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Tag: gambling

The sports betting boom with gamified apps and celebrity advertising campaigns is claiming the finances and mental health of young men.
Young Men Are Losing Their Shirts In the Sports Betting Boom
As betting on the outcome of professional sports has become both mainstream and easily accessible via...
22 percent of Americans took out high interest payday loans or burned through credit cards to gamble on the digital currency market, a survey shows.
Americans Burned Payday Loans and Credit Cards to Speculate on Digital Currency: Survey
Almost 22 percent of Americans who have taken to gambling on the promise of meteoric returns in the digital...
Casinos, sportsbooks, and other gambling venues took $5.31 billion out of the US economy in Q1 2022, the most on record.
Americans Lost More Money Gambling In Q1 2022 Than Ever Before
The U.S. gaming industry posted its most profitable Q1 in history this year, states an industry advocacy...
Following the crowd on Reddit cost amateurs $5.27 billion thanks to WallStreetBets and the Gamestop Rebellion
Reddit’s WallStreetBets and Gamestop Crowd Lost $5.27 Billion During a Bull Run: Study
A recent study published by researchers from the London Business School found that retail traders brought...
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Gambling Mogul Alvin Chau May Have Been Done In by Political Connections to Xi’s Rivals
News analysis In the early hours of Nov. 27, the Macau police arrested prominent local casino operator...