FILE – Fox Sports broadcaster Greg Olsen retrieves his receipt after placing the first ceremonial … [+] bet in North Carolina during a DraftKings event celebrating the launch of mobile and online sports wagering across the state at the NASCAR Hall of Fame, Monday, March 11, 2024, in Charlotte, N.C. As March Madness gets underway, more people than ever now can legally bet on sports. A total of 38 states and the District of Columbia now allow some form of sports betting.(AP Photo/Erik Verduzco, File)
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As gambling on sports proliferates across America, there are record-breaking profits for the betting companies and a tax revenue windfall for state governments. But at the same time…
