Watch: Illegal March Madness gambling to top $10 billion
For many, much of the appeal of March Madness comes from office pools, bracket competitions, and championship wagers. This March, more than $10 billion is expected to be gambled. The American Gaming Association expects that only 3% of the wagers will be legal. In 2017, 24 million people paid around $3 billion into bracket pools…
This story was produced through MarketScale. See how Sports & Entertainment teams put it to work with Events & Onsite Capture.
Free workspace
Turn your Sports & Entertainment expertise into content.
Record interviews, organize footage, and write with AI in a free MarketScale workspace. Qualifying companies also get one professional video edit a month. No credit card.
For many, much of the appeal of March Madness comes from office pools, bracket competitions, and championship wagers. This March, more than $10 billion is expected to be gambled. The American Gaming Association expects that only 3% of the wagers will be legal. In 2017, 24 million people paid around $3 billion into bracket pools alone. Nevada is alone in allowing for single-game wagers. As the action heats up, gamblers are watching the Supreme Court closely. A decision expected in June could change the legality of NCAA gambling forever. Would you put money up?
For the latest news, videos, and podcasts in the Sports Industry, be sure to subscribe to our industry publication.
Follow us on social media for the latest updates in B2B!
Twitter – twitter.com/marketscale
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale
Your experts belong here
Every story in MarketScale Sports & Entertainment starts with a company putting its venue operators, production crews, and partnership teams on the record. Buyers are already reading this topic. The only question is whose experts they find.
Rights holders and partners back the operators they know, and coverage is how they get to know yours.
