TIME

A BET BIGGER THAN SPORTS

Sports books, like this one in Las Vegas, could soon pop up across the country

As federal laws go, the Professional and Amateur Sports Protection Act (PASPA) never really hit the jackpot. Passed by Congress in 1992 to combat the supposed scourge of sports gambling, it effectively banned this vice in just about every state, while giving Nevada—the only one that sanctioned full sports gambling—a perpetual monopoly. During the nearly 26

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