Push To Legalize Sports Betting In The US Gains Traction

Law360, New York (July 23, 2015, 9:20 PM EDT) -- Sports betting in the U.S. has long been associated with organized crime and underground bookmakers, but with sentiments beginning to change, momentum is building for its legalization in what could be a cash cow for professional sports leagues. 

Since the Black Sox scandal in Major League Baseball, when bookmakers paid the Chicago White Sox to throw the 1919 World Series, wagering on games has been a taboo subject in the sports world. But with an illegal sports betting market already growing in the U.S. today, and reaching an estimated hundreds of billions of dollars, leagues and states are beginning to change...

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