San Xing Riches

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A new survey from U.S. News is sounding the alarm over Americans increasingly turning to high-risk endeavors, including sports betting, to help make ends meet and pay their monthly household bills.

U.S. News surveyed 1,200 Americans who placed a sports wager within the last 12 months. The media organization found that more than half of respondents (51%) placed a sports bet to help pay household bills, while 21% wagered specifically to cover their rent or mortgage payment.

Almost six in 10 (57%) of the sports betting demographic said they bet weekly, with 17% betting on a daily basis. Nearly one in five (19%) said they have outstanding sports betting debts.

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So just around the time my subscription base is starting to take off and I’m wondering whether I should focus on my own stuff entirely and drop everything else, knowing the End is Near anyway, I get a call from Bill, saying that CalvinAyre.com (will no longer publish gambling news).

Same thing that happened in 2012. I’m sad, but once again, I’m just beaten to the punch. My whole adult life has been that way and I can’t really explain how or why other than to say it I’m constantly being pushed in the direction I’m already going in.

So here’s what happens from here, in my view. In a few months, food price increases are going to start to become very glaringly obvious. Price inflation will not be able to be hidden anymore. You can tinker with the inflation statistics only so much, but once it gets to food prices, it’s game over. It’s already happening. Food bills are rising and are about to rise much faster.

About San Xing Riches

“The agreement paves the way for CME Group to list weekly, monthly and quarterly cash-settled futures contracts, pending regulatory review, based on the CME FSPI MLB benchmarks,” according to a statement issued by FutureSports.

Launch dates for the MLB team futures contracts weren’t revealed, but spring training for the 2027 season commences on Friday, Feb. 19, according to the league schedule.

The initial batch of FSPIs launched with NHL performance gauges, triggering a wave of filings from exchange-traded fund (ETF) issuers seeking to launch futures-based funds for each professional hockey team. One issuer even filed plans for leveraged ETFs tied to the NHL indexes.