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Mobile Sports Betting Drives Up Credit Delinquency, NY Fed Says

By PYMNTSpymnts.com

When mobile sports betting is legalized, consumers’ financial health suffers, according to a study released Wednesday (March 25) by the New York Fed. Although only about 3% of the population takes up sport betting when the activity is legalized, overall credi…

When mobile sports betting is legalized, consumers financial health suffers, according to a study released Wednesday (March 25) by the New York Fed.Although only about 3% of the population takes up s…