While government-sanctioned gambling is often trumpeted as a new source of revenue, a 2013 study shows shows the staggering cost of problem gambling. This national Australian report reveals that the social and economic cost of problem gambling could total up to $2.8 billion per year.
“Teen Sports Betting: A Growing Concern in Schools” | The Boston Globe
July 10, 2026
By Yvonne Abraham Nearly 400 underage users in two states were caught in the past year on sports gambling websites,