Money is flowing out of the country and economy in droves. Could be one of the reasons why the economy is stagnating. Having millions of people who are zombies addicted to drugs, alcohol, sex, and gambling is not easy to overcome. That is how white supremacy suppressed Black communities for decades and still does. Same with Native Americans. Casinos, lottery shops, and anything betting-related are located in poor and high-concentration neighborhoods. What they do is ensure algorithms driving betting are tweaked to 99-1, meaning 99% loss and 1% win. In the end millions of dollars disappear from economy and those working continue working while their salaries pay big betting investors out the country
Gambling, including lotteries and sports betting, is a popular activity in Black communities, with some studies suggesting a higher prevalence of gambling-related harms among Black individuals compared to White individuals, potentially due to socioeconomic factors and access to gambling opportunities.
Here's a more detailed look at the issue:
Prevalence and Potential Risk Factors:
Higher Gambling Participation:
Some studies indicate that Black individuals are more likely to participate in gambling activities, including lotteries and sports betting, compared to White individuals.
Disproportionate Harm:
There is evidence that Black individuals are more likely to experience gambling-related harms, such as problem gambling and addiction, compared to White individuals.
Socioeconomic Factors:
Studies suggest that socioeconomic factors, such as lower income and living in disadvantaged neighborhoods, may contribute to the higher prevalence of gambling-related harms in Black communities.
Access to Gambling Opportunities:
The density of lottery outlets and casinos in minority neighborhoods may contribute to increased gambling exposure and potential problems.
Mental Health:
Gambling problems can be triggered by stressful life events, including job troubles or loss, loneliness, and even retirement. Others at risk of developing gambling addiction include those with mental health diagnoses like depression, anxiety, OCD, ADHD and bipolar disorder.
Sports Betting:
Sports betting is particularly popular among Black communities, and losses can quickly add up, potentially impacting already stretched household budget
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