U.S. Sports Betting Outlook - Summer 2023
Outlook | August 10, 2023 | GC Editorial, Research & Data
Vixio GamblingCompliance’s monthly U.S. Sports Betting Outlook reports provide industry-leading insight into the fast-moving market for sports wagering across the United States. Each report includes a summary of the state of play for legal sports wagering, identifies emerging policy and regulatory trends, analyses the latest market data, highlights upcoming developments, and filters hundreds of pieces of pending legislation into a shortlist of key bills to watch.
20 - new percentage tax rate applied to gross sports wagering revenue in Ohio
This edition of the outlook includes:
- A close look at what's next for sports wagering in Florida and the tribal gaming market.
- Analysis on the top ten largest U.S. sports-betting states.
- Policy perspectives on Ohio, California and the demise of Barstool Sportsbook.
U.S. sports-betting market nears $10bn mark
Regulated U.S. sports-betting revenue grew by 72 percent to an estimated $9.63bn in the year ending June 2023, with online gross gaming revenue (GGR) leaping by 81 percent to $8.93bn, or 92.7 percent of this total. New York accounted for a leading $1.58bn or 16.4 percent of the national total, with no other individual state driving more than 10 percent of revenue, after a swathe of major new launches since the start of last year.