REPORT: More than 1 in 3 teen boys are gambling. These apps might be why.

Ksat
A study found 36% of boys aged 11-17 gambled in the past year, with prediction market apps making it easier.

Summary

A new study by Common Sense Media found that 36% of boys aged 11 to 17 gambled money in the past year, with the figure rising to 49% among 17-year-olds. Experts in San Antonio point to prediction market apps like Kalshi and Polymarket, which allow users to bet on real-world events, as a major factor making gambling more accessible to minors. Although these apps require users to be at least 18 and claim to be regulated by federal rather than state law, experts say kids are still finding ways to gamble, often using their parents' accounts. The study also found that nearly half of boys who gamble see gambling content online, mostly appearing in their feeds unbidden, and those who regularly watch such content spend more than twice as much on gambling. Rick Edwards of Clarity Child Guidance Center warns that gambling addiction carries a higher suicide rate than other addictions and that the fallout often extends to families, with children incurring debts. Warning signs for parents include sudden obsession with sports statistics, withdrawal from family activities, and excessive device use. Fewer than half of boys surveyed said their families have rules about gambling, and a national helpline (1-800-GAMBLER) is available for those seeking help.

(Source:Ksat)

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