"Record-Breaking $120 Billion Spent on Sports Betting and Casino Gambling in 2023"

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Source: NBC Sports
"Record-Breaking $120 Billion Spent on Sports Betting and Casino Gambling in 2023"
Photo: NBC Sports
TL;DR

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.

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