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Study: Online Sports Betting Increases Delinquency Rates

3/31/2026

27 3 Full Breakdown

Summary

Story summary

The Federal Reserve Bank of New York released a study showing online sports betting may raise delinquency among bettors, now legal in over 30 U.S. states.
Delinquency increased 0.3 percentage points overall since legalization.
New bettors experienced a 10-percentage-point rise in delinquencies.
Arizona's attorney general sued Kalshi for alleged illegal gambling as lawmakers consider regulations on prediction markets tied to sports betting.

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Story summary

The Federal Reserve Bank of New York released a study showing online sports betting may raise delinquency among bettors, now legal in over 30 U.S. states.
Delinquency increased 0.3 percentage points overall since legalization.
New bettors experienced a 10-percentage-point rise in delinquencies.
Arizona's attorney general sued Kalshi for alleged illegal gambling as lawmakers consider regulations on prediction markets tied to sports betting.