Your World, Fully Explored.
Published loading...Updated

U.S. Sports Betting Handle Surpasses Half a Trillion Dollars

Summary by LegalSportsBetting.com
The U.S. has officially surpassed $500 billion in the amount of money bet at sportsbooks both in person and online since 2018. $149.6 billion was wagered in 2024 alone, reflecting 3,100% growth since PASPA’s repeal. New York leads all states with $69.13 billion in wagers since mobile betting began in 2021. Sports betting has generated $8.28 billion in tax revenue, including $2.83 billion in 2024. Hold rates are climbing, signaling greater sports…
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

Bias Distribution

  • There is no tracked Bias information for the sources covering this story.
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

LegalSportsBetting.com broke the news in on Monday, May 5, 2025.
Sources are mostly out of (0)