March Madness sports betting is a booming business for states

… WalletHub estimates there will be more than $10 billion worth of gambling around the 2023 edition of the NCAA Tournament. Over 50% of Americans will place an online wager on the event.

Those are big numbers, and they are not all coming in strictly above-the-board methods.

About 40% of the money will be wagered illegally in the games, according to WalletHub. But that also means the remaining tournament gambling will be done through legal methods.

That legal share has grown because the number of places allowed to place legal bets on games — online and in-person — has increased in recent years. CONTINUED

Dante Chinni, NBC News


The OPINION TODAY email newsletter is a concise daily rundown of significant new poll results and insightful analysis. It’s FREE. Sign up here: opiniontoday.substack

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.