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NCAA March Madness Mobile Betting Big Business

  • Forbes, Wednesday, March 24, 2021 9:18 PM
Office pools seem absolutely quaint these days. With online gambling now legal in 25 states, the 2021 NCAA tournament is big business for gaming sites. While the number of Americans placing bets this year—47 million—is expected to stay flat from 2019, wagers are expected to break the 2019 record of $8.5 billion, per Forbes. Many of them are using DraftKings, whose founder became a billionaire earlier this year.

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