PlayUSA.com: Football Will Draw More Than $20 Billion in Bets, $1.5 Billion in Revenue in 2021 - Investing News Network

Bettors could pour more than $20 billion in wagers on NFL and college football games into legal U.S. sportsbooks during the 2021 season, resulting in as much as $1.5 billion in revenue for those sportsbooks, according to projections by PlayUSA which tracks the regulated sports betting market in the U.S. Significant variables such as when a slew of new markets launch later this year make a precise prediction …

– Bettors could pour more than $20 billion in wagers on NFL and college football games into legal U.S. sportsbooks during the 2021 season, resulting in as much as $1.5 billion in revenue for those sportsbooks, according to projections by PlayUSA which tracks the regulated sports betting market in the U.S. Significant variables such as when a slew of new markets launch later this year make a precise prediction difficult, but the football-related handle in 2021 could triple the estimated $7.5 billion bet on football during the 2020 season.

“Propelled by the launch earlier this year of legal sports betting in relatively large states like Michigan and Virginia , in addition to states such as Arizona that are expected to launch near the beginning of the NFL season, the U.S. market has grown significantly since the beginning of the 2020 football season,” said Dustin Gouker lead analyst for the PlayUSA.com Network. “The U.S. sports betting market looks entirely different than it did just one year ago. There is no question that it will be a historic football season unlike...



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Source: NewsService