The Unlikely Critics of Sports Betting: How Billionaires Are Taking Aim at a Fast Growing Industry Billionaire philanthropists John and Laura Arnold have made headlines with their commitment to donating nearly half their wealth.
Now, they're turning their attention to the health risks associated with sports betting. Their foundation, Arnold Ventures, has awarded $2.
6 million to 12 universities and think tanks to study the effects of online sports betting on users' financial well being, mental health, and family life.