion in taxes. Sports gambling comes with potential money-making opportunities but also entails a lot of risk. Media outlets started picking up the trend a few years ago. In September 2024, The Hill published a piece titled “The normalization of gambling is fueling addiction,” in which Heather Hugelmeyer writes, We’re seeing individuals face foreclosure and Read More ›
