How much are Americans Spending on Sports Betting
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Anyone who is a passionate gambler knows simply how huge sports betting is in the United States. There is so much money in the American wagering market, and many are questioning why. However, no one ever gets a solid answer through a quick internet search. For the most part, the cashes that enter into sports betting barely ever get tabulated. This is because a huge bulk of wagering is typically managed by legal offshore sportsbooks and on the black market. Neither of these entities is forced to offer information to the public. Sports Betting Industry in the USA
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Near to 60% of Americans determine as sports betting fans, however this does not mean all of them are wagerers. To learn how much Americans invest on wagering, we initially need to learn what percentage of the population identifies as gamblers. Every year, the NGCB (Nevada Gaming Control Board) presents a report on how much revenue in the US is credited to sportsbooks. By dividing this amount by the variety of casinos in Nevada, we need to come to a number that represents how much each gambler spends per year. Even though this is an inexact approach