A recent report by Legal Sports Report provides an in-depth analysis of sports betting revenue and handle across the United States. The report tracks the revenue and handle generated by sports betting in each state that has legalized the activity.
According to the data, states such as New Jersey, Nevada, and Pennsylvania have emerged as leaders in the sports betting market, consistently generating high revenue and handle numbers. New Jersey, in particular, has seen significant growth in both revenue and handle since legalizing sports betting in 2018.
The report also highlights the impact of major sporting events on sports betting revenue. Events such as the Super Bowl and March Madness have been shown to drive significant increases in betting activity and revenue in states with legal sports betting markets.
One key takeaway from the report is the potential for growth in states that have recently legalized sports betting. States like Michigan and Virginia, which only recently launched legal sports betting markets, have already seen promising revenue and handle numbers.
Overall, the report provides valuable insights into the current state of the sports betting market in the US. It highlights the importance of major sporting events in driving revenue and the potential for growth in states with newly legalized sports betting markets.
For more information and detailed data on sports betting revenue and handle by state, the full report can be found on Legal Sports Report’s website.
Source
Photo credit www.legalsportsreport.com
