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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
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Copyright 2017 South Florida Reporter
Evolution Finance launched Wallet Hub in February 2012 as a one-stop destination for all the tools and information consumers and small business owners need to make better financial decisions and save money. Wallet Hub is leading the industry thanks to a unique combination of social features, expert insights, and a vast amount of constantly-updating information. More specifically, Wallet Hub enables you to do three primary things: 1) search, compare and review financial products, professionals and companies; 2) share with and learn from a diverse community of individuals and companies as well as organize around your favorite financial topics; and 3) customize your financial news from blogs, major news outlets, and experts.