Are Americans Betting Their Future on Sports?

TheStreetSunday, October 12, 2025 at 11:30:00 AM
Are Americans Betting Their Future on Sports?
Since the Supreme Court lifted the ban on sports gambling in 2018, Americans have wagered nearly $450 billion on sports, with households averaging $1,100 a year on bets. This trend raises concerns as many are cutting back on investments and spending more on cable TV and other entertainment, potentially jeopardizing their financial futures. It's a significant shift in how Americans prioritize their spending, highlighting the growing normalization of gambling in everyday life.
— via World Pulse Now AI Editorial System

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