The Latest: Analyst projects $57B market for legal betting
WASHINGTON (AP) " The Latest on the Supreme Court ruling striking down a federal law that bars gambling on football, basketball, baseball and other sports in most states (all times local):1:25 p.m.A gambling market researcher says the market for legal sports betting could be more than $57 billion nationwide.Analyst David Katz of the Jefferies firm in New York is projecting modest near-term positive effects on the gambling industry following Monday's Supreme Court ruling. [...]
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