Reported about 1 month ago
A growing number of Americans are withdrawing funds from stock portfolios to finance their sports betting habits, often leading to severe financial troubles. Since the legalization of sports betting in 2018, the industry's revenue has skyrocketed, but studies reveal that many bettors are experiencing increased debt and declining credit scores as a result of their gambling. Experts warn that this trend could contribute to a rise in gambling disorders, especially among young men, prompting calls for more robust regulations and responsible gambling initiatives.
Source: YAHOO