SportsHandle

Data Cited at: SportsHandle-https: //sportshandle.com/ The US gambling industry, including casinos, lotteries, and daily fantasy sports sites, scored a monumental win in May 2018 when the US Supreme Court overturned the Professional and Amateur Sports Protection Act of 1992. That opened the floodgates to state-by-state legalization and regulation of sports betting. Previously, single-game sports wagering was confined to the state of Nevada, and Las Vegas became the mecca of US sports betting. However, legal sports wagering has expanded to more than 20 states and counting as of May 2020. The American Gaming Association previously estimated that sports bettors in the US were wagering $ 150 billion annually, prior to the overturning of PASPA, yet only about $ 5 billion of that was happening legally - in Nevada. Some states have legalized only brick and mortar (B&M) sportsbooks for now, while others have also permitted online / mobile wagering; demand has been enormous and some states have seen as much as 90% of all bets in the state placed via online / mobile.