Credit delinquency rates are on the rise in states that have legalized sports betting, and it’s impacting Gen Z and millennials the most. A new working paper from the Federal Reserve Bank of New York found after sports betting was legalized in the U.S., delinquencies among the total population increased 0.3%. While that figure may appear small, when the Fed researchers analyzed the population of just those who participated in sports betting, delinquency rates rose by 10%. The New York Fed used an analy ...