It’s that most wonderful time of the year again! The Super Bowl is here! This year, legal sports bets are expected to double on the big game, and that should translate to around a billion dollars wagered on February 13th! PlayUSA released their projections last week, which estimated that the $500 million in action wagered on last year’s game will roughly double this year. And why not? The opportunity for Americans to place legal sports bets has grown. And just adding New York mobile sports betting could get the numbers close to a billion! There are a total of 30…

The four major U.S. professional sports leagues could reap a combined $4.2 billion annually as a result of legal sports bets, most of it indirectly from increased fan engagement, according to a casino industry survey released on Thursday. The findings could fuel a long-simmering feud between the gaming industry and American sports leagues, who want a share of the gambling revenue as U.S. states begin to legalize sports betting. The survey showed leagues stand to benefit even without taking a cut of wagers. The National Football League is likely to make the most, with a projected $2.33 billion of additional…