Total US betting handle grew as more states launched sports betting operations in 2019.
Sports bettors in the US wagered a total of $13bn in 2019, almost double the $6.6bn wagered in 2018, according to figures from the American Gaming Association (AGA).
According to the figures, 59% of the sports bets placed in 2019 were made outside of Nevada, which up until the repeal of the Professional and Amateur Sports Protection Act (PASPA) in May 2018, was the only state that offered legal and regulated sports wagering.
The figures also show that seven out of every 10 dollars bet outside of Nevada was wagered via an online platform.
How did each state perform?
Out of all the states that offer sports betting Nevada posted the highest handle with sports bettors in the Silver State wagering a total of $5.3bn on sporting events. New Jersey’s sports betting handle trailed close behind Nevada with bettors wagering $4.6bn on sports in the Garden State. The state of Pennsylvania came in third place with a sports betting handle of $1.5bn.
Of the states that offer legal sports betting, New York and New Mexico have not made their sports wagering handle public. New Hampshire also launched sports betting at the end of the year and therefore was not included in the AGA’s figures for 2019.
The AGA did, however, include sports betting handle for tribal casinos in Mississippi and Oregon despite both states not publishing sports betting handle.
Here’s how much was wagered in states with legal sports betting:
- Arkansas: $11 million
- Delaware: $103 million
- Indiana: $436 million
- Iowa: $212 million
- Mississippi: $369 million
- Nevada: $5.3 billion
- New Jersey: $4.6 billion
- Oregon: $45 million
- Pennsylvania: $1.5 billion
- Rhode Island: $246 million
- West Virginia: $226 million
In terms of revenue, total state and local tax revenue in 2019 amounted to a total of $118m.
Sports betting in the US
Since the repeal of PASPA in 2018, a total of 14 states currently offer some form of legal and regulated sports wagering.
Of the states that offer legal sports betting only a handful offer online or mobile betting, which includes Nevada, New Jersey, Pennsylvania, New Hampshire, West Virginia, Indiana, Iowa, Oregon and Rhode Island.
An additional six states have legalized sports wagering but have yet to launch the activity. These states include Colorado, Illinois, Michigan, Montana, North Carolina and Tennessee. The AGA expects these states, and Washington DC, to launch legal sports betting operations in 2020. Once these jurisdictions launch betting operations sports betting handle will undoubtedly increase.