The rampant popularity of sports wagering across the United States is showing no signs of slowing down, as total handle in jurisdictions with commercial betting recently cleared $250 billion in the post-PASPA era.
It was a quick leap in terms of a $50 billion interval, with just five-plus months to go from $200 million to $250 million. It was an eight-month span to get from $150 million to $200 million, a threshold crossed in early March. The introduction of large-market states Ohio and Massachusetts this year, coupled with the now-normal $1 billion-plus monthly handles in New York, drastically shortened the gap.
Year Two of mobile betting in the Empire State is running ahead of its 2022 pace.
