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47 million Americans expected to bet during March Madness – Las Vegas, Nevada

Las Vegas, Nevada 2021-03-16 18:26:27 –

Las Vegas (KTNV) —According to the American Gaming Association, 47 million Americans are expected to bet on the 2021 March Mad Nest Tournament.

This is about the same as the number of bets placed in 2019, but the betting method has changed.

According to AGA, the number of Americans betting on online sportsbooks will triple, and the number of Americans paying for physical sportsbooks will double.

Relation: March Madness Activities in Las Vegas | 2021

According to AGA, the dramatic growth in popularity of sports betting can be attributed to the expansion of the statutory market.

In 2019, over $ 350 million was bet on Las Vegas. This is more than the amount bet on the Super Bowl last year.

Sportsbooks earned an average of $ 32.7 million from 2017 to 2019. According to ESPN.com..

Unfortunately, the tournament was canceled in 2020 due to a coronavirus pandemic, and Las Vegas was a huge hit.

For that, Victory plummeted to $ 1.5 million In March 2020, it decreased by 95/5% from the previous year.

The first full day of this year’s NCAA tournament will begin on March 19th. All games will be held in Indianapolis, Indiana.



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