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Published 1 year ago

March Madness is big business for gambling, and growth of sports betting poses a threat to college athletes

Summary by
When March Madness begins on March 14, 2023, it’s a sure bet that millions of Americans will be making wagers on the annual college basketball tournament. The American Gaming Association estimates that in 2022, 45 million people — or more than 17% of American adults — planned to wager $3.1 billion on the NCAA tournament. That makes it one of the nation’s most popular sports betting events, alongside contests such as the Kentucky Derby and the Su…

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