U.S. post-PASPA sports wagering handle surpasses $200 billion

Saturday, March 4, 2023 6:08 PM
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  • United States
  • Chris Altruda, Sports Handle

The sports wagering handle nationwide continues to spiral higher at a near-dizzying pace, with the national amount wagered in the post-PASPA era surpassing $200 billion Thursday. That came after the Colorado Department of Revenue posted January handle totaling more than $547 million.

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If you blinked, you almost missed the $50 billion wagered across the country from late August through the new year after it took eight or so months for bettors to drop that same amount to get the post-PASPA total to $150 billion. The staying power of mobile wagering in New York — where billion-dollar handles are now commonplace — bundled with the popularity of NFL wagering, Illinois’ ascension to rarified air, and the smashing debut of Ohio meant the timeline compressed noticeably to get to $200 billion.