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Americans lost hundreds of billions on crypto speculation. Why is only some of it considered gambling?
By Andjela Radmilac at 2026-07-04 12:44
Sentiment: Negative
Americans are on pace to lose more money on legal gambling this year than at any point in the country's history. A new analysis by economics writer Joseph Politano projects that the total will exceed a quarter trillion dollars in 2026. Losses have climbed 67% since the start of COVID-19 and another 8% over the past […] The post Americans lost hundreds of billions on crypto speculation. Why is only some of it considered gambling? appeared first on CryptoSlate. Continue reading...
Categories: Analysis
Tags: #Analysis #Culture #Featured #Legislation #Regulation #AGA #gambling #prediction markets #regulation #speculation #sports betting
Source CryptoSlate