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US Supreme Court opens path for states to legalise sports betting

The US Supreme Court has made a landmark ruling that could allow states across the country to legalise sports betting.
 
It has endorsed a 2014 state ruling in New Jersey which permits sports betting in casinos and at horse racing tracks.
 
The court also struck down a 1992 federal law banning sports gambling.
 
The news sent the share prices of gambling stocks in the US and UK surging, including Britain's William Hill and Paddy Power.
 


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