Since several states in America are in the process of legalizing online sports betting in online casino games new records are broken every time. Especially since New York legalized sports betting, it is full of bets on events such as the Super Bowl and March Madness. This is how New York reached the 2 e highest month in American history when it comes to sports betting.
In New York, $ 1.5 billion was spent on sports in February. Which amounts to a small $55 million dollars a day. This was down 12% from January, which was the best-performing month in U.S. history. Thanks to the $ 1.5 billion in bets in February, the state of New York was able to credit over $ 42 million in taxes, while the online casinos managed to make over $ 40 million in profits.
The Super Bowl was one of the reasons why the month of February scored so well, however, that is a match that month takes place once a year. In March, however, another new event is on the program. The March Madness , the NCAA basketball tournament where 64 basketball teams compete against each other. Which gives a huge amount of opportunities for bookies to acquire new customers. “With the NCAA tournament ahead, sportsbooks have another big event to use as a way to spark interest from New punters,” noted Eric Ramsey , an analyst for the PlayUSA.