These US states make the most from sports betting, a complete list
Sports betting is completely legal in as many as 38 states in the United States and people who thrive on trying their luck on sports, reside in a few select states where sports betting is extremely popular. In fact, the craze around sports betting is so big in the United States, that a record 67.8 million Americans bet on Super Bowl this year itself, if a report by USA Today is to be believed. The betting rates on Super Bowl shows a 35% increase from the previous year, showcasing how big the betting industry is in the United States.
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Is sports gambling earning revenue for US States?
Even though sports betting may look like a minor affair, with a participant betting on a horse race, or putting their money on a Super Bowl team, it is actually becoming one of the leading aspects of tax revenue for major states in the United States, says USA Today. Some states generate the most of this tax revenue from sports betting, which is then used for various public projects including infrastructure, sanitation, transportation and more.
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Which states make the most money out of sports gambling?
New York has made a fair share out of sports betting last year, when it generated $260 million in taxes. Since sports betting was legalized in the year 2018, New Jersey
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