Sports Betting Could Grow Into $16B Business

Five states have cleared the way for sportsbooks, and more than 20 others, plus Washington, D.C., are debating legislation and could start the betting in the coming year or two. It’s an industry that some believe topped $100 billion as an underground market and some analysts think could grow into a $6 billion to $16 billion industry, depending on how many states get onboard.

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