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One of the researchers, Poet Larsen, advised Business Insider that the findings recommend that online sports activities betting is negatively impacting consumers who were in “financially precarious conditions” before legalization. “Our findings counsel that sports betting can have dramatic implications for household financial stability,” the researchers wrote. Personal bankruptcy filings in the Usa have been rising since their COVID-era low in 2022, and analysis suggests on-line sports betting is enjoying a growing role in worsening Americans’ financial health. This has helped make gambling more mainstream for youthful Americans at a time when many are already under monetary strain from rising residing and education costs.

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