U.S. online sports betting soared in 2022, with an eye-watering $80 billion wagered as consumers go all in on it
Note too that November’s total is incomplete but, even so, is greater than totals for June, July and August. To see state breakdowns for Jan-Oct, refer to the special report.
As noted in VIP+’s report, the amount wagered is not the same thing as the amount that consumers are spending on sports betting. Imagine you bet $10 and won $100 . You then bet the $100 gained. This means you spent $10, but have wagered $110, and it is the latter figure that states where online betting is legalized publish monthly.
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