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When legal sports betting surges, so do Americans' financial problems

As online betting has grown in popularity, a new report from the New York Federal Reserve builds on the troubling link between legal sports wagering and financial health.

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When legal sports betting surges, so do Americans' financial problems
Advertisements for sports betting apps are seen in downtown Kansas City, Mo., in November.

As online betting has grown in popularity, a new report from the New York Federal Reserve builds on the troubling link between legal sports wagering and financial health.

(Image credit: Charlie Riedel)

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