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UN Report Indicates Billions Wagered and Laundered Through Illegal Sports BettingWritten by: Steve Bittenbender

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A report recently published by the United Nations estimates that criminals launder up to $140 billion annually through sports betting. The report acknowledges illicit activities in athletic events date back to ancient times. However, the UN Office on Drugs and Crime (UNODC) notes such behavior has risen substantially in the past 20 years. “Indeed, globalization,
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