US sports betting handle totals $25bn in September

US sports betting handle totals $25bn in September

There are now legal sports betting markets in 17 US states and Washington DC.

US.- Despite the backdrop of the ongoing pandemic, September broke records for US sports betting, with the nationwide handle exceeding $25bn.

Just over two years after the US Supreme Court overturned the Professional and Amateur Sports Protection Act (PASPA), sports betting is now live in 17 US states and Washington D.C.

The new monthly record comes despite the impact of the pandemic, particularly in states that require in-person registration or betting.

Nevada continues to generate the highest sports betting handle, bringing in $546.2 in September.

Meanwhile, Indiana saw bets totalled $207.5m last month, beating its pre-pandemic high of $187m.

Another state to beat previous records was Iowa, which generated a handle of $72m in September, up 44 per cent from August and surpassing its previous record of $59.3m set last November. 

The surge in stakes is encouraging for other states due to legalise sports betting within their own territories. Tennessee is due to go live on November 1.