As more states legalize gambling, online sportsbooks have spent billions courting the next generation of bettors. And now, as mobile apps offer 24/7 access to placing wagers, addiction groups say more young people are seeking help than ever before. CBS News Reports explores what experts say is a hidden epidemic lurking behind a sports betting bonanza that’s leaving a trail of broken lives.
“New York City Launches Sweeping Investigation Into Polymarket and Kalshi” | The Wall Street Journal
August 12, 2026
By Kevin T. Dugan, Katherine Long “The New York City Council is investigating four prediction markets for alleged deceptive marketing