With Widespread Legalization of Sports Betting, the United States Plans to Place Wagers Totaling $1.8 Billion on the Inaugural World Cup

Published on:

Last Updated on November 20, 2022 by Bitfinsider

Since the Supreme Court’s decision in 2018 to overturn the federal ban on sports betting, an increasing number of states have been able to legalize the activity, making this year’s FIFA World Cup the first men’s event to take place after the ruling.

When the most recent World Cup was held four years ago, just 10 million Americans lived in places where it was legal to bet on sports. Today, the number of Americans living in states where it is legal to wager on sports has increased to an estimated 132 million.

According to estimates provided by the American Gaming Association, 20.5 million people in the United States intend to collectively wager a total of $1.8 billion on the international soccer event that will get underway this coming weekend (AGA).

It’s encouraging to see bettors take legality seriously as a consideration. According to the AGA, the vast majority of people who gamble (78%) believe that it is essential to wager in a lawful manner.

Hardware wallets are safe and secure devices that can be used offline. They keep your cryptocurrency offline, making it impossible for you to be hacked. To find out more on the leading hardware wallets, you may view our reviews here: Ledger & Trezor
Disclaimer: The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, legal, tax or other advice. Investing in or trading cryptocurrency or stocks comes with a risk of financial loss.