Gambling Industry

How U.S. Sports Betting Skyrocketed To $11 Billion In Just 5 Years 1

How U.S. Sports Betting Skyrocketed To $11 Billion In Just 5 Years

Since the U.S. legalized sports betting in 2018, the industry has exploded, with annual gross gaming revenue skyrocketing from $400 million to a staggering $11 billion in just five years. This phenomenal growth is fueled by states like Nevada, New Jersey, and Pennsylvania, which embraced early legalization and robust regulations.

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