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Bloomberg Wall Street Week - September 13th, 2024
Wall Street Week
Fortunes in Betting: Legal and Illegal Markets
The explosion of legalized sports betting is creating a massive financial landscape, with approximately $140 billion expected in 2023 and a projected rise to $200 billion within three years. However, a significantly larger prize exists in the form of $500 billion of illegal sports betting in the U.S., highlighting a vast opportunity for growth and regulation in the sports betting market.
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