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NC State's Sweet Sixteen Run Amid $3.3B Betting Surge

3/26/2026

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Summary

Story summary

Aziaha James of North Carolina State University (NC State) led the Wolfpack to the Sweet Sixteen by defeating Michigan State on March 24, 2025, in Raleigh.
A Federal Reserve report notes $3.3 billion wagered on the NCAA tournaments and warns of worsening credit health in legalized betting states.
The report cites a 25%–30% rise in bankruptcy filings and a national average credit score of 714.

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Story summary

Aziaha James of North Carolina State University (NC State) led the Wolfpack to the Sweet Sixteen by defeating Michigan State on March 24, 2025, in Raleigh.
A Federal Reserve report notes $3.3 billion wagered on the NCAA tournaments and warns of worsening credit health in legalized betting states.
The report cites a 25%–30% rise in bankruptcy filings and a national average credit score of 714.