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The effects of inflation can be seen in part in the amount of money wagered by gamblers on things like electronic games. About $134.6 million was wagered in electronic games at Ameristar Casino in October compared to $176.6 million wagered the same month last year. At Horseshoe Casino, wagers dropped by about $30 million year over year after posting $213.2 million in October compared to $243.8 million wagered in October 2021.

ON AUGUST 3RD, the DraftKings stock price closed at $16.82, down significantly from its 52-week high of $64.58. People are gambling on sports, but the companies aren¡¯t benefiting ¡ª at least, not on Wall Street. So what gives?
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