From Second Thought.
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More than a quarter of Americans gamble online daily
https://www.psychiatry.org/news-room/news-releases/more-than-a-quarter-of-americans-gamble-online-dai
Hundreds of billions of dollars are wagered every year
https://www.investopedia.com/americans-sports-betting-losing-8768618
In states where sports betting has been legalized, bankruptcies have shot up by about a third.
https://www.nbcnews.com/business/consumer/online-sports-gambling-bankrupting-households-reducing-savings-rcna167235#:~:text=bankruptcies%20increased%2028%25
Two and a half million Americans now have a severe gambling problem
https://www.thenation.com/article/society/online-gambling-sports/
Lancet study
https://www.thelancet.com/action/showPdf?pii=S2468-2667(24)00167-1
https://www.harvardmagazine.com/2025/03/harvard-research-gambling-public-health-crisis#:~:text=Worldwide%2C%20the%20Lancet,you%20mess%20up.%E2%80%9D
Supreme court
https://www.espn.com/chalk/story/_/id/23501236/supreme-court-strikes-federal-law-prohibiting-sports-gambling
Sports betting pre-2018
Legal states
https://www.legalsportsreport.com/sports-betting-states/
Partnerships
https://www.espn.com/nfl/story/_/id/31264425/nfl-partner-bookmakers-caesars-entertainment-draftkings-fanduel
X names Polymarket as its official prediction market partner
Game fixing
https://www.bbc.com/news/articles/cpv1rkxjyyno
Harassment
https://www.theguardian.com/us-news/2024/oct/02/college-athletes-abuse-online-gambling-betting
Gambling addiction and sports betting legalization
https://today.ucsd.edu/story/study-reveals-surge-in-gambling-addiction-following-legalization-of-sports-betting#:~:text=By%20state%2C%20the,in%20their%20state
Stake streamers
https://www.nytimes.com/interactive/2025/12/09/us/crypto-casinos-gambling-streamers.html
$1B/day on Kalshi
https://www.espn.com/espn/betting/story/_/id/47337056/scandals-prediction-markets-2025-turning-point-sports-betting
Valuations
Source: Kalshi’s valuation jumps to $11B after raising massive $1B round
https://finance.yahoo.com/news/12-billion-valuation-ice-deal-144316346.html
Kalshi popular categories
https://dune.com/queries/5910828/9546583
Stake legality
https://www.nytimes.com/interactive/2025/12/09/us/crypto-casinos-gambling-streamers.html
Long-term goal
https://www.instagram.com/reel/DQxCeqDgVKG/
Trump prediction markets and coin
https://www.ft.com/content/485594b3-5a72-4ae1-aa93-8ee987be1569
https://www.bbc.com/news/articles/c74nn4ppdvdo
CNN Kalshi partnership
https://news.kalshi.com/p/kalshi-cnn-prediction-market-partnership
https://slate.com/technology/2025/12/cnn-kalshi-election-polling-prediction-betting-market-harry-enten.html
Don Jr.
https://news.kalshi.com/p/donald-trump-jr-strategic-advisor
Kalshi Advisor Donald Trump Jr. Joins Rival Polymarket Board
Gambling kleptocracy in pre-revolutionary Cuba
https://www.cigaraficionado.com/article/the-batista-lansky-alliance-7197
Most people lose
https://www.binance.com/en/square/post/16080440098257
About Second Thought:
Second Thought is a channel devoted to education and analysis of current events from a socialist perspective. Welcome!
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