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Moonves Sees Sports Betting As A Whole New World For CBS

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Added by Admin in Sports Betting Online Games
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C&B reports that CBS CEO Les Moonves sees sports gambling powering big gains in advertising revenue.
Despite questions about his future, Moonves was upbeat during CBS’s second quarter earning call with analysts Thursday. He said that CBS’s relatively new over-the-top service CBS Sports HQ and its Sportline website stand to benefit from gambling ads.

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