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Sinclair Broadcast looks for boost from sports betting, CEO tells shareholders

Sinclair Broadcast looks for boost from sports betting, CEO tells shareholders

Sinclair Broadcast Group aims to eventually be the nation's biggest media company and expects a significant boost from legalized sports betting as it spreads across the United States, the CEO of the Hunt Valley-based company told shareholders Thursday.

“Sports betting is going to be a major tailwind for the company,” said Chris Ripley, Sinclair’s president and CEO, during an annual meeting attended by about a dozen shareholders at the broadcaster’s headquarters.

Sinclair said in May that it plans to partner with the owner of The Weather Channel

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