Credit Problems Jump After Betting Is Legalized, Fed Study Finds
US states that have legalized sports betting have seen a rise in delinquency rates on consumer credit products and a decrease in credit scores, according to a new report from...
By Casey He · Bloomberg Markets
US states that have legalized sports betting have seen a rise in delinquency rates on consumer credit products and a decrease in credit scores, according to a new report from the Federal Reserve Bank of New York.