Joey Politano🏳️‍🌈 @josephpolitano.bsky.social · 22d

Betting is so unregulated & growing so fast in the US that it's creating a growing population of problem gamblers—Researchers at the New York Fed looked at millions of credit reports to show that debt delinquency jumps in states that legalized sports betting (and their neighbors)

745 likes 7 replies

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New York State of Good Repair · 21d

Do we have an age breakdown on this

Joey Politano🏳️‍🌈 · 22d

States are responding to the gambling boom, but too slowly—it's only within the last couple of years that major taxes on sports betting have been passed, but they're already track to raise more than $4B this year

@coconutlizard.bsky.social · 13d

And meta targets kids. Boycott that psychopath

ScottinMarin · 21d

Shocking not shocking…it’s too easy to absolutely destroy your life with a sportsbook/casino in your hand. Degenerates chase themselves into insolvency really quick.

@eacamp.bsky.social · 21d

It’s as though there’s a plot to create a generation of mostly young men deeply in debt with no way out.