Sunday, May 16, 2021

Sports betting skyrocketed during the pandemic. Experts warn of a 'ticking time bomb.'

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May 16, 2021
Sports betting skyrocketed during the pandemic. Experts warn of a 'ticking time bomb.'

The U.S. is in the largest and fastest expansion of legal gambling in the nation's history, with sports betting platforms like FanDuel and DraftKings vying for supremacy. As the pandemic spurs on online gambling of all forms, some experts worry that the industry lacks adequate guardrails to protect problem gamblers who are at increased risk of suicide and to prevent illicit activities like money laundering. 
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