Effortless sports betting and the NFL: the dual fixations attracting young males
The NFL season begins with a rematch of last year's AFC Championship Game between the Ravens and Chiefs, but the focus will be on sports betting as the busiest time of year for gamblers kicks off. Since the legalization of sports betting, over $300bn has been wagered, with $120bn in 2023 alone, and it is expected to increase in 2024. Studies show that online and mobile sports betting leads to financial distress for many, especially young men in low-income areas. Despite the potential negative social costs, more states are legalizing sports betting, prompting concerns about consumer financial health and addiction. Support hotlines are available for those struggling with problem gambling.
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