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Kentucky Derby: Gambling Addicted States and Derby Fun Facts

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With Americans losing roughly $100 billion through gambling each year and the Kentucky Derby on May 6, the personal-finance website WalletHub today released an in-depth report on 2017’s Most Gambling-Addicted States as well as a collection of fun facts about the first leg of the Triple Crown (Below).

In order to call out the states where the gambling problem is most prevalent, WalletHub’s analysts compared the 50 states across 15 key metrics. The data set ranges from presence of illegal gambling operations to lottery sales per capita to share of adults with gambling disorders.

Gambling Addiction in Florida (1=Most Addicted, 25=Avg.):
  • 34th – Casinos per Capita
  • 35th – Gaming Machines per Capita
  • 16th – Lottery Sales per Capita
  • 50th – % of Adults with Gambling Disorders
  • 15th – Gambling-Related Arrests per Capita
  • 23rd – Legality of Daily Fantasy Sports

Some call it the “most exciting two minutes in sports,” in reference to the speed of good, old-fashioned horse power and the millions of dollars that ride on the outcome. Others call it the “run for the roses,” given the giant floral garnish donned by the fastest pair in the winner’s circle. But you probably know this annual celebration of hats, horses and hooch as the Kentucky Derby, or the first leg of the Triple Crown.

Source: WalletHub
WalletHub is the first-ever website to offer free credit scores and full credit reports that are updated on a daily basis. But we consider that just an appetizer, as we’ve built the brain of an artificially intelligent financial advisor that will truly leave your wallet full. WalletHub’s brain performs three primary functions, providing: 1) Customized credit-improvement advice; 2) Personalized savings alerts; and 3) 24/7 wallet surveillance. Such features are supplemented by more reviews of financial products, professionals and companies than any other website offers and a diverse community of subject matter experts. WalletHub is owned by Evolution Finance, Inc. and is based in Washington, DC.