Online Sports Bettors 15 Times More Likely To Miss Bill Payments Than In Person Gamblers, Report Says The rise of online sports betting has been nothing short of meteoric, with Americans spending $167 billion on wagers last year alone.
However, behind this staggering figure lies a disturbing reality: the online sports gambler is far more likely to fall into financial trouble than their in person counterpart.
A recent report from the Urban Institute sheds light on this concerning trend, which has regulators scrambling to tighten the reins on an industry that seems to be careening out of control.