University of Nebraska Study Links Online Sports Betting to Long-Term Financial Harm

University of Nebraska researchers have concluded that online sports betting can cause financial harm to players that goes beyond money set aside for entertainment, according to Casino.org News, which cites the university's findings.

Justin Balthrop, an assistant professor of finance at the university's Lincoln campus, says the researchers determined that after an individual opens an online sports betting account, participation can reduce that person's long-term financial stability.

Limits of the available coverage

The specific measurements of the effect are not given in the available excerpt, so its scale cannot be assessed from these data. The full text of the publication was not available to the editorial team, and the story is based on an announcement. Methodology, sample and findings beyond the excerpt cannot be judged.

The topic matters for operators and regulators, but the available material does not allow a fuller assessment.