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Evolution of Sports Betting in the USA
Exploring the history of sports betting in the United States, from the scandalous 1919 World Series to the outlawing of betting through the PASPA act in the early 1990s. Delving into the evolution of online betting, the chapter discusses the impact of laws like PASPA and the UI-GEA on the industry's growth and the rise of fantasy sports leagues. It also addresses the revenue challenges faced by sports betting companies despite the sector's significant growth.