"Record-Breaking $120 Billion Spent on Sports Betting and Casino Gambling in 2023"
TL;DR Summary
The 2023 sports betting handle in the U.S. reached nearly $120 billion, marking a 27.8% increase from 2022, with revenue hitting a record $10.92 billion. With 38 states and the District of Columbia legalizing sports betting, the industry continues to grow, and projections for Super Bowl LVIII alone exceed $23 billion. As 12 more states, including California and Texas, are expected to join in, the upward trend in betting numbers is likely to continue.
Topics:business#american-gaming-association#legal#revenue#sports-betting#sports-business#super-bowl-lviii
- 2023 sports betting handle spikes to nearly $120 billion NBC Sports
- Americans Gambled A Record $66.5 Billion In 2023 Forbes
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- New York is nation’s leader in sports betting revenue, report says New York Daily News
- U.S. casinos won $66.5B in 2023, their best year ever as gamblers showed no economic fear WOODTV.com
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