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The Latest Breaking News from Timothy Fong

Prediction markets surge in US as public health advocates call for support to combat gambling

Platforms like Kalshi and Polymarket operating in areas with limited resources for people with gambling problems

The Guardian - US

How the quick high of ‘fast-food gambling’ ensnared young men

Betting companies are making huge amounts from the confidence of young, male customers who think they can beat the system

The Guardian - US

‘We’re killing the youth of America’: calls grow for crackdown on US gambling

Worries that gambling addiction has spiked in the US as legal sports betting booms have led to calls for increased regulation

The Guardian - US

From analysis to the latest developments in health,
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'Predatory gambling' has helped the lottery reach sky-high jackpot, critics say

The estimated jackpot total is just short of the Powerball record and the third-largest jackpot in U.S. lottery history, officials say.

WEKU

Addiction experts fear the fallout if California legalizes sports betting

Since the U.S. Supreme Court ruled in 2018 that states could legalize betting on sports, California — with 40 million people and numerous professional teams — has been the great white whale, eluding gambling companies and casino-hosting tribal communities. At stake is $3.1 billion in annual revenue, according to one…

Tribune News Service

California may legalize sports betting – without knowing how many gambling addicts it has

SACRAMENTO, Calif. — Two months before Californians decide whether to open the nation’s largest state to legalized sports betting, a new audit finds that the agency charged with treating people with gambling addictions may be ill-prepared for such a significant expansion of the market.

Tribune News Service

U.S. military-run slot machines earn $100 million a year from service members overseas

The U.S. military runs more than 3,000 slot machines on U.S. military bases overseas even though the rate of problem gamblers in the military is thought to be around twice that the general population.

WEKU

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