Business
Gasoline prices keep falling in 2024. Here's why
The U.S. has been the world's biggest producer of oil since 2018
By Dieter Holger of ConsumerAffairs
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2024-10-11 05:00:36
Lawmakers target food companies they accuse of shr
Coca-Cola, PepsiCo, and General Mills are in the crosshairs
By Mark Huffman of ConsumerAffairs
Octo
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2024-10-08 05:00:21
Required minimum distributions from retirement acc
This years record stock market run means more money will be withdrawn and taxed
By Mark Huffman of
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2024-10-07 05:00:20
U.S. Justice Department sues Visa, says it has mon
The complaint also accuses Visa of illegally maintaining a monopoly
By James R. Hood of ConsumerAffa
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2024-09-25 05:00:19
Problem gambling grows along with revenue, a Massachusetts study finds
More people report they are having problems controlling their gambling
By James R. Hood of ConsumerAffairs
October 21, 2024
Online gambling has been growing around the country as more states legalize, leading to concenrs about its impact on consumers' financea and mental health.
Online gambling is generally regarded as more addictive than in-person betting. Online gaming became legal in Massachusetts in 2023 and arecent study shows that people in Massachusetts who gamble regularly are gambling more and having more problems because of it.
Researchers surveyed people who gamble monthly or more often. They found that:
More people are having problems with gambling: The number of people who said they were experiencing harm from gambling has gone up each year.
People are gambling on more things: More people are playing the lottery, betting on sports, and gambling online.
People are worried about gambling: More people are starting to think that gambling is harmful and that it can be addictive.
The researchers think that the increase in gambling problems might be because of the pandemic ending and because sports betting is now legal in Massachusetts. They are concerned that these trends could lead to even more people having problems with gambling in the future.
The Massachusetts Gaming Commission reported earlier this month that the month of September 2024 generated approximately$92.06 millionin gross revenue.
Additionally, roughly $73 millionin taxable sports
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2024-10-21 05:00:20Featured Ads
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