The American Gaming Association (AGA) released a report on sports betting statistics during 2019, revealing $5.3bn for Nevada, putting them ahead, followed by $4.6bn in New Jersey.
“With all states reporting their December numbers, America’s first full year of expanded legal sports betting is now in the books,” the association said. “And if the Super Bowl numbers pouring in this week are any indication, Americans have enthusiastically embraced their newfound ability to legally wager on sports outside Nevada.”
With the addition of the figures from December, Americans legally wagered a record $13b in 2019–almost double the $6.6bn handle from 2018–which generated $118 m in state and local tax revenue.
Since the May 2018 overturn of PASPA, bettors have wagered more than $17bn nationwide, translating sportsbook revenue to $1.2bn, as well as tax revenue to state and local governments to $152 m.
Of a total of 14 states now offering legal sports betting, 59 percent of the wagered money in 2019 came from wagers outside Nevada. Nevertheless, the expansion of sports betting has not come at Nevada’s expense as the Silver State posted a $5.3 billion handle last year, its own annual record. Online bettors wagered seven out of every 10 dollars on new (non-Nevada) markets.
“With at least six more states, plus DC, set to become operational in 2020, we expect the nationwide handle to continue to rise, as more Americans than ever will finally have an alternative to the dangerous illegal market,” said the AGA.
Using the new interactive sports betting map of the AGA you can keep track of the number of states with active sports betting legislation (17), as well as laws for each state with legal sports betting (20 + DC).
2019 handles by state:
- Arkansas: $11 million
- Delaware: $103 million
- Indiana: $436 million
- Iowa: $212 million
- Mississippi: $369 million*
- Nevada: $5.3 billion
- New Hampshire: Sports betting launched 12/30/2019
- New Jersey: $4.6 billion
- New Mexico: N/A*
- New York: N/A*
- Oregon: $45 million*
- Pennsylvania: $1.5 billion
- Rhode Island: $246 million
- West Virginia: $226 million
*Handle from NY and tribal casinos in MS, NM, and OR is not publicly reported.