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These markets require licensing fees and, oftentimes, high taxes. Online operators might be seeking lower payout percentages to help offset these costs.
They are, indeed. You can tell whether a site has a license by looking at its homepage.
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Darren Rovell, who has covered sports betting for 20 years and reports for the Action Network, a gaming news and data company, is amused by the about-face by sports leagues. ¡°Five years ago, the leagues were opposed to gambling,¡± he says. ¡°You see how quickly they did a 180-degree turn. They can see the situation down the road.¡±

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Recent Notable Trends Between Sports Betting and Gambling