CryptoFortuneabout 2 hours ago
Americans drain stock portfolios to fund sports betting
10 min read
Americans are draining stock portfolios and savings to fund sports betting, with household bets rising $1,100 yearly in states legalizing online wagering. Net investments fell nearly 14% after legalization, and credit scores dropped 0.3% in states four years post-legalization, per studies by Scott Baker and Brett Hollenbeck.
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