aseball’s all-time hits leader, Pete Rose, has a new hustle—legal sports betting. On New Year’s Day, the Cincinnati Reds legend, who was permanently banned from baseball in 1989 for gambling on the game while he was manager of the team,Thirty-four years after Rose was banned from MLB, sports betting is now legal in 36 states and Washington, D.C., up from 32 in 2021. Mobile sports betting is now legal in 26 states, up from 18 in January 2022.
. Sports betting companies generated $5.77 billion off those wagers, up 78% year-over-year, and states and the federal government generated an estimated $1.3 billion.number one in sports betting revenue Casey Clark, a senior vice president at the American Gaming Association , says total gaming revenue—slots, table games and sports wagering— across tribal and commercial casinos for the full year of 2022 will likely be more than $100 billion. The total tally would beat the revenue record of $92 million“Last year was a record-breaking year for the gaming industry,” says Clark.
Law Law Latest News, Law Law Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: abc15 - 🏆 263. / 63 Read more »