It’s only a slight exaggeration to say that legal sports betting in the United States has accelerated from zero to 100 in barely any time.
Commercial handle across the United States surpassed $100 billion for the 2023 calendar year Tuesday, once Pennsylvania reported record volume of $934.1 million for November that put sportsbooks nationally above the historic milestone. Five states — four of them allowing mobile betting apps — entered the sports betting marketplace at various points in 2023. Newcomers Ohio and Massachusetts made substantial contributions getting the national handle to $100 billion in less than 11 full months of state reporting.
Even with reporting for December yet to start and several November reports from big-market states yet to come — perhaps including the first report from sports betting in Florida — the $100.6 billion is already 7.2% higher than the $93.8 billion in bets accepted in all of 2022.
