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While gambling companies seek out new ways to engage eager young bettors, states profit, via ever-increasing tax revenues. Meanwhile, after fighting betting for decades, leagues and teams have tied themselves closely to it, to increase their profits. The Sixers have a sponsorship deal with Fox Bet. The Eagles have three sports betting partners. Phillies broadcasts feature in-game odds and various wagers through PointsBet. On Phillies pregame shows, hosts discuss whether prop bets could hit.
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The controversial sports media company has its own sportsbook, which debuted in Pennsylvania in 2020 and has expanded to 10 states. It is operated by Penn Entertainment, which runs several American racetracks and casinos.
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