Sports Betting Reaches New Heights as Revenue Soars to $10.9B, With Further Growth Potential Ahead
• Sports betting handle hit nearly $120 billion in 2023, a 27.8% increase over 2022 • Revenue from sports betting increased 44.5% to $10.92 billion, a new record • Over $23 billion projected to be bet on 2024 Super Bowl • 38 states and Washington DC have legalized sports betting now • If remaining states like California and Texas legalize sports betting, numbers could go even higher