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$30B

Americans are set to gamble a record $30 billion on the NFL this season, according to estimates from the American Gaming Association.

For context, that’s the same price tag as all US sports broadcasting rights combined. Leading sportsbooks like DraftKings, Flutter Entertainment’s FanDuel, Caesars Entertainment, and MGM’s BetMGM are positioned to cash in, with each battling for market share through promos, partnerships, and increasingly sticky mobile apps.

Meanwhile, lawmakers are ramping up efforts to crack down on illegal sportsbooks: this month, 50 attorneys general urged the Justice Department to take action against unlicensed gambling, warning that states are losing roughly $4 billion in tax revenue.

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Netflix slumps as Elon Musk ramps up calls for boycotts on the streaming giant

Netflix shares slumped Thursday, down for the third straight day, as Elon Musk continued to push for users to cancel their subscriptions to the streaming giant.

The backlash centers mostly on Netflixs animated series Dead End: Paranormal Park, though Musk has also referenced The Baby-Sitters Club, shows that touch on transgender themes. On Tuesday, he replied “Same” to a user who said they’d canceled Netflix, confirming he had too. Early Wednesday he urged, “Cancel Netflix for the health of your kids.”

Musk continued to back a boycott on Thursday, resharing to his 227 million X followers several posts of users canceling their accounts and highlighting cultural criticisms around the show.

Netflix stock has performed well this year, rising about 30%.

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