Damning Analysis Finds That Sports Betting Platforms Are Making Almost All Their Revenue Off Problem Gamblers
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Digital betting platforms have exploded into the American zeitgeist over the past few years. These digital sportsbooks are often framed as whimsical apps designed for amusing little small-time bets, but the reality is that they’ve plunged tens of millions of people into gambling debt.
According to a bombshell analysis by Bloomberg, the least active two-thirds of sportsbook gamblers account for just 2.7 percent of estimated revenue — meaning that the remaining 33 percent of highly-active
According to a bombshell analysis by Bloomberg, the least active two-thirds of sportsbook gamblers account for just 2.7 percent of estimated revenue — meaning that the remaining 33 percent of highly-active
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