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The record for the most money wagered on a single sporting event was set during Super Bowl LV in 2021, with an estimated $4.3 billion bet on the game. This figure highlights the increasing acceptance of sports betting and its potential to generate substantial revenue for both operators and governments. As we delve deeper into the world of gambling records, it is essential to recognize the role of technology in shaping the industry.

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Supreme Court’s decision in 2018 to strike down the federal ban on sports wagering, numerous states have moved to legalize and regulate sports betting within their borders. This shift has not only opened up new revenue streams for states but has also prompted discussions about responsible gambling practices and consumer protection measures. States like New Jersey and Pennsylvania have set examples by implementing robust regulatory frameworks that prioritize player safety while fostering a competitive market.