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.
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.