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Online sports gambling has exploded in the U.S. since its legalization in 2018, putting savvy publishers in a position to profit off the $52.7 billion fans wagered on professional athletics in 2021, per data firm Morning Consult.
Several have generated millions in revenue by signing multiyear partnerships with gambling operators, and many of these arrangements pay a commission for each new gambler the media company delivers. The influx of bettors also acts as a flywheel for publishers’ other products, with gamblers purchasing tickets, merchandise and digital subscriptions.
So
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