Lark Davis|Aug 16, 2026 00:00
52% of Gen Z investors redirected money meant for investing into sports bets this year.
26% now call sports betting part of their long-term financial strategy.
Only 34% don't bet at all.
Sports betting revenue went from $430M in 2018 to ~$17B today. The house isn't just winning; it rebranded as an asset class.
No wonder meme coins can't catch a bid.
(Source: Betterment 2026 Retail Investor Survey)
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