Millions of dollars are already made each year through sports betting, and this number is only anticipated to rise. The American Gaming Association estimates that in 2021, sports gambling revenue reached an all-time high of $4.3 billion. Online sports betting in New York began on January 8 and within the first eight days brought in nearly $48 million in net profit and $24.6 million in taxes for the state.
All state legislatures, with the exception of a few, have finished their work for the calendar year 2022.
One of the few states with a functioning legislature is Massachusetts, where efforts to allow sports betting are progressing.
All state legislatures, with the exception of a few, have finished their work for the calendar year 2022.
One of the few states with a functioning legislature is Massachusetts, where efforts to allow sports betting are progressing.