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NY Sees Surge in Mobile Sports Betting and Jump in Problem Gambling Calls
“While the legalization of mobile sports betting in New York has boosted state revenues, the rise in problem gambling, particularly among young people, is a major concern,” DiNapoli said. “The rapid proliferation of the prediction markets, which generate significant revenue based on sports activities, only makes it easier to get hooked on these online platforms. I was encouraged by the state’s decision to double funding for problem gambling services from $6 million to $12 mil
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