In the US, sports gambling is not just a thing – it is actually a BIG THING. Well, sports gambling already exists all the way back to the time of the battles of the gladiators and the races of the chariots. During that time, Romans put on their bets on those they thought would get the victory.
Since then, the expansion of sports betting grew up as a giant in the industry. In fact, Nevada, itself, gathered a total amount of $5.32 billion by running sports bets. This is only in the year 2019. Meanwhile, outside the states, Americans made around $150 billion on sports betting illegally.
Where It All Started?
The popularity of sports gambling in the United States also covers professional and college sports. With that, it also gave birth to legal and illegal betting. Way back in 1993, Nevada was the only firm gambling infrastructure that effectively operates sports betting. Whereas all of the other states had banned sports betting under the Professional and Amateur Sports Protection Act.
But, as time passes by, the Supreme Court already turned the PASPA garnering a 6-3 vote in 2018. This gave way to more than 20 states to allow the operation of some of the legal forms of sports betting.
It is estimated that by the year 2024, 50% of the residents of US will play legal sports betting into their states.