Americans are anticipated to place $3.1 billion in legal wagers on men's and women's NCAA basketball tournaments this year, as projected by the American Gaming Association (AGA). This marks an increase from the $2.7 billion wagered on March Madness in 2024, highlighting the growth of regulated sports betting and increasing confidence in legal platforms, according to the trade group.
"March Madn[...] Read more » Americans expected to Legally Bet $3.1 Billion on March Madness
Joined: May '09
Location: Croatia
Age: 40 (M)
Posts: 23240
as I told in last news aboput march madness that we had on forum few days ago, now its clear how much americans will spend on betting on this event! I writed how popular is this and how many of americans will watch this, but didnt expect that they will spend so much money on betting, in this case billions of dollars!
Joined: Sep '19
Location: Peru
Age: 30 (M)
Posts: 6548
This news demonstrates once again that what it highlights is the growth of regulated sports betting and the growing confidence in legal platforms. According to the association, digital businesses are growing every year, and sports betting has grown even more in recent years.
Joined: Jan '12
Location: Slovenia
Age: 33 (M)
Posts: 1503
Wow i didn't know that Americans so like colleague basketball, and they do bet so much. The amount seems extremly big, but would be good to se, how much percentages or money are for one better. Anyway this is not my think and will not bet this, but good luck for all from brm who will participate in this march madness. Gl