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Mobile Sports Betting Is the Moneymaker as More States Legalize

Bets placed via smartphones have rapidly brought New Jersey neck-and-neck with Nevada in the race to be the nation’s biggest sports-betting market.

Limits in other states, though, could hamper the nascent industry’s growth.

Online gamblers now account for about 80% of all legal wagers on games in New Jersey, which surpassed Nevada for the…


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