“For Gen Z, the line between gambling and investing is growing increasingly blurry.” https://www.marketwatch.com/story/more-than-half-of-gen-z-redirected-money-away-from-investing-and-toward-sports-betting-over-the-past-year-937a366c?mod=home_lead
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The chart shows the percentage of people in each generation who: Treat sports betting as a long-term financial strategy: Overall ~12%; Gen Z ~26%; Millennials ~14%; Gen X ~6%; Boomers ~1%. Have directed investing funds to sports betting: Overall ~24%; Gen Z ~52%; Millennials ~31%; Gen X ~10%; Boomers ~4%. Alt text: Horizontal bar chart titled “For Gen Z, the line between gambling and investing is growing increasingly blurry.” It compares sports betting attitudes across generations. Gen Z has the highest rates, with about 26% treating sports betting as a long-term financial strategy and 52% directing investment funds to sports betting. Millennials follow at about 14% and 31%, respectively; Gen X at 6% and 10%; and Boomers at 1% and 4%. Overall figures are about 12% and 24%. Source: Betterment.