💨 Abstract

The article discusses the financial impact of sports betting in the U.S. Despite its entertainment value and potential profit, sports betting is causing financial stress for many Americans. The survey from U.S. News reveals that one-quarter of bettors missed bill payments, nearly a third have gambling-related debts, and over 15% took out personal loans to fund bets. Many bettors also carry credit card balances and lack emergency savings, with 25% worrying about controlling their gambling.

Courtesy: WTOP Staff