zlacker

I'm not sure I'd call them misleading because they didn't say the money was gone, just that it was spent (not implying it didn't come back). The fact that that much money was bet at all for an aid program is astonishing and unfortunate. Sure, not all of that money was lost, but I'd call any of those returned "winnings" an investment by the sports betting companies to secure clients for life.

>>jjice+(OP)
I'm curious which statistic they actually used (spent vs lost). If you're playing a quick game with 99% payout, you could earn $1k of income in a month and "spend" $10k on gambling. It seems like money lost would be an easier figure to compare.