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November 5, 2019

Sports betting seen as growing business

NEW YORK (AP) — Investors and sports betting companies are predicting the industry will be a $7 billion to $8 billion business in the U.S. within five years.

Panelists at the NYC Sports Betting Investor Summit said Monday that the industry is growing quickly a year and a half after New Jersey won a U.S. Supreme Court ruling clearing the way for all 50 states to offer legal sports betting.


 
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