About 47 million people - one in five American adults - are expected to bet a co...
NEW YORK - About 47 million people - one in five American adults - are expected to bet a combined $8.5 billion on “March Madness,” the annual men’s college basketball tournament, a new report said on Monday.
The National Collegiate Athletic Association’s tournament to determine the Division I men’s basketball champions begins on Tuesday and ends April 8 in Minneapolis. Forecasts had suggested Americans would wager $325 million this year on another traditionally huge betting event, the Super Bowl.
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