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  • Suzy Khimm

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‘It felt like a high’: The teens hooked on sports betting apps

Saul Malek showed up at an all-boys private school in Cleveland last month to warn them of the newest vice tempting America’s youth: online gambling.

‘It felt like a high’: The teens hooked on sports betting apps

Saul Malek showed up at an all-boys private school in Cleveland last month to warn them of the newest vice tempting America’s youth: online gambling.

Three economists grabbed a beer. A multibillion-dollar industry was born.

The Iowa Electronic Markets paved the way for prediction market companies, like Kalshi and Polymarket, that have ballooned into a multibillion-dollar industry