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Survey: US Sports Leagues Could Reap $4.2 Billion a Year from Legal Betting

The four major U.S. professional sports leagues could reap a combined $4.2 billion annually as a result of legal sports betting, most of it indirectly from increased fan engagement, according to a casino industry survey released on Thursday. The findings could fuel a long-simmering feud between the gaming industry and American sports leagues, who want a share of the gambling revenue as U.S. states begin to legalize sports betting. The survey showed leagues stand to benefit even without...

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