Key Points
- Sports betting is surging across America — with flashy ads and easily accessible apps encouraging wagers both at home and in stadiums — and has slinked its way over to several college campuses as well.
- The New York Times recently uncovered that at least eight universities have partnered with online sports-betting companies, while at least a dozen athletic departments and booster clubs have signed agreements with brick-and-mortar casinos.
- Personal finance author and radio host Dave Ramsey lambasted the institutions on The Ramsey Show.
- “You freakin’ idiots … Selling out your own students who you’re supposed to be caring for,” said Ramsey. “The No. 2 addiction in North America today — and fastest growing addiction in North America today — is online gambling. It starts with the sports betting as a gateway drug.”
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