Thursday, August 30, 2018

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Gambling - The future of U.S. sports betting, from betting on offshore yachts to fantasy sports to pitfalls

That’s really the variable… After you see 10-12 of them doing it, at that point you’ll start to see the lines cross.” After the U.S. Supreme Court in May struck down PASPA , the 1992 federal act that banned states from allowing sports betting, three states moved swiftly to legalize sports betting: Delaware, New Jersey, and Mississippi. Add those to Nevada and that’s four states with legal sports betting. Charles Barkley is the face of DraftKings’ new ad campaign for its legal betting app. Other states are expected to follow in a domino effect—but not all of them. As Robins cautions, “Right now it’s still a very small portion of the U.S.

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