Sports betting to build wealth is becoming the new American dream

Sports betting is increasingly used by adults under 30 as a means to fund major expenses, according to reporting on gambling behavior. The practice has been cited by individuals seeking to cover homeownership costs or student loan payments. State-level legalization of sports wagering since 2018 has expanded access to betting platforms. Financial advisors have raised concerns about relying on gambling for long-term savings or debt repayment.

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