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These firms, which arrange all sorts of deals with sponsors, act as middlemen. They negotiate the agreements with betting businesses and take a cut, in some cases in the millions of dollars, of whatever dollars modifications hands. So far, at least eight universities have become partners with on the internet sports-betting businesses, or sportsbooks, quite a few in the final year, with far more expected. The corporation revealed this week that it’s partnered with McConnell Golf, which operates Sedgefield Country Club in Greensboro. Considering that Sedgefield hosts an annual cease on the PGA Tour, the specialist golf venue certified for sports betting privileges.

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