Gen Z Is Twice as Likely to Call Sports Betting an Investment, BofA Finds

Crypto Insight Summary: New research by Bank of America found that across every generation, Americans were more likely to consider buying event contracts an investment than placing a sports bet, with Gen Z respondents at a standout high. The same data shows bettors recovering less than 75 cents for every dollar sent to online betting platforms – with […] Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: Sports betting behavior study has no direct impact on crypto markets.