Over $15 Billion to be Bet on March Madness

Estimates from the American Gaming Association are that over $15 billion will be bet on March Madness this year, and that from nearly 70 million gamblers across the country. The growth of bets on the NCAA tournaments has been driven by a resurgence of bracket contests as well as Americans taking advantage of the expansion of legal online wagering. Three-fourths of online bettors say this will be the first time they bet on March Madness online. While 18 million more American adults plan to wager on March Madness compared to last month’s Super Bowl, Americans are expected to wager half…

45 Million Americans to Bet on March Madness

This week’s video gambling news update discusses the tens of millions of American sports gamblers who will bet on March Madness this year! Plus, it’s estimated they will drop over $3 billion in wagers on the games and brackets. Plus, if you’re heading to Las Vegas for the Tournament we know where you should be enjoying the March Madness watch parties! Hello my friends! And thank you so much for taking the time to watch another edition of This Week in Gambling… especially with so much craziness going on in the world right now. More on that in just a…

47 Million Americans will Bet on March Madness

Americans plan to Bet on March Madness to the tune of $8.5 billion. About 1-in-5 adults will be placing a bet on the NCAA men’s basketball tournament, according to a new survey released today by the American Gaming Association. “During this year’s tournament – the first in post-PASPA America – sports fans are expected to bet 40% more than they did on this year’s Super Bowl,” said Bill Miller, AGA’s president and chief executive officer. “Unlike any other sporting event in the country, March Madness attracts millions who fill out brackets, make casual bets with friends or wager at a…