It's ridiculously easy for kids to get hooked on online gambling. Here's how parents can help.
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The rise of sports-betting apps has led to an increase in teen gambling, with over a third of boys aged 11-17 reporting some form of gambling in the past year. Parents are advised to help their children understand the risks as lawmakers struggle to regulate online betting.
The proliferation of sports-betting apps and prediction markets has made it easier for teenagers to gamble online. More than a third of boys aged 11-17 in the US reported gambling in the past year, according to a survey by Common Sense Media. Lawmakers are struggling to keep up with the regulation of online betting, leaving it to parents to educate their children on the risks. Experts warn that the ease of use and clever marketing of these apps can lead to a toxic reinforcement loop, making it difficult for young people to stop. Parents are advised not to lash out if they discover their teen is gambling, but instead help them understand the risks. The American Gaming Association reports that 32 states have legalized online sports betting, while prediction markets operate in all 50 states.
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