This MarketWatch article outlines the move by app developers to tap into the large and growing U.S. sports gambling market by developing ‘freemium’ models for users as young as 13 years old. These models include no purchase required apps where users must view advertising to enter pools and free virtual currency based apps.
REPORT: “Sports Betting Across Borders” | Federal Reserve Bank of New York
By Jacob Goss & Daniel Mangrum “Sports Betting Across Borders: Spatial Spillovers, Credit Distress, and Fiscal Externalities” ACCESS REPORT HERE