New Study Ranks States By Sports Betting Activity

Which U.S. states have the largest sports activities bettors? One gaming web site lately carried out a research to reply that query and the state of Nevada got here out on prime with greater than $1,800 wager per capita.

Crypto gaming web site Gamdom analyzed 2023 and early 2024 sports activities betting information to find out how a lot every resident in authorized betting states is prone to spend. This forecasting technique blends historic traits and previous inaccuracies to offer a exact outlook on the way forward for sports activities betting.

“Since its inception, sports activities betting has been a quickly rising enterprise within the states during which it’s authorized,” web site founder Felix Römer stated. “This information demonstrates simply that, and it’s definitely attention-grabbing to see which amongst these states are embracing it probably the most.”

Inside The Numbers

Unsurprisingly, the nation’s playing capital of Nevada dominates the sports activities betting panorama with annual wagering of $5.8 billion. This equates to a mean yearly per-capita spend of $1,815. That is 198% above the common for states with authorized sports activities betting.

New Jersey was second with a complete of virtually $13 billion and a per-capita common of $1,398. Backyard State residents wager 129% extra per individual than the common legalized state. New York got here in third with a 2024 forecast of $21.3 billion wagered and a per-capita determine of $1,087, which is 78% above the common. Massachusetts ranks fourth at $7.3 billion, translating to $1,041 per individual. Arizona is available in fifth with a deal with of $6.9 billion, equating to $929 per-capita.

“The figures are usually fairly astounding of their scale,” Römer stated. “The sum of money wagered within the prime few states is definitely a stunning statistic when in comparison with the common American state the place sports activities betting is authorized.”

Of all 32 states with legalized sports activities betting, South Dakota got here in on the backside of the listing with a complete deal with of simply $7 million and per-capita wagering of $7.63. Right here’s a have a look at all states within the research.

Rank
State
2024 Complete
Per Capita Spend

1
Nevada
$5,796,327,234
$1,814.65

2
New Jersey
$12,987,512,341
$1,397.88

3
New York
$21,276,643,183
$1,087.14

4
Massachusetts
$7,286,718,597
$1,040.75

5
Arizona
$6,899,981,406
$928.50

6
Maryland
$5,680,491,288
$919.14

7
Illinois
$10,958,789,928
$873.23

8
Colorado
$4,884,902,206
$831.10

9
Kansas
$2,234,638,745
$759.94

10
Iowa
$2,340,980,495
$729.96

11
Indiana
$4,829,373,826
$703.76

12
Tennessee
$4,933,845,377
$692.32

13
District of Columbia
$458,553,565
$675.36

14
Kentucky
$2,907,720,302
$642.43

15
Virginia
$5,453,659,942
$625.73

16
Louisiana
$2,769,802,402
$605.59

17
Ohio
$6,677,365,877
$566.55

18
Connecticut
$1,884,718,622
$521.05

19
Pennsylvania
$6,273,340,227
$483.99

20
New Hampshire
$655,566,897
$467.58

21
Rhode Island
$452,011,181
$412.43

22
Michigan
$3,735,217,703
$372.14

23
Maine
$481,306,674
$344.84

24
Wyoming
$148,171,380
$253.69

25
Vermont
$162,741,050
$251.35

26
West Virginia
$417,238,254
$235.72

28
Delaware
$179,984,067
$174.42

29
Arkansas
$438,127,089
$142.82

30
Mississippi
$268,730,255
$91.41

31
Montana
$60,077,290
$53.03

32
South Dakota
$7,014,416
$7.63

In associated information, the IRS lately detailed plans to recoup $1.5 billion in misplaced tax income from sports activities bettors for the reason that Supreme Courtroom overturned the digital ban on wagering outdoors of Nevada in 2018.