Business

Billionaire Invests in Sports Betting Research

Updated 2026-07-07 10:10 UTC 1 source Neutral

John Arnold, co-founder of Arnold Ventures, has committed $2.6 million to study the potential risks associated with online sports betting. The investment aims to understand and mitigate possible harms.

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CNBC
John Arnold, who runs Arnold Ventures with his wife, Laura, is investing $2.6 million for university research into potential harms of online sports betting.
2026-07-07 10:00 UTC
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