U.S. Sports-Betting Market To Surpass UK By 2023, GamblingCompliance Report Finds

The U.S. Supreme Court’s historic ruling to overturn the Professional and Amateur Sports Protection Act (PASPA) is set to create a legal sports wagering market worth between $3.1bn and $5.2bn in annual revenue by 2023, according to a new report from GamblingCompliance.

The projections included in GamblingCompliance’s report, "U.S. Sports Betting – Sizing The Post-PASPA Opportunity", assume 25 to 37 states would have lawful wagering within five years of the Supreme Court ruling, as additional states follow a group of seven "first-movers" that are set to launch betting operations within the next few months.

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