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RegulationiGaming Today · 8h ago

Illinois’s Gambling Boom Fuels Record Losses While Addiction Services Struggle to Keep Up

By Mihaela GracaninJuly 21, 2026

The brief

Billions in betting, little investment in treatment A single $5 sports bet changed Reeve L.’s life. After Illinois legalized sports betting in 2019, a promotional offer during a Chicago Cubs broadcast convinced him to place his first wager. Over the next five years, he lost roughly $600,000, draining savings set aside…

Original report

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