The surge in sports betting, fueled by the Supreme Court's lifting of the federal ban in 2018, has led to over $115 billion in legal bets. Online platforms promote real-time, in-game wagering, appealing particularly to young men, and are heavily marketed. With such heavy financial stakes, many are facing gambling-related issues in isolation, exacerbated by aggressive advertising targeting vulnerable demographics like college students. Parents are encouraged to discuss the risks of gambling with their children, especially as most gambling revenue comes from only a small percentage of high-risk gamblers.
With sports betting taking place in dorm rooms via smartphones and laptops, parents should discuss online gambling with their teenagers before they head off to college.
Aggressive online advertising is targeting young men, contributing to a growing problem of gambling, especially among college students.
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