Following a 2018 ruling of the U.S. Supreme Court, 38 states have legalized sports gambling. We study how this policy has impacted consumer financial health using the state-by-state rollout of legal sports gambling and a large and comprehensive dataset on consumer financial outcomes. Our main finding is that overall, consumers’ financial health is modestly deteriorating as […] The post The Financial Consequences of Legalized Sports Gambling appeared first on Marginal REVOLUTION.
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- © Tyler Cowen