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Introduction Sports betting has been around for centuries, but the industry has evolved significantly in recent years. With the advent of online betting platforms, the industry has become more accessible and popular. The rise of mobile devices has further contributed to the growth of the industry, CNBC News Today as people can now place bets on their favorite sports from anywhere in the world. In this report, we will take a closer look at the latest trends and developments in the sports betting industry.

Recent Developments in Sports Betting One of the most significant developments in the sports betting industry is the legalization of sports betting in several states in the US. Since the Supreme Court overturned the Professional and Amateur Sports Protection Act (PASPA) in 2018, more states have been legalizing sports betting. According to the American Gaming Association, sports betting is now legal in 21 states and the District of Columbia. Another significant development in the industry is the increasing use of data analytics and machine learning.

Sports betting companies are now using data analytics to analyze past performance, player statistics, and other factors to predict the outcome of games. This has led to more accurate predictions and better odds for bettors. The rise of mobile betting has also had a significant impact on the industry.

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