Former presidential candidate Andrew Yang warns about the growing negative impact of sports betting on American men, calling for stricter regulations in the industry.

Yang, who admits to being a sports bettor himself, explains how online betting specifically targets men by combining sports, money, risk-taking, and competitive thinking. He emphasizes that the activity exploits emotional vulnerabilities more common in men than women.

Key concerns highlighted by Yang include:

• Financial Impact: For every $1 spent on sports betting, $2 fails to reach investment accounts
• Increased Bankruptcy: Higher rates of personal bankruptcy in households with active sports bettors
• Domestic Violence: Research shows a 9% increase in domestic violence linked to legalized sports betting
• Income Disparity: Lower-income men are particularly vulnerable to betting-related financial problems

Studies from multiple institutions, including UCLA, USC, BYU, Northwestern University, and the University of Kansas, support Yang's concerns about the financial consequences of sports betting.

With sports betting now legal in 39 states and Washington, DC, Yang strongly advises remaining states to resist legalization efforts, describing online sports betting as "a new tax on Americans that preys upon vulnerable, low-income men in particular."

Yang concludes that despite lobbying efforts from gaming companies, state policymakers should prioritize protecting citizens from the documented negative effects of sports betting expansion.

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