Online sports bettors may risk more than just their wagers. Here's what's at stake.

TL;DR

Online sports betting is now legal in over 30 U.S. states and has grown in popularity, with an estimated 15% of U.S. adults placing bets in the past year.
A Federal Reserve Bank of New York study found that increased online sports betting activity correlates with higher delinquency rates.
Delinquencies rose by 0.3 percentage points for the general population after online betting was legalized.
For individuals who newly adopted online sports betting post-legalization, delinquencies increased by an estimated 10 percentage points.
Legal challenges and proposed regulations are emerging for prediction markets and sports betting platforms.

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