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75% of their sportsbetting hold in tax.PASPA product:Reynolds’ decision came just one day before the one-year anniversary of the United States Supreme Court’s decision to invalidate the Professional and Amateur Sports Protection Act (PASPA), which had until then largely limited sportsbetting to land-based casinos in Nevada. Since this momentous ruling, eight additional states have launched some form of sports wagering while Montana and Indiana have passed enabling legislation since the start of the year with Tennessee expected to follow suit soon....

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