Study: Lower-Income Gamblers Take Greater Risks Online ...Middle East

Photo via Pixabay The legalization of online gambling increases state revenues, but also leads to riskier betting, especially among lower-income gamblers, according to a new study from UC San Diego’s Rady School of Management. The report says that since the 2018 U.S. Supreme Court decision allowed states to legalize sports betting, online gambling markets have expanded significantly, with online gaming reaching a record 29.3% of total commercial gaming revenue in the first quarter of this year. Currently, 30 states permit online sports betting, with seven of them also allowing online casino gaming. (California does not allow online sports betting). A total of 16 states have laun

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