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UK bookmaker values rise by over £1.5bn as sports betting to be legal in US

Paddy Power Betfair, 888 and William Hill enjoy gains after US supreme court ruling The value of London-listed gambling firms, including 888, Paddy Power Betfair and William Hill, surged by more than £1.5bn after the US supreme court struck down a nationwide ban on sports betting that has stood for 26 years. The court upheld a legal challenge by the state of New Jersey , which argued that the Professional and Amateur Sport Protection Act of 1992 (PASPA) was unconstitutional. Related: Sports gambling set to become legal across US after supreme court decision Continue reading...

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