There are no significant differences in self-reported sports betting by educational attainment or household income level. For example, 18% of college graduates say they have bet on sports in some way in the past year, as have 20% of non-college graduates. Similar shares of adults in upper-income (22%), middle-income (19%) and lower-income households (19%) say they have bet on sports in the past year.
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Bally¡¯s has the option to repurchase the land in years four through eight of the lease term. If the gaming giant doesn¡¯t achieve certain milestones, like obtaining a gaming license, or default on the lease, Oak Street may require Bally¡¯s to repurchase the land.
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When former Gov. Andrew M. Cuomo pushed through a plan to open four upstate casinos almost a decade ago, the plan banned facilities downstate until 2023, in order to give those in the lesser-populated upstate regions a chance to become established.
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While gambling has been part of American society from the start, the study of sports betting and the problems it causes is just beginning. A 2019 report in the Journal of Gambling Studies is, according to the authors, ¡°first to our knowledge to examine risk factors for gambling problems specifically related to sports betting, rather than gambling in general.¡±