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0 -4.98107192667409E-05 -4.98107192667409E-05 -4.98107192667409E-05 -4.98107192667409E-05 -1.19545726240008E-05 -1.19545726240008E-05 0.000249053596333988
Stock impact report

Americans Are Going All In On Gambling [Yahoo! Finance]

PNC Financial Services Group, Inc. (The) (PNC) 
Last pnc financial services group, inc. (the) earnings: 4/15 06:41 am Check Earnings Report
Company Research Source: Yahoo! Finance
Diccon Hyatt 2 min read Key Takeaways Spending on gambling surged 16% over 12 months through February, according to data on credit cards and bank transactions from PNC Bank. The proliferation of online sports betting and gaming mobile apps has turbocharged spending in that category. Experts warn more people are risking serious financial damage from gambling as the convenience of gaming apps has made it easy to place bets. The casinos in our pockets are sucking up more and more of our money. Spending on gambling surged 16% over the 12 months ending in February, PNC Bank said Monday in a report on consumer spending based on credit card and bank account transaction data. That made it one of the fastest-growing spending categories tracked by the bank, showing the growing financial impact as online sports betting and other mobile gambling apps proliferate What This Means For The Economy The multibillion-dollar gambling industry is becoming an increasingly important part Show less Read more
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