After the Supreme Court's decision to strike down the federal ban on sports betting in the United States in May 2018, various states have legalized, or introduced legislation to legalize, the sports betting industry. According to the source, 4.3 billion U.S. dollars of direct sports betting revenue was generated in the U.S. in 2021. This figure was forecast to grow to as much as 15 billion U.S. dollars by 2026.
Direct revenue of sports betting in the United States in 2021, with a forecast until 2026
(in billion U.S. dollars)
“Direct sports betting revenue” is defined as revenue calculated as a share of the total amount wagered and depends on odds, type of wager, and individual sportsbooks.
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Activate. (November 3, 2022). Direct revenue of sports betting in the United States in 2021, with a forecast until 2026 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1347017/direct-sports-betting-revenue-us/
Activate. "Direct revenue of sports betting in the United States in 2021, with a forecast until 2026 (in billion U.S. dollars)." Chart. November 3, 2022. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1347017/direct-sports-betting-revenue-us/
Activate. (2022). Direct revenue of sports betting in the United States in 2021, with a forecast until 2026 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1347017/direct-sports-betting-revenue-us/
Activate. "Direct Revenue of Sports Betting in The United States in 2021, with a Forecast until 2026 (in Billion U.S. Dollars)." Statista, Statista Inc., 3 Nov 2022, https://www.statista.com/statistics/1347017/direct-sports-betting-revenue-us/
Activate, Direct revenue of sports betting in the United States in 2021, with a forecast until 2026 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1347017/direct-sports-betting-revenue-us/ (last visited November 22, 2024)
Direct revenue of sports betting in the United States in 2021, with a forecast until 2026 (in billion U.S. dollars) [Graph], Activate, November 3, 2022. [Online]. Available: https://www.statista.com/statistics/1347017/direct-sports-betting-revenue-us/