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Gen Z makes nearly half of online bets; experts flag money and mental health risks

Surveys show Gen Z is betting on sports at high rates and often treating wagers like investments, a shift that financial and mental health professionals say is leading to thinner bank balances and growing addiction concerns.

CNBC Finance·Oct 4, 2026, 12:57 PM·2 min read✓ Verified

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Gen Z makes nearly half of online bets; experts flag money and mental health risks
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