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Betting on team sports has become an important service industry in many countries. For example, millions of Britons play the football pools every week. At sports betting, players may beat the bank.
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Online Gambling Stocks are Getting Popular at Wall Street
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Some of Wall Street’s largest firms hold millions of dollars in online gambling casinos that are traded on the London Stock Exchange. Wall Street firms such as Morgan Stanley, Goldman Sachs, and Merrill Lynch hold shares in online gambling companies such as BetOnSports and SportingBet despite the position of the U.S. government that Internet gambling is illegal. read full article
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