Sports Betting Revenue By State
- Kingpin
- Jun 30, 2022, 9:50:11 PM
New Jersey leads the country in revenue gnerated from sports betting. The garden state sports books, have raked in $1.9 billion in revenue.
Nevada and Pennyslvania sports books also raked in over $1 billion in sports betting revenue.
Interestly, Nevada bettors lost the least amount of money per $1 wagered. Where as Delaware and Montanta bettors lost the most per $1 wagered.
Handle, in the table below, is the total amount of money wageerd in USD $. Revenue, is esseginially the losses of bettors, or winnings from the sports book. Loss % is simply Revenue divided by the handle.
Updated June 30, 2022
|
State |
Handle |
Revenue |
Loss % |
|
New Jersey |
27,931,770,291 |
1,877,313,887 |
7% |
|
Nevada |
24,722,440,579 |
1,401,664,000 |
6% |
|
Pennyslvania |
14,812,660,057 |
1,110,663,339 |
7% |
|
Illinois |
12,261,927,781 |
879,153,524 |
7% |
|
Indiana |
8,089,140,715 |
630,171,358 |
8% |
|
New York |
7,895,333,592 |
576,338,213 |
7% |
|
Michigan |
6,283,228,048 |
496,679,805 |
8% |
|
Colorado |
7,305,758,609 |
458,089,933 |
6% |
|
Virginia |
4,978,186,649 |
422,419,039 |
8% |
|
Tennesse |
4,666,711,726 |
405,118,575 |
9% |
|
Arizona |
3,489,589,080 |
263,555,616 |
8% |
|
Iowa |
3,906,998,820 |
237,082,525 |
6% |
|
Mississippi |
1,696,196,417 |
189,904,121 |
11% |
|
West Virginia |
1,481,998,192 |
115,662,566 |
8% |
|
Rhode Island |
1,163,771,101 |
99,758,337 |
9% |
|
New Hampshire |
1,395,381,722 |
91,005,154 |
7% |
|
Louisiana |
1,007,680,459 |
84,733,003 |
8% |
|
Connecticut |
982,549,333 |
74,748,393 |
8% |
|
Delaware |
487,347,188 |
72,391,098 |
15% |
|
Oregon |
798,329,459 |
71,597,966 |
9% |
|
Washington DC |
377,569,326 |
47,939,953 |
13% |
|
Maryland |
155,689,688 |
18,343,798 |
12% |
|
Arkansas |
155,662,786 |
17,792,276 |
11% |
|
Montana |
85,139,368 |
11,613,057 |
14% |
|
Wyoming |
96,669,074 |
8,954,653 |
9% |
|
South Dakota |
5,824,230 |
452,437 |
8
% |
