What is the historical impact of sports betting?

Jenny

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The historical impact of sports betting has been profound, influencing not only the financial dynamics of sports organizations but also shaping cultural attitudes towards gambling. Its roots can be traced back to ancient civilizations, where betting on athletic events was common, laying the groundwork for modern practices. Over time, sports betting evolved with the establishment of formal betting industries and regulations, leading to significant economic contributions through taxes and job creation. It has also driven advancements in technology, particularly with the rise of online betting platforms.
 
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