> interesting that a 28% increase in likelihood of bankruptcy doesn’t produce more than a 1% hit to the credit score

FTA: "Much to the surprise of Hollenbeck and his collaborators, falling credit scores and increasing bankruptcy filings weren’t accompanied by an uptick in credit card debt and delinquencies. Financial institutions, it appears, are sheltering themselves from the fallout of online sports betting by lowering credit limits and otherwise restricting access to credit in states where it’s legal."

TL; DR The people going broke either don't have a credit score [1] because they were too poor to be lent to.

[1] https://www.consumerfinance.gov/about-us/newsroom/cfpb-repor...

For every 35 people filing bankruptcy before gambling, there are now 45.

It can't be 28% for the whole state, that would mean a third of the population are degenerate gamblers.