Below is one of the best analyses explaining why gambling addiction has the highest rate of suicide of all the addictions. The psychological effects of problem gambling can be extremely harmful, and the feeling of despair that comes with gambling away all of one’s money is toxic. This article by The Fix is a must-read for anyone looking to understand why so many gambling addicts consider taking their own lives.
“New York City Launches Sweeping Investigation Into Polymarket and Kalshi” | The Wall Street Journal
By Kevin T. Dugan, Katherine Long “The New York City Council is investigating four prediction markets for alleged deceptive marketing