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New York Sees 20% Surge in Betting Losses

2/10/2025

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Story summary
  • Betting losses in New York have surged by 20% over the past year, particularly among young men aged 18 to 35, following the legalization of mobile sports betting. Advocates are calling for enhanced counter advertising and federal oversight, while Congressman Paul Tonko is taking action to combat this escalating public health crisis.