{"id":240,"date":"2019-06-29T00:00:00","date_gmt":"2019-06-29T00:00:00","guid":{"rendered":"https:\/\/gbc.ng\/sports-bets-in-the-united-states-hit-9-bn\/"},"modified":"2019-06-29T00:00:00","modified_gmt":"2019-06-29T00:00:00","slug":"sports-bets-in-the-united-states-hit-9-bn","status":"publish","type":"post","link":"https:\/\/gbc.ng\/index.php\/sports-bets-in-the-united-states-hit-9-bn\/","title":{"rendered":"SPORTS BETS IN THE UNITED STATES HIT $9 BN"},"content":{"rendered":"<p><strong><em>At least US$9 billion has been bet on sports in the US since the Supreme Court lifted the federal ban last year.<\/em><\/strong><\/p>\n<p>US.- On May 2018 the US Supreme Court decided to lift the federal ban on sports betting, giving states the option to decide whether they want to regulate the segment or not. A year after that ruling, it is estimated that more than US$9 billion has been bet legally on sports in the US.<\/p>\n<p>As some states have already reported their financial results from May, the number of bets rises to US$8.9 billion for Nevada, Delaware, Rhode Island, Pennsylvania, West Virginia and Mississippi. New Mexico is another state that offers sports betting but it doesn\u2019t report its statistics to the public.<\/p>\n<p>The New Jersey Division of Gaming Enforcement (DGE) revealed on Wednesday that US$319 million was bet on sports last month. Ever since the state legalised the industry in June 2018, the local casinos and racetracks have taken in US$2.9 billion, AP reports<\/p>\n<p>\u201cOverall the first year in New Jersey has been spectacular, but to be honest, I couldn\u2019t give you enough positive adjectives to serve justice to the question,\u201d said Johnny Avello, head of digital sportsbooks for\u00a0<em><strong>DraftKings<\/strong><\/em>. \u201cThe future is mind-blowing, and with eight states active and an additional seven authorised to offer sports wagering in 2019, DraftKings is positioned to capitalise on these and subsequent markets.\u201d<\/p>\n<p>\u201cNew Jersey has shown how sports betting can benefit the state by setting up a competitive marketplace with retail and online operators working to better serve their customers and other states should be taking their lead from New Jersey,\u201d said CEO Matt King. \u201cFrom a company standpoint, we went through a merger, opened a retail destination and started online all within months of PASPA\u2019s repeal and a year later, we are the market leader. It has been a proud moment for all of us.\u201d<\/p>\n<p class=\"author__bio\" itemprop=\"description\">\n<p class=\"comment-form-comment\"><label class=\"show-on-ie8\" for=\"comment\">Comment<\/label><br \/>\n<textarea aria-required=\"true\" cols=\"45\" id=\"comment\" name=\"comment\" placeholder=\"Message\" rows=\"8\"><\/textarea><\/p>\n<p class=\"comment-form-author\"><label class=\"show-on-ie8\" for=\"author\">Name<\/label><input aria-required=\"true\" id=\"author\" name=\"author\" placeholder=\"Name...\" size=\"30\" type=\"text\" value=\"\"\/><\/p>\n<p class=\"comment-form-email\"><label class=\"show-on-ie8\" for=\"name\">Email<\/label><input aria-required=\"true\" id=\"email\" name=\"email\" placeholder=\"Email...\" size=\"30\" type=\"text\" value=\"\"\/><\/p>\n<p class=\"comment-form-url\"><label class=\"show-on-ie8\" for=\"url\">Url<\/label><input id=\"url\" name=\"url\" placeholder=\"Website...\" size=\"30\" type=\"text\" value=\"\"\/><\/p>\n<p class=\"comment-form-cookies-consent\"><input id=\"wp-comment-cookies-consent\" name=\"wp-comment-cookies-consent\" type=\"checkbox\" value=\"yes\"\/><label for=\"wp-comment-cookies-consent\">Save my name, email, and website in this browser for the next time I comment.<\/label><\/p>\n<p class=\"form-submit\"><input class=\"submit\" id=\"comment-submit\" name=\"submit\" type=\"submit\" value=\"Send\"\/> <input id=\"comment_post_ID\" name=\"comment_post_ID\" type=\"hidden\" value=\"4660\"\/> <input id=\"comment_parent\" name=\"comment_parent\" type=\"hidden\" value=\"0\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>At least US$9 billion has been bet on sports in the US since the Supreme Court lifted the federal ban last year. US.- On May 2018 the US Supreme Court decided to lift the federal ban on sports betting, giving&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,3],"tags":[],"class_list":["post-240","post","type-post","status-publish","format-standard","hentry","category-america","category-sports"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SPORTS BETS IN THE UNITED STATES HIT $9 BN - GBC<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gbc.ng\/index.php\/sports-bets-in-the-united-states-hit-9-bn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SPORTS BETS IN THE UNITED STATES HIT $9 BN - GBC\" \/>\n<meta property=\"og:description\" content=\"At least US$9 billion has been bet on sports in the US since the Supreme Court lifted the federal ban last year. 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