Gambling — online and in person — is more widely accessible in the U.S. than it’s ever been, and the industry has the revenue to show for it. The total U.S. commercial gaming revenue profit last year was over $70 billion, according to the American Gaming Association.
Americans are expected to wager an estimated $3.1 billion in legal bets on the NCAA March Madness tournament alone this year. That’s even more than was bet on the February, 2025 Super Bowl, which was $1.39 billion.
After a 2018 Supreme Court decision allowed for legal sports wagering outside of Nevada, dozens of states adopted the practice. It is now legal in 38 states plus the District of Columbia.
