U.S. Sports-Betting Market Worth Up To $12.4bn

The U.S. would become home to comfortably the largest betting market in the world if a federal prohibition was lifted and wagering able to expand beyond Nevada and the three other states exempted from the ban, a new report by GamblingCompliance Research Services (GCRS) has found.

According to GCRS estimates, Nevada-style sportsbooks in commercial and tribal casinos across the country would generate $1.5bn in annual gross gaming revenue (GGR).

The U.S. sports-betting market would be worth an additional $6.3bn annually if wagers were also authorized in land-based retail outlets beyond casinos.

To continue reading please log in or request a demo to speak to a member of the team.

Request a Trial

Click here to request a trial