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As March Madness unfolds, NY Fed highlights sports betting toll on consumer credit health

As sports gambling becomes more popular and less restricted, consumer credit health is suffering, according to a new report by the New York Fed.

1 report1 sourceMar 25, 2026, 5:57 PM
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CNBCMar 25, 2026, 5:57 PM

As March Madness unfolds, NY Fed highlights sports betting toll on consumer credit health

As sports gambling becomes more popular and less restricted, consumer credit health is suffering, according to a new report by the New York Fed.

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