Personal bankruptcy filings in the US have been climbing since their COVID-era low in 2022, and researchers now have a specific culprit in their sights. According to research conducted by scientists at UCLA, USC, and Harvard, published in 2024 but amended in 2025, the probability of a bankruptcy filing by individuals increases by an average of 25% when states shift from in-person sports gambling to mobile sports gambling.
For bankruptcy attorneys watching their caseloads fill with clients in their 20s and 30s, the numbers match what they see every week.
Florida bankruptcy attorney…