The turnover from illegal betting on the market is estimated to reach US $ 148.8 billion in the United States. The casino industry’s leading lobbying group is strongly supportive of the ongoing federal law reforms related to this activity.
The chief executive of the US Gambling Association predicts that the next US president will legalize sports betting. So that it is not limited to just one state street.
According to a report from Trib Live, AGA CEO Geoff Freeman said in Pittsburgh last week: “The next president will receive an application for legalizing sports betting on his desk, and I’m confident that they will make the right decision.”
“It’s time for the legalization of sports betting to become a reality,” Freeman said previously AGA said an estimated $ 9.2 billion had been bet on March Madnesstrong this year. While only $ 262 million comes from legal betting in Nevada.
In the Federal Laws of the 1990s, legal betting was limited to Nevada and some other states. Even Silver State is the only place to issue sports betting books. New Jersey, in particular Atlantic City, tried to pressure to change the Professional and Amateur Sports Protection Act.
But so far it has failed. Pennsylvania is the leading gambling and casino market in the US. They said they were interested in the sportsbook if it was legalized.
Delaware, which has a form of sports betting in the form of bets, is planning to put those tables on the Internet. Currently Delaware is one of three states that have online gambling.
The state also recently saw a record $ 132 million bet on the Super Bowl. Even the incumbent President is very good at betting big matches. Nevada’s sports betting book made $ 231.8 million from gamblers in 2020. It is up 2 percent from 2019 and is the highest of all time.