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legalizing sports betting won't just bring the law in line with american attitudes and desires – can you bet on college football will also deliver powerful economic benefits, possibly generating $8 billion in local taxes, creating hundreds of thousands of jobs, and adding $22. total jobs supported, both direct, indirect and induced, is expected to be 216,671. legal sports betting is expected to contribute $22. total economic output, representing sales of businesses in the us, is expected to be $41. 0 billion of total labor income. sports betting market.

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