Sports gambling is exploding at an alarming rate. Legal wagers in the U.S. have surged from under $5 billion in 2017 to over $120 billion in 2023, driven largely by aggressive celebrity-backed marketing and mobile apps designed to addict users. The National Council on Problem Gambling estimates 2.5 million Americans now suffer from severe gambling addiction, with millions more at risk. Young men are being hit the hardest, and families are paying the price through debt, depression, and financial collapse.
Dr Boyce Watkins and Dr. Alicia Watkins
calling out Lebron James and Kevin Hart for
Promoting Sports Betting Continues After
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Dr. Boyce Watkins and
Dr. Alicia Watkins Calling Out
Lebron James and Kevin Hart for
Promoting Sports Betting
Continues Below...
“This is not harmless fun,” said Dr. Alicia Watkins. “This is the mass promotion of addiction for profit. When celebrities normalize gambling, they normalize trauma, poverty, and mental health breakdown in our communities.”
Dr. Boyce Watkins adds, “It is appalling to watch powerful Black men help corporations extract wealth from vulnerable families. This is predatory finance, plain and simple.”
Together, the Watkins have launched the first Black Financial Therapy Department, linking trauma, addiction, and financial decision-making — research they argue is essential to understanding the racial wealth gap.
Dr. Boyce Watkins was the only African American on Earth to earn a PhD in Finance in 2012, served on the faculty of Syracuse University for 12 years, and now teaches 10,000 people daily for free through The Black Business School (TheBlackBusinessSchool.com).
Learn more about Dr. Boyce Watkins at BoyceWatkins.com
For interviews or media inquiries, please contact Teressa@BoyceWatkins.com
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