Study Reveals Shift from Stocks to Sports Betting A new study suggests that the rise of sports betting in the U.S. is leading some Americans, particularly those in financially strained households, to withdraw money from their stock investments to fund online gambling. For every dollar spent on sports betting, the research claims a $2 decrease in stock investments. This trend raises concerns about the potential negative impact on household financial stability, especially among vulnerable populations. However, the gaming industry disputes these findings, arguing that sports betting is an entertainment expense rather than an investment alternative. The debate highlights the complex relationship between different forms of risk-taking activities and their impact on personal finances. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts When I Buy From GoldSilver, How Can I Pay for My Gold or Silver? READ MORE Ray Dalio Advocates for Gold in the Face of Looming Debt and Inflation Threats READ MORE "I've Been Warning About THIS For a YEAR, Well Here It Is" Decoding the Banking Sector Plunge READ MORE Investor Focus on Fed's Rate Strategy Boosts Gold During Rising Inflation READ MORE HSBC Introduces Groundbreaking Tokenized Gold in Hong Kong READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment