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Sports betting law suffers ‘major blow’ in New Jersey

New Jersey’s latest shot at legalized sports betting suffered a significant setback Tuesday, when the U.S. Third Circuit Court of Appeals upheld the prohibition of sports gambling in that state by a 10-2 vote.

Nevada sports betting could be a $5 billion industry

In the late 1970s, as Jimmy Vaccaro tells the story, there were times when ticket writers in Strip sports books would fall asleep behind the counter because there was so little action. And that was Super Bowl week.