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MarketBeat
MarketBeat
Dan Schmidt

Prediction Markets Are Coming: Can DraftKings & FanDuel Survive?

The NBA regular season got off to an inauspicious start last week when news of a massive FBI gambling probe hit, resulting in the arrests of several high-profile players and coaches.

Numerous high-profile athletes have been involved in betting investigations since sports betting went mainstream in the United States, and despite the apprehension from professional and collegiate sports leagues, 39 states (plus D.C. and Puerto Rico) have now legalized the practice.

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