May 16, 2022 - Sports

Americans have spent $125B on sports betting in last 4 years

Data: Legal Sports Report; Table: Thomas Oide/Axios

Americans have wagered more than $125 billion on legal sports bets since PASPA was overturned four years ago (May 14, 2018).

State of play: 30 states plus Washington, D.C., have live, legal sports betting markets. Five more have legalized it but are not yet operational.

Of note: The chart above only includes 25 states, plus D.C. Handle and revenue numbers are not yet publicly available for New Mexico, Washington, North Dakota, Wisconsin and North Carolina.

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