Online sports betting is eating up the savings of millions of gamblers at an alarming rate: study
US News Online sports betting is eating up the savings of millions of gamblers at an alarming rate: study By Anthony Blair Published July 24, 2026, 11:12 a.m. Add The New York Post on Google Online sports betting is costing millions of gamblers big time — with one in nine bettors spending half of their quarterly retirement savings on gambling, according to a shocking new study. Researchers found that around 11% of online sports bettors are problem gamblers — and they are more likely to be from lower income households, according to a study of financial transaction data from 184,000 homes.
- ▪US News Online sports betting is eating up the savings of millions of gamblers at an alarming rate: study By Anthony Blair Published July 24, 2026, 11:12 a.m.
- ▪Add The New York Post on Google Online sports betting is costing millions of gamblers big time — with one in nine bettors spending half of their quarterly retirement savings on gambling, according to a shocking new study.
- ▪Researchers found that around 11% of online sports bettors are problem gamblers — and they are more likely to be from lower income households, according to a study of financial transaction data from 184,000 homes.
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US News Online sports betting is eating up the savings of millions of gamblers at an alarming rate: study By Anthony Blair Published July 24, 2026, 11:12 a.m. ET (function() { var overlay = document.getElementById("nyp-player-lcp-overlay"); if (!overlay) { return; } function hideOverlay() { overlay.remove(); } function afterDCL() { requestAnimationFrame(hideOverlay); } if (document.readyState === "loading") { document.addEventListener("DOMContentLoaded", afterDCL, { once: true }); } else { afterDCL(); } })(); See more of our coverage in your search results. Add The New York Post on Google Online sports betting is costing millions of gamblers big time — with one in nine bettors spending half of their quarterly retirement savings on gambling, according to a shocking new study.
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