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Americans bet $125B on sports since 2018 legalization

Americans have bet more than $125 billion on sports with legal gambling outlets in the four years since a U.S. Supreme Court ruling cleared the way for all 50 states to offer it.

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DraftKings gets extension to pursue $22.5B takeover deal

Entain said in a statement Tuesday that the company’s board has been in discussions with DraftKings to explore the “merits and feasibility” of a potential deal and set a Nov. 16 “Put Up or Shut Up,” deadline for the proposal.