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ScienceFortuneabout 2 hours ago
Arnold funds sports betting health risk researchBillionaire John Arnold, through Arnold Ventures, awarded $2.6 million in grants to 12 universities studying sports betting's effects on financial well-being, mental health, and consumer behavior. The research aims to provide policymakers with evidence on the fast-growing industry's harms. None of the studies examine prediction markets like Kalshi or Polymarket.
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