Consumer bankruptcy attorneys are starting to see gambling debts feature more prominently in their practices, as an NFL season gets underway that is expected to prompt more legal sports bets than any in history.
About 30 states have legalized online sports betting since a 2018 US Supreme Court ruling cleared the way for them to do so. In the years since, residents of those states have shown early signs of financial distress, including a 28% increase in the likelihood of bankruptcy filings, according to a separate July study.
Americans are projected to place a record $35 billion in ...
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