YOUR BUSINESS AUTHORITY

Springfield, MO

Association: March Madness betting to top $10B

Posted online

The American Gaming Association estimates betting on March Madness games will exceed $10 billion.

Of that, 97 percent would be illegals bets. Only $300 million would be through legal sportsbooks in Nevada, according to the association.

Last year, some 24 million people participated in NCAA pools, filling out 60 million entries and posting $2.6 billion in entry fees, according to a survey by the Mellman Group.

Read more from Fox Business.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick

Day in the Life with Beth Domann

SBJ shadows the Springfield Little Theatre leader.

Most Read
SBJ.net Poll
How do you feel about restaurants eliminating plastic straws?

View results