by Felix Richter, Mar 28, 2024Five years after the Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA), sports betting continues to boom in the United States. According to the American Gaming Association, gross gaming revenue from sports betting, i.e. total wagers minus winnings, amounted to $10.9 billion in 2023, shattering the previous record set the year before. In total, Americans wagered almost $120 billion on legal sportsbooks last year, up from $93 billion in 2022. According to the AGA, last year's growth was driven by continued maturation of existing markets as well as several new markets, including Massachusetts and Ohio.[...] 🔗 statista.com
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46 sats \ 0 replies \ @StillStackinAfterAllTheseYears 3 Apr
I'm in a state where a bunch of the apps are legal, and the advertising blitz is nonstop.
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32 sats \ 1 reply \ @grayruby 4 Apr
Food for thought, how will this affect the degenerate gambling portion of the bull market where people are yoloing into memecoins and NFTs?
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0 sats \ 0 replies \ @0xbitcoiner OP 4 Apr
Money flows freely.
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