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The NFL’s preseason schedule has officially wrapped up. Now, with less than two weeks until the regular season begins, all 32 teams have some critical decision-making to do.

The league’s deadline for cutting down rosters to 53 players looms on Tuesday evening. While the overwhelming majority of spots have already been claimed, teams still have time to weigh those last spots.

With starters and key backups largely resting or seeing only a small bit of work in the final tune-up, the last week of the preseason often served as an audition for young players. The stakes might not have seemed sizable, but a few winners and closers nevertheless emerged this past week:

NFL preseason winners for Week 3

Carson Steele

Maybe it’s just a fun August story. Or maybe Kansas City Chiefs general manager Brett Veach has unearthed another valuable piece capable of further enhancing a Patrick Mahomes-led attack.

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Steele, an undrafted free agent running back, punctuated a strong training camp and preseason by running for 50 yards and a touchdown on four carries against the Chicago Bears on Thursday. And though his 31-yard scamper fell just short of the end zone – Steele punched the ball in for a score one snap later – the play provided to be one of the most entertaining moments of the exhibition slate.

While Andy Reid indicated the Chiefs were still evaluating Steele, the back’s performance this month should make him a strong candidate to stick on the roster. The 6-0, 228-pounder – who scored 14 rushing touchdowns in 2022 at Ball State before transferring to UCLA – sizes up as a formidable short-yardage and goal-line option who also could work into some packages as a fullback.

Omar Speights

While most undrafted free agents go all out in the final preseason contest in their last bid to impress, Speights didn’t even have to suit up for the Los Angeles Rams’ game against the Houston Texans on Saturday. The LSU linebacker is safe from cuts and will be on the Week 1 gameday roster, general manager Les Snead said. The 6-1, 228-pounder was a summer standout, particularly with his work against the run.

It might be too early to say Speights could follow in the footsteps of Ivan Pace, a fellow undrafted free agent inside linebacker who started 11 games for the Minnesota Vikings as a rookie last season. Speights, however, is on the fast track to becoming a contributor and will have the chance to make his mark on special teams. And if the Rams end up dealing Ernest Jones – though the linebacker said Sunday he never requested a trade after reports emerged noting the team told him they were open to moving him – then Speights could be in line for substantial work on defense out of the gates.

Tyreik McAllister

Special teams are often the primary – or lone – path to the NFL for any player who doesn’t arrive in the league with an extensive résumé. Though once a long shot for the league, McAllister has built a solid case to stick around with the Las Vegas Raiders thanks to his work in that phase of the game.

After playing running back for Division II Charleston and leading the Canadian Football League in kickoff returns in 2023, the 5-11, 180-pound receiver dashed for a 81-yard punt return touchdown against the San Francisco 49ers. McAllister later made a nice adjustment to haul in an underthrown pass before taking it into the end zone for a 32-yard score. Raiders coach Antonio Pierce confirmed afterward that the performance had left a strong impression. Regardless of whether the outing results in a roster spot in Las Vegas, consider McAllister fully on the NFL’s radar now.

Isaac Guerendo

A hamstring injury kept the fourth-round running back out for the majority of the 49ers’ training camp. But the buzz was back for the Louisville product after Guerendo reeled off a 93-yard kickoff return against the Raiders, the longest of the preseason.

The performance likely cemented Guerendo’s standing as the leading candidate to return kicks throughout the season for San Francisco. At 6-0 and 221 pounds with 4.33-second speed in the 40-yard dash, Guerendo could be a major threat in the league’s new dynamic kickoff format thanks to his superlative strength and straight-line speed.

Tony Jefferson

Enough with the rookies for a moment. It’s time to give some shine to a 32-year-old on the comeback trail.

After his days as a standout starter at safety were derailed by injury, Jefferson retired in 2023 and joined the Baltimore Ravens, one of his former teams, as a scouting intern. Now, however, he’s trying to make his way back to the field with the Harbaugh-to-Harbaugh leap as he joins Jim in the coach’s first season with the Los Angeles Chargers. Jefferson made an impressive final statement in his last preseason work, recording two interceptions, a sack and a forced fumble against the Dallas Cowboys. Latching onto the initial 53-man roster might still prove difficult, but the veteran showed there’s reason to believe he can still hang and be a contributor at some point during the regular season.

Russell Wilson

In a quarterback competition that has seemingly lacked much juice or movement throughout the summer, Wilson appears to be nearing the finish line after coach Mike Tomlin said he was in the ‘pole position’ for the job. While Tomlin was not yet ready to name his starter following the Pittsburgh Steelers’ loss to the Detroit Lions, Wilson being pulled after leading the offense on a five-play touchdown drive could be a sign that his QB1 status has been wrapped up. And though Justin Fields showed some promise in small bursts, he again was plagued by the kind of mistakes that Tomlin has repeatedly called out. Wilson’s coronation later this week seems inevitable.

Spencer Rattler

From the time the Denver Broncos selected Bo Nix in the No. 12 slot of this year’s draft to the point when the New Orleans Saints chose Rattler on Day 3, a record 138 picks elapsed between quarterbacks hearing their names called. That gulf left some to write off the South Carolina signal-caller. Rattler, however, has been sterling throughout the preseason and served up reminders of his immense capabilities as a passer. While his highlight came on a perfectly threaded 21-yard touchdown pass to wide receiver Equanimeous St. Brown, his full day leading four scoring drives helped underscore his command. It’s unclear what effect Rattler’s latest performance had in the battle against Jake Haener to back up Derek Carr – Saints coach Dennis Allen praised Haener for how he has fared in practice as of late – but Rattler’s arrow is certainly pointing up heading into his first season.

Bryce Young

Carolina Panthers fans likely won’t be put at ease about the trajectory of the 2023 No. 1 pick simply based off how he fared in one preseason series. Still, given how disastrous the quarterback’s debut campaign was, any indication of first-year coach Dave Canales and Co. getting the quarterback on a promising course is no doubt welcome. Young went 6-of-8 passing for 70 yards and a touchdown against the Buffalo Bills. His most impressive play of the day came on a fourth-and-3 when he broke the pocket and dashed to his left before finding wide receiver Diontae Johnson for a 17-yard gain.

NFL preseason losers for Week 3

Trey Lance

The No. 3 overall pick in the 2021 NFL draft got plenty of reps in the Cowboys’ preseason finale against the Chargers, a significant development for a quarterback with just 102 passes in three pro seasons. Still, Dallas enters the regular season still unable to trust its backup job to Lance, for whom the organization gave up a fourth-round draft pick to acquire in last year’s trade with the 49ers.

Saturday night was illustrative of the predicament. The 6-4, 222-pounder showcased his enticing potential by racing for a 46-yard touchdown run and throwing for another score. Yet there’s no way to sugarcoat a five-interception performance, even in the preseason. The decision-making that drove the turnovers was frequently baffling, especially on a pick-six in which undrafted rookie linebacker Tre’mon Morris-Brash trucked Lance en route to the end zone.

Jerry Jones has already confirmed Lance will be on the 53-man roster, but the No. 2 role behind Dak Prescott almost certainly will belong to Cooper Rush. The real issue for Dallas, however, is a matter of timing. The only path forward to develop Lance, who enters the final year of his contract after the club declined his fifth-year option, is to give the highly inexperienced signal-caller a more meaningful run. But barring a major injury, those opportunities will be almost impossible to come by on a Dallas team that is fully focused on the present – perhaps at the expense of the long term.

Vikings’ 2022 NFL draft class

Safety Lewis Cine (first round), linebacker Brian Asamoah (third round) and cornerback Akayleb Evans (fourth round) all appear to be on the roster bubble and could either be cut or traded after playing Saturday against the Philadelphia Eagles. But the group’s continued trouble extended even outside of Minnesota this weekend, as cornerback Andrew Booth Jr. – a second-round selection who was traded to the Cowboys earlier in August for fellow cornerback Nahshon Wright – gave up a 78-yard touchdown to the Chargers’ Simi Fehoko. While the Booth trade marked the beginning of the Vikings cutting their losses with this class, Tuesday could serve as the end point of that process.

Jacoby Brissett and Drake Maye

When can both entrants in a quarterback competition be considered losers on the same night? In New England’s case, it’s hard to declare any passer forced to play behind this front a true winner. After being sacked on a play in which defensive end KJ Henry went untouched, Brissett left Sunday night’s tilt against the Washington Commanders with a shoulder injury that coach Jerod Mayo seemed to indicate wasn’t serious. Maye, meanwhile, frequently overcame poor protection to complete 13 of 20 passes for 126 yards and a touchdown.

Mayo’s postgame declaration that Maye is ‘the second-best quarterback on our roster right now’ suggests that Brissett will start the opener so long as he’s healthy. But given the state of this front, which also committed a slew of penalties, remaining in the lineup for long could prove tricky for any signal-caller. And if the line doesn’t clean things up quickly, New England might have serious pause about putting Maye, the No. 3 overall pick in April’s NFL draft, in an unfavorable situation at any point early in the season.

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This post appeared first on USA TODAY

Democrat-turned Independent Tulsi Gabbard, the former congresswoman from Hawaii, has endorsed former President Donald Trump in the 2024 presidential race against Vice President Kamala Harris.

‘We as Americans must stand together to reject this anti-freedom culture of political retaliation and abuse of power. We can’t allow our country to be destroyed by politicians who will put their own power ahead of the interests of the American people, our freedom, and our future,’ Gabbard said at the National Guard conference in Detroit on Monday.

Gabbard’s endorsement came on the third anniversary of the suicide bombing that killed 13 U.S. service members following the chaotic Afghanistan War withdrawal.

‘I am proud to stand here before you today, whether you’re a Democrat, a Republican or an Independent,’ Gabbard said. ‘If you love our country, as I do, if you cherish peace and freedom as we do, I invite you to join me in doing all that we can to save our country and elect President Donald J. Trump and send him back to the White House to do the tough work of saving our country and serving the people.’

Gabbard served as the Democratic representative for Hawaii’s 2nd congressional district from 2013 to 2021, but announced her exit from the party in 2022 after denouncing it as an ‘elitist cabal of warmongers.’

The former Democrat, who ran in the 2019 Democratic presidential primary against Harris, was recently recruited by Trump to help with debate prep ahead of his Sept. 10 face-off against the vice president at the National Constitutional Center in Philadelphia.

The then-presidential candidate ripped the vice president during a Democratic primary debate for reportedly jailing hundreds of Californians for marijuana violations, then openly discussing smoking the drug herself.

‘She put over 1,500 people in jail for marijuana violations and then laughed about it when she was asked if she ever smoked marijuana,’ Gabbard said of Harris during the debate.

Gabbard has been an outspoken critic of the Democratic Party since switching her party affiliation ahead of the 2022 midterms, speaking at conservative events such as the Conservative Political Action Conference (CPAC) and the Faith and Freedom Coalition Road to Majority Conference.

The endorsement comes after former Democrat Robert F. Kennedy Jr. suspended his 2024 Independent presidential bid and threw his support behind Trump.

Kennedy claimed in his withdrawal announcement that the Democratic Party ‘waged continual legal warfare against both President Trump and myself,’ and ‘ran a sham primary.’ RFK Jr. said he will be campaigning with Trump until the election.

This post appeared first on FOX NEWS

The Trump campaign is calling out a potential conflict of interest ahead of the first presidential debate. 

The Trump campaign told Fox News Digital that Karen Dunn, who is part of the team prepping Vice President Kamala Harris for the Sept. 10 showdown, is simultaneously working as Google’s lead defense attorney in the Biden-Harris administration’s lawsuit against the tech giant. 

That lawsuit, United States v. Google LLC is the Biden-Harris administration’s antitrust lawsuit targeting Google’s digital advertising practices. The trial is set to begin Sept. 9 — a day before the first presidential debate. 

Dunn, who is Google’s outside counsel through law firm Paul, Weiss, Rifkind, Wharton & Garrison, is listed in the lawsuit as a ‘lead attorney.’ 

Dunn also advised Harris ahead of her 2020 vice presidential debate against then-Vice President Mike Pence. 

‘Kamala Harris will never stand up to Big Tech because she’s being coached on what to say in the debates by Google’s top lawyer,’ Trump campaign senior adviser Tim Murtaugh told Fox News Digital. ‘Think about how outrageous it is — their administration is suing Google, but Harris is taking political advice from the defendant’s lawyer.’ 

Murtaugh said, ‘any first year law student knows that’s a conflict of interest.’ 

‘But it’s not surprising because Big Tech and the Biden-Harris White House have been conspiring to censor and trample the rights of law-abiding citizens since they gained power,’ he said. 

Murtaugh added, ‘They don’t even try to hide their cozy relationship — it’s all been reported by the media — but it is disgusting and dangerous.’ 

Murtaugh pointed to reports by The Washington Post and Bloomberg News last month that said Dunn had joined the newly minted Harris campaign to, again, help with debate prep. 

‘Some prosecutor she is,’ Murtaugh said. ‘She’s being coached by the defendant’s lawyer.’ 

Neither the Harris campaign nor Dunn responded to Fox News Digital’s request for comment. 

The revelations also come after Google came under scrutiny following the assassination attempt against former President Donald Trump. Google’s autocomplete search results did not initially register the July 13 assassination attempt against Trump. 

Google admitted that it initially blocked and eliminated search prompts for the assassination attempt against Trump, saying they were prohibited by design and part of the company’s policy to prevent search results for ‘hypothetical political violence against current figures.’ 

‘We do not allow predictions that can be interpreted as accusations against individuals or groups of serious malevolent acts, where there is a lack of well-established or expert supporting evidence,’ he said. 

Meanwhile, the Harris campaign is clashing with the Trump campaign over debate rules for the Sept. 10 debate. The vice president’s campaign is seeking to have microphones live throughout the event, despite the fact that the original agreement had microphones muted unless the candidate was directed to speak. 

‘We have told ABC and other networks seeking to host a possible October debate that we believe both candidates’ mics should be live throughout the full broadcast,’ Harris campaign senior adviser for communications Brian Fallon said in a statement Monday. 

‘Our understanding is that Trump’s handlers prefer the muted microphone because they don’t think their candidate can act presidential for 90 minutes on his own,’ Fallon said. ‘We suspect Trump’s team has not even told their boss about this dispute because it would be too embarrassing to admit they don’t think he can handle himself against Vice President Harris without the benefit of a mute button.’ 

‘The Vice President is ready to deal with Trump’s constant lies and interruptions in real time. Trump should stop hiding behind the mute button.’ 

However, Trump campaign senior adviser Jason Miller is firing back, telling the Harris campaign, ‘enough with the games,’ and accusing them of trying to ‘get out’ of the debate against the former president. 

‘We accepted the ABC debate under the exact same terms as the CNN debate. The Harris camp, after having already agreed to the CNN rules, asked for a seated debate, with notes, and opening statements. We said no changes to the agreed upon rules,’ Miller said in a statement. ‘If Kamala Harris isn’t smart enough to repeat the messaging points her handlers want her to memorize, that’s their problem.’ 

Miller said this is a ‘pattern’ for the Harris campaign.

‘They won’t allow Harris to do interviews, they won’t allow her to do press conferences, and now they want to give her a cheat-sheet for the debate,’ Miller said. ‘My guess is that they’re looking for a way to get out of any debate with President Trump.’ 

He added, ‘Regardless, there’s no way Harris is ready to be Commander in Chief.’ 

Regarding Harris’ debate prep with Dunn, Murtaugh chimed in. 

‘Isn’t it funny that the Harris camp is starting to complain about debate rules again, now that they’ve actually begun to prep their candidate with Karen Dunn’s help?’ Murtaugh told Fox News Digital. ‘I guess Google’s lawyer sees something they don’t like, and now they’re panicking.’ 

This post appeared first on FOX NEWS

Top Republicans are slamming Vice President Kamala Harris for admitting she was ‘the last person in the room’ when President Biden made the decision to abruptly evacuate all U.S. troops from Afghanistan.

The criticism comes on the anniversary of the fatal suicide bombing that occurred at Abbey Gate, located outside Kabul’s Hamid Karazai International Airport, which ultimately led to the deaths of 13 U.S. service members and injured others. 

Harris’ comments about her involvement in the decision to evacuate the war-torn region came ahead of the tragic attack, during an April 2021 interview with CNN’s Dana Bash. ‘He just made a really big decision – Afghanistan. Were you the last person in the room?’ Bash asked Harris. ‘Yes,’ she replied, adding that she was ‘comfortable’ with the president’s decision and admired his courage for making the call.

This year marks the third anniversary of the tragic event and certain Republicans did not hold back on their criticism of the now-Democratic candidate for president’s remarks, with some arguing it shows Harris’ involvement in the disastrous decision.

‘It’s morally abhorrent that Vice President Harris bragged about being the ‘last person in the room’ for Biden’s Afghanistan withdrawal. The American people deserve a full answer on her role in this disaster,’ former Secretary of State Mike Pompeo, wrote on X Monday. 

Pompeo included video of the interview in his post, as did House Speaker Mike Johnson, R-La., in his own post commemorating the three-year anniversary. In the video, Johnson referred to the Afghanistan withdrawal as ‘disastrous,’ and honored, by name, all those service members lost. 

But North Dakota Gov. Doug Burgum, who also ran for president, was more direct in his criticisms of Harris. He said on Fox News Monday morning that the withdrawal from Afghanistan needs not just be pinned on Biden, but on Harris, as well.

‘We got to pin the rose not just on Biden, but on Harris,’ Burgum told Fox News. ‘She brags about being the last person in the room with Biden when they made this decision… they made it for date certain and that date certain was chosen for political reasons.’

‘This is why we need President Trump back as our commander in chief – somebody who understands how the world works and understands what we need to do to keep… the world safe.’

Kelly Loeffler, a former senator from Georgia, argued Monday that while ‘Harris has overseen many failures,’ her worst and ‘most tragic’ one ‘was being ‘the last person in the room’ to authorize the chaotic exit from Afghanistan.’ Dave McCormick, the Republican Senate candidate from Pennsylvania, blasted Harris for being ‘proud to be the last person in the room’ amid a decision that resulted in the deaths of 13 U.S. service members.

In addition to Harris’ ‘last person in the room remarks,’ some Republicans also took issue Monday with her failure to speak the names of the 13 U.S. service members lost during the suicide bombing at Kabul airport three years ago.

‘It was the deadliest day for Americans in Afghanistan in over a decade and, to this day, neither Biden nor Harris have said the names of our fallen soldiers,’ Rep. Nicole Malliotakis, R-N.Y., wrote on X Monday morning.

Meanwhile, the Trump campaign released a video on Monday’s anniversary highlighting all the Gold Star families who lost loved ones from the Kabul airport bombing. ‘To this day, Kamala Harris has never mentioned these fallen soldiers’ names,’ the video is captioned.

Fox News Digital reached out to the Harris campaign for comment but did not receive a response.

This post appeared first on FOX NEWS

Former first lady Melania Trump’s memoir has soared to the top spot on multiple Amazon ‘Best Sellers’ lists — more than a month before it is set to hit the shelves for sale. 

Melania Trump’s first-ever memoir, ‘Melania,’ is set to be released to the public on Oct. 1, but this weekend, the pre-orders reached the top of a number of Amazon’s best-selling books lists. 

‘Melania’ is currently #1 in Amazon’s ‘Memoirs’ category, #1 in Amazon’s ‘US Presidents’ category, and #1 in Amazon’s ‘Political Leader Biographies’ category. 

‘Writing my memoir has been an amazing journey filled with emotional highs and lows,’ the former first lady told Fox News Digital. ‘Each story shaped me into who I am today.’ 

She told Fox News Digital that ‘although daunting at times, the process has been incredibly rewarding, reminding me of my strength, and the beauty of sharing my truth.’ 

The memoir, according to the press release, is ‘a powerful and inspiring story of a woman who has carved her own path, overcome adversity and defined personal excellence.’ 

‘The former First Lady invites readers into her world, offering an intimate portrait of a woman who has lived an extraordinary life,’ the press release says. ‘Melania includes personal stories and family photos she has never before shared with the public.’ 

There will be two separate editions of ‘Melania.’ The first will publish on Oct. 1. The second version — the ‘Collector’s Edition’ — will publish at a later date. The memoir is being published by Skyhorse Publishing. 

‘Melania’ is the former first lady’s first book. 

During her time as first lady, Trump hosted virtual roundtables on foster care as part of her ‘Be Best’ initiative and focused on strengthening the child welfare system. She worked with members of Congress on legislation that secured funding for grants awarded to youth and young adults currently or formerly in foster care to help pay for college, career school or training. The bill ultimately was signed by then-President Donald Trump in December 2020.

Since leaving the White House, the former first lady has also created special edition Non-Fungible Tokens (NFTs). A portion of those proceeds also went toward her initiative ‘Fostering the Future’ to secure educational opportunities and scholarships for children in the foster care community.

‘Fostering the Future’ students are currently enrolled in multiple colleges and universities across the country, with areas of focus primarily on technology and computer sciences. 

Earlier this year, the former first lady also rolled out a jewelry line to honor ‘all mothers,’ telling Fox News Digital that mothers are ‘the bedrock of the American family.’

A portion of the proceeds from the jewelry line are going towards her ‘Fostering the Future’ initiative.

This post appeared first on FOX NEWS

It is a big week for earnings and NVIDIA (NVDA) is at the top of the list! Erin gives you her view on whether to hold into earnings based on the technicals of the chart. She also reviewed other stocks reporting on Wednesday: CRM, CRWD, HPQ and OKTA.

Carl talks about the relationship between Gold and Gold Miners as he reviews his prior article from last week: “Gold Miners’ Performance vs. Gold — Does It Say Sell Gold?” (Link: https://www.decisionpoint.com/articles/decisionpoint/2024/08/gold-miners-performance-versus-266.html“)

Carl also gives us insight on the relationship between the SPY and equal-weight RSP. He discusses how they have performed over time and what to look for.

As always Carl gives us his insight into the market trend and condition as well as a targeted look at Bitcoin, the Dollar, Crude Oil, Yields and Bonds. He also discusses his thoughts on Gold moving forward.

Erin covers the earnings charts and then gets right into sector rotation. One sector is clearly topping and you need to know which it is!

Erin finishes the program with a look at the daily and weekly charts for symbol requests.

01:25 DecisionPoint Signal Tables

04:04 Market Analysis and Overview

09:30 Magnificent Seven

16:42 Gold v. Gold Miners

25:05 Earnings with spotlight on NVDA

31:05 Sector Rotation

33:42 Symbol Requests

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Earlier this year, in April and June, I laid out a bullish thesis for PayPal Holdings, Inc. (PYPL)—the stock price was bottoming and had the potential to break out. Since then, PYPL has improved. Earlier this week, it finally broke out from its two-year consolidation, triggering a new bullish signal for investors to seek further exposure in PYPL.

 On the weekly chart below, you can see PayPal’s stock price has decisively broken through a major resistance at $68, a level it struggled with during its two-year consolidation phase. This breakout, coupled with improving momentum and outperformance relative to the market (see Relative Strength Index in the lower panel) suggests that PYPL is poised for a continuation higher. The next upside target for this bullish trend is around the $90 level.

5-YEAR WEEKLY CHART OF PYPL. The resistance level is displayed as a horizontal line drawn @ $68. The lower panel displays the Relative Strength Index (RSI), which is rising.Chart source: StockCharts.com. For educational purposes.

Despite past challenges, PYPL remains fundamentally undervalued. PYPL trades at only 15X forward earnings, which is attractive given its future EPS growth rate, 14% revenue growth rate of 8%, and competitive net margins of 14%. These metrics indicate that PYPL is not only undervalued relative to its growth potential, but well on its way for its turnaround.

The Call Vertical Strategy for PYPL

To capitalize on the breakout higher, I suggest buying the October 18, 2024, $70/$80 Call Vertical for a $3.63 debit. This entails the following:

Buying the Oct 18 $70 callsSelling the Oct 18 $80 calls

PYPL CALL VERTICAL STRATEGY RISK GRAPH. You’re risking $363 for a maximum reward of $637 for this position.Image source: OptionsPlay.

This call vertical spread allows you to benefit from the bullish trend while limiting risk. The total potential profit on this trade is $637 per contract if PYPL is above $80 at expiration, with a maximum risk of $363 per contract if PYPL is below $70 at expiration.

The strategy aligns with our bullish technical and fundamental thesis for PYPL. Explore the options chain for PYPL to view real-time prices.

Researchers have begun measuring the impact of legalized sports gambling on American households, and the initial results paint a worrisome picture about how its expansion has affected bettors’ finances.

In separate papers released this month, academics have found that households in states where gambling was legalized saw significantly reduced savings, as well as lower investments in assets like stocks that are generally considered more financially sound.

Meanwhile, states that legalized sports betting saw their residents’ aggregate credit scores decrease, while bankruptcies increased.

“Legalization is not a free lunch,” said Scott Baker, associate professor of finance at Northwestern University’s Kellogg School of Management and the lead author on one of the papers.

The “lunch” has nevertheless been substantial for state coffers: New York, which has a 51% tax rate on mobile sports wagering, raked in $862 million last year in tax revenues from the activity and more than $2 billion over the past three years, according to Legal Sports Report — with most of it going toward education. New Jersey, the first state to allow online sports betting, has a much lower tax rate — though it is contemplating an increase — but has still seen $549 million in tax receipts from sports betting since 2018.

Legalization is not a free lunch.

Scott Baker, associate professor of finance at Northwestern University’s Kellogg School of Management

Online sports betting is legal in 30 states plus the District of Columbia and Puerto Rico, and the authors estimate total monthly wagers have climbed from an average of $1.1 billion per month in 2019 to $14 billion in January 2024. North Carolina became the most recent state to offer online sports betting earlier this year.

But there has been a clear cost, according to the studies’ authors.

Using datasets showing deposits and withdrawals into and out of online sports betting platforms like FanDuel and DraftKings, as well as to and from equity brokerage accounts like Charles Schwab, E-Trade, Vanguard and Fidelity, Baker and his co-authors found that legalization has led to higher credit card balances, lower access to credit, a reduction in longer-term and higher-yield investments, as well as an increase in lottery play — with the effects particularly pronounced among financially constrained households.

“It’s not just moving entertainment dollars from one company to another,” Baker said. “Rather, they’re drawing from sources of their household budget that policymakers are trying to increase” like stock investment accounts, he said.

And the effects aren’t limited to an individual: Baker’s team found bettors were more likely to have received pandemic-era child tax credits, regardless of income, suggesting they were more likely to have children.

In a separate study led by Brett Hollenbeck, an associate professor of marketing at UCLA’s Anderson School of Management, researchers found that compared with states that did not implement sports gambling, states that did so saw credit scores drop by a statistically significant, though modest, amount, while bankruptcies increased 28% and debt transferred to debt collectors climbed 8%. Auto loan delinquencies and use of debt consolidation loans also increased, they found.

“While many consumers get real enjoyment from legal gambling, and states benefit in the form of additional tax revenue, there is a corresponding concern that the introduction of sports gambling and the ease at which consumers can now bet online are negatively harming consumer financial health,” they write. “Our paper provides evidence that this concern is well founded.”

The papers have not yet been peer-reviewed, but both sought to rule out other causes for the declines in household financial well-being, like national economic trends, that might have also affected household spending and investment decisions. They note instead that the timing of a given state’s legalization has tended to map neatly onto the beginning of households’ financial deterioration.

Some state lawmakers have taken note of the negative impact. In New Jersey, Senate President Nicholas Scutari recently introduced a bill that would create a gambling treatment diversion court, citing the fact that gambling expansion has created “unrestrained opportunity for persons with problem gambling or disordered gambling to become engulfed in destructive behaviors.”

The New York State Gaming Commission noted a 26% increase in problem gambling-related calls to the Office of Addiction Services and Supports from 2021 to 2022, the most recent period for which data has been released.

Yet states continue to see gambling as a cash cow. While Adam Candee, editor-in-chief of Legal Sports Report, said it would be unfair to characterize state approaches to sports gambling legalization as a search for a panacea to their budget woes, many are now introducing legislation to further capitalize on the growth in gambling, whether through increasing tax rates or replacing existing levies with funding from gambling.

Meanwhile, the industry will continue to grow — although Candee said the rate of growth will slow until California and Texas decide to legalize sports betting, and there is no sign that they will do so imminently, he said.

But he said that as money continues to pour in, gambling platforms will acquire ever greater leverage to try to get some form of legalized gambling passed in those states, not to mention all others, as an entryway into legalizing sports betting.

Earlier this year, the major sports betting platforms formed the Responsible Online Gaming Association to address problem gambling. Its members have committed more than $20 million to fund research, education and awareness campaigns, as well as to develop a “clearinghouse” of players who display high-risk attributes.

Yet there is likely a limit to how much the platforms will seek to restrict their own activities.

“Ultimately, most of the major sports books in the U.S. have shareholders to answer to,” Candee said, noting the largest ones, including DraftKings, FanDuel and BetMGM, are all publicly traded. “And those shareholders are going to want to see growth and profit.”

This post appeared first on NBC NEWS

The year of the incomplete team lurches on. Yet with great mediocrity comes great opportunity, at least when it comes to making nominal gains in USA TODAY Sports’ power rankings.

With that, welcome the Los Angeles Dodgers back to the penthouse.

Hey, at least their superstars are firing on all cylinders. Two days after Shohei Ohtani locked in a 40-40 season with a walk-off grand slam, Mookie Betts drove him in with a go-ahead two-run homer to claim a harrowing series victory over the Tampa Bay Rays. In 13 games since returning from a broken hand, Betts has seven extra-base hits and 11 RBI.

With the Arizona Diamondbacks nearly unbeatable, the Dodgers maintained their three-game lead in the NL West – and methodically worked their way back to the best record in the major leagues.

No rest for the freshly coronated, however: The Baltimore Orioles are at Dodger Stadium for three games this week before the Dodgers embark on a four-game showdown in the desert at Arizona.

Follow every MLB game: Latest MLB scores, stats, schedules and standings.

A look at our updated rankings:

1. Los Angeles Dodgers (+4)

Yoshinobu Yamamoto finally ready to attack rehab assignment.

2. New York Yankees (-)

You get the sense Eddie Gaedel could hit behind Aaron Judge and it wouldn’t matter.

3. Milwaukee Brewers (+3)

The only team with a double-digit division lead.

4. Baltimore Orioles (-1)

Slugging prospect Samuel Basallo moves on up to Class AAA.

5. Philadelphia Phillies (-4)

14-20 since All-Star break, tied for worst mark in NL.

6. Cleveland Guardians (-2)

Jhonkensy Noel’s 12 homers in 41 games puts him shoulder to shoulder with Russell Branyan in franchise history.

7. Minnesota Twins (-)

Zebby Matthews with a nifty 3.00 ERA and 1.00 WHIP after three starts.

8. Arizona Diamondbacks (+2)

Jordan Montgomery relegated to bullpen, which means Merrill Kelly is back and Ryne Nelson is pitching well.

9. Kansas City Royals (-)

What a week: Four big games in Cleveland followed by three in Houston.

10. San Diego Padres (-2)

Jackson Merrill walks off the Mets – his fifth game-tying or go-ahead homer in the ninth or later.

11. Houston Astros (-)

Return to Philly for first time since 2022 World Series conquest.

12. Atlanta Braves (+1)

Matt Olson awakening: Nine homers in his last 27 games, after hitting 13 in his first 102.

13. New York Mets (+1)

Francisco Alvarez has a .167/.219/.250 line in 64 plate appearances this month, with two extra-base hits.

14. Boston Red Sox (-2)

Pitching blows up again as Diamondbacks sweep at Fenway.

15. Seattle Mariners (-)

They went with the nuclear option. Yet it can’t make them hit.

16. Tampa Bay Rays (-)

Junior Caminero may never look back – he homers in consecutive games at Dodger Stadium.

17. San Francisco Giants (-)

Heliot Ramos hits 20th homer, has shot at Giants’ first 30-homer season since … Barry Bonds in 2004.

18. St. Louis Cardinals (-)

Bad breaks continue for Willson Contreras, who suffers fractured finger.

19. Detroit Tigers (+1)

Prospect Ty Madden to make major league debut Monday vs. White Sox.

20. Chicago Cubs (-1)

Pete Crow-Armstrong hits an inside-the-park homer and a second-deck shot on consecutive days.

21. Cincinnati Reds (-)

No structural elbow damage for Hunter Greene, but also may not see him pitch until Goodyear.

22. Toronto Blue Jays (+2)

Bowden Francis’s near no-hitter another nifty little harbinger for 2024.

23. Pittsburgh Pirates (-1)

‘Pittsburgh, I love you,’ says Barry Bonds, now a Pirates Hall of Famer.

24. Texas Rangers (-1)

Corey Seager has now homered in 27 of 30 parks, with St. Louis, Kansas City and Atlanta on his to-do list.

25. Washington Nationals (-)

They’ll begin the Dylan Crews era with Juan Soto in the opposing dugout.

26. Oakland Athletics (-)

Mason Miller records 21st save, closes within five of Andrew Bailey’s rookie franchise record.

27. Los Angeles Angels (-)

GM Perry Minasian gets a two-year contract extension. Yay, stability?

28. Miami Marlins (-)

Recently acquired Connor Norby has six extra-base hits in first six games as a Marlin.

29. Colorado Rockies (-)

A young man named Bradley Blalock registered his first major league win, at Yankee Stadium.

30. Chicago White Sox (-)

One hundred losses by Aug. 25 – earliest than any club in modern era.

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Caden Tellier, the quarterback for Morgan Academy, died Saturday after suffering a brain injury in the Selma, Alabama, private school’s home opener Friday night, his family confirmed on social media.

His parents, Arsella Slagel Tellier and Jamie Tellier, posted on their Facebook pages Saturday evening that Caden had died. ‘Our boy, Caden Tellier has met Jesus face to face,’ the post states. ‘We appreciate all of your prayers and we covet them for the hard days ahead.

‘Everyone who knows Caden has known kindness, generosity and love, and true to his nature, he is giving of himself one more time. Lives have been touched by the way he lived and now lives will be saved through his passing. We will walk out these next few days alongside him in his earthly body knowing that his spirit is rejoicing in heaven.’

The post said arrangements for a service will be made soon.

Morgan was playing Southern Academy. The injury happened in the third quarter. Caden was airlifted to a Birmingham hospital.

There was some confusion earlier in the day about his condition. Micheal McLendon, director of the Alabama Independent Schools Association posted on the AISA Facebook page that Caden had died. After about an hour, that post was taken down and a post was published that said he was in critical condition with a brain injury.

McLendon confirmed that Morgan Academy is ‘suspending’ all school activities in the coming week.

Contact Montgomery Advertiser reporter Marty Roney at mroney@gannett.com.

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