US Sports Betting Revenue Exceeds $10 Billion and Rises by 44.5% in 2023

In 2023, the sports betting industry in the US grew by 44.5%, making over $10 billion. This is a big jump from the previous year.

Overall, the gaming industry in the US saw a 10% increase, totaling $66.52 billion. Sports betting contributed 16.4% of this revenue. More states are legalizing sports betting, contributing to its growth.

Despite concerns about gambling addiction, legalization continues to gain acceptance.
 
Back
Top