“The general health of the sports betting industry in Nevada has never been stronger,” Gaming Control Board senior economic analyst Michael Lawton said. The handle skyrocketed to $8.1 billion in 2021 and to $8.7 billion in 2022, almost doubling the figure from the final pre-PASPA year of 2017 and more than tripling the total from 2010. But bettors have since come back with a vengeance. The number dropped to $4.3 billion in 2020, when the COVID-19 pandemic closed casinos and sidelined sports. The state’s sports betting handle, or amount of money wagered, surpassed $5 billion for the first time in 2018 and set a state record for the 10th straight year in 2019, when books took $5.3 billion in bets. On the fifth anniversary of the May 14, 2018, repeal of the Professional and Amateur Sports Protection Act (PASPA) - which paved the way for other states to offer sports betting - any fears that it would have a negative impact on Nevada, largely Las Vegas, have proven to be unfounded. Supreme Court struck down the federal ban on sports betting, ending Nevada’s virtual monopoly on the market, business is booming at the state’s sportsbooks. (Rachel Aston/Las Vegas Review-Journal) years after the U.S. Even if sports betting has been legalized, restrictions may still apply and can vary by state, such as limited authorized operators, few permissible bet types, and a minimum age requirement.Attendees react to Super Bowl LVII at Caesars Palace sportsbook in Las Vegas, Sunday, Feb.Alaska, Georgia, Kansas, Massachusetts, Missouri, and Oklahoma have either pre-filed or introduced bills in the state legislature to legalize single-game sports betting or have scheduled voter referendums on the matter.

Florida, Nebraska, and Ohio are the three “Legal-Not Yet Operational” states, as sports betting has been legalized by these states but the market is not yet available.According to the American Gaming Association, 30 states and the District of Columbia currently have sports betting legislation that's considered “Live, Legal,” meaning single-game sports betting may be offered to consumers through legal retail and/or online and mobile sportsbooks.These can either be retail locations that offer in-person bet placement or online and mobile platforms, depending on state laws. Gambling on sporting activities typically requires working with an individual or company that accepts bets, also known as a sportsbook.

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