The Rise of Sports Betting in the US

You need to rewind to 2018 to pinpoint a pivotal moment in the United States as the Supreme Court decided to overturn the Professional and Amateur Sports Protection Act of 1992. This law had previously limited legal sports wagering nationwide, except in Nevada. Some passionate sports enthusiasts turned to offshore betting sites, despite inherent risks. The abolishment of PASPA marked a significant chapter in US sports betting, granting states the autonomy to regulate sports gambling.

As mentioned, there was already significant enthusiasm for online sports betting in the US even before the legal shifts. Americans possess a deep passion for sports and wagering, and the infrastructure for legalized online sports betting was already set. Devotees of the NFL, NHL, MLB, NBA, and MLS don't just watch their teams; they wager too. Observing the energy in the stands at an NFL match or the dedication on a Sunday reveals how central sports are in American lives. Thus, the chance to bet on favored teams in major US sports was an irresistible opportunity, facilitated by legislative changes. end of PASPA A mere two years after the US sports betting overhaul, 18 states opened regulated sports betting markets. By 2022, around 30 states permitted legal wagering, with 18 of them welcoming online sports betting. This transition from 2018 to 2022 saw approximately 100 million Americans gaining the ability to place legal bets locally. It's a monumental shift over a short span, and the future holds more developments as additional states are expected to legalize sports betting, both offline and online.

Between the start of 2021 and 2022, the landscape of sports betting in America expanded from 19 to 32 states. For context, the American Gaming Association’s Commercial Gaming Revenue Tracker recorded a sports betting handle of $42.19 billion from January to October 2021. This figure nearly doubled the previous year’s same-period measure, with a significant portion attributed to NFL betting.

American gamblers have a clear preference: the NFL. It’s estimated that over 60% of sports bettors in the US choose NFL games. For those eager to stake on the NFL, we suggest exploring different sportsbooks. Utilize promo codes for enhanced experiences with bonuses such as risk-free bets, deposit matches, and more.

Beyond football, other sports captivate American bettors, including soccer, golf, basketball, and hockey. Interest spikes notably in significant events, and the thrill of wagering extends to political arenas too, like the speculation around future US presidential elections. latest NFL betting apps With online fantasy sports betting platforms already legally operating in the US, the legislative evolution created a golden opportunity. European sports betting giants entered the fray, alongside casinos, contributing to a rapid increase in the number of US sportsbooks. With more options and higher quality offerings, betting on sports is becoming even more enticing across the states.

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