US Sports Betting Growth and Expansion

Industry

Half of all the states in America now regulate betting on sports, and more are sure to follow. This week we look at the gambling news of US sports betting as it continues to grow and shatter records!

Hello players! Thanks for joining me on This Week in Gambling. I hope everyone had a wonderful Thanksgiving, and if you have any room for leftovers we’ve got a full plate of sports betting news to cover from seven different states! So let’s get right into it with this week’s big stories!

A few weeks ago we spoke about sports betting in the state of Colorado which just launched in May of this year but continues to explode. In fact, just for the month of September. their activity was up over 60%! And if you think that’s good, Tennessee just launched sports betting in November and they saw over $27 million wagered in just their first week of operation! Over half of the bets were on NFL football games… and over half of the NFL bets were that Cris Collinsworth would say something stupid during the Sunday night football broadcast! There were a lot of winners that week!

And if you think that’s good, Indiana sports betting just posted another record month up over 150% from the year before and bringing in over $230 million! And if you think that’s good, betting on sports in Illinois brought in over $285 million just in the month of September! And believe it or not that was only their third month of operation!

And if you think that’s good, betting on sports in Pennsylvania continues to shatter records! They brought in over $525 million just in the month of October, bringing their two-year operational total to $4 billion! And… (say it with me) if you think that’s good, New Jersey sports books just recorded their first ever $800 million month! Up over 60% from just the year before! And if you think that’s good… yeah that’s pretty freaking good!

Of course, not all the news was good this week. In fact, there’s one state out there where sports betting legislation just failed miserably! We’ll talk about that in just a moment, but first this week’s question: With the continued expansion of sports betting in America, which sports offer the betters the most opportunity for fun and profit? You can leave your answers below this video in the comments area and maybe we’ll feature your reply.

This week we do have two new online game reviews to share with you the first one is for the Hyperburst Online Slot from Yggdrasil, a six real game with 25 pay lines that comes with wild symbols, a bonus round and hyper re-spins. Also the Stars Megaways slot from Blueprint Gaming, a six reel game that comes with up to 117,649 pay lines. Both reviews are available right now on our YouTube channel, and please support us by subscribing.

And finally this week, one state where sports betting is not doing so well is Massachusetts. Their state senate just shot down legislation that would have regulated the activity there. Why? Coronavirus! What???

After the House approved betting on sports the Senate rejected the measure without even having a roll call vote. They said that there were more important issues for them to deal with, like COVID-19. Although, it’s estimated that approving sports betting could have brought the state about $30 million a year… and hey that would have been a hell of a lot of vaccinations. But what do I know? I’m just some jerk with a YouTube show.

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