Super Bowl could generate 1bn through legal sportsbooks in US

This year’s Super Bowl could generate a handle as large as $1bn through legal sportsbooks in the US, predicts PlayUSA

This year’s Super Bowl could bring forth a hold as large as $1bn through and through legal sportsbooks in the US, predicts PlayUSA.com.

Although the Super Bowl is the most pop sports betting event of the yr in the US, and attracted $4.3bn in wagers inwards 2021, it’s believed that only if $500m of that came through and through legal betting routes. If, as predicted, legal sportsbooks draw $1bn through Super Bowl betting this year, it will roughly three-fold finally year’s handle.

Eric Ramsey, Data Analyst, PlayUSA.com, commented: “The sports betting landscape painting has changed dramatically since in conclusion year’s game. More than half of all Americans now unrecorded inwards a legal jurisdiction, and fifty-fifty well-established markets such as New Jersey and Silver State get grown significantly over the lowest twelvemonth as wandering betting gains inwards popularity.”

Indeed, when Super Bowl LVI comes around, on Billy Sunday 13 February, sports betting will follow legal in some cast crosswise 30 states. Ten of those states did not offer up any form of sports betting lowest year, spell the likes of New York, Louisiana and AZ feature expanded into online sports wagering since the previous Super Bowl.

In short, an additional 47 trillion US residents now live in a legalised state, compared to the same clip shoemaker's last year.

Dustin Gouker, Lead Analyst for PlayUSA.com, said: “$1bn inwards effectual wagering on a bingle gamey would be an telling milepost for the industry. It would have got seemed out of the question just now a few years ago to get hold of such heights, but with the expansion of sports betting o'er the lastly yr it is inevitable that legal wagering will soar.”

Of the legalised states, Play.com predicts Sagebrush State testament take the largest handle this time around (a projected $175m), patch freshman New House of York could bring forth $160m.

In total, an estimated $50bn was placed on effectual wagers, both online and in-person, throughout the US inward 2021.

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