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Business report: betting sites cleaning up

Business report: Betting sites cleaning up
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The NFL season is under way…and sports betting operators including DraftKings, FanDuel, MGM and Caesars could be on the cusp of setting betting records. A record 46.6 million adults plan to bet on the 2022 NFL season, up 3% from last year, according to the American Gaming Association. One major reason for that is the increase in states that offer legal sports betting.  31 states, plus Washington, D.C., offer some form of legalized sports betting, compared to this time last year when just 22 states, plus D.C., offered legal wagering.

Home prices are finally starting to ease. CoreLogic says annual home-price appreciation slowed for the third month in a row in July, to 15.8%. That’s down from 18.3% in June. Between June and July, home prices actually fell by 0.3%, a trend not seen between 2010 and 2019.  The typical home value fell by $366 in July, and is now $357,107.


Futures are up after stocks closed higher yesterday. The Dow Industrials gained 193, the Nasdaq rose 70 and the S&P 500 added 26.