(Provo, UT) — A study published at the BYU Marriott School of Business is showing that legalized sports betting has led to households saving significantly less money. The study was published by professors Mark Johnson and Jason Katter as they examined transaction data from 184-thousand households. Researchers say American households cut their net investments in brokerage accounts by 20 percent following the legalization of sports betting. It also shows that the heaviest bettors cut their investments by more than half. Researchers say bettors see their online sports gambling as a form of investment.