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Americans estimated to wager nearly $3 billion on March Madness

From nypost.com

Sports bettors rejoice: one of the biggest events on the athletic calendar is almost here. March Madness will kick off next week, and with sports gambling now legal in 38 states and Washington D.C., forecasters are expecting a record-breaking amount of money to be placed legally on this spring’s NCAA basketball tournaments. U.S. sports bettors will legally bet $2.72 billion during March Madness this year, according to projections from the American Gaming Association. That figure is roughly 2.2 percent of all the money legally wagered across the country in 2023, according to the AGA. It’s also a 55 percent increase on ... (full story)

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