40 years of legal sports betting in Australia points to risks for US gamblers – and tips for regulators

PROMO 64J1 Miscellaneous - Sports Betting Gambling - iStock - CarmenMurillo

It's only been five years since the U.S. Supreme Court overturned a federal law that essentially banned sports betting in most states, but in Australia, the novelty of legal sports betting has long worn off: It's been legal since the 1980s.