Betting’s Triple Play

Certain to be the most bet-on event in the brief annals of legalized U.S. sports betting, Super Bowl LVI this week comes on the heels of a wildly expansive year that exceeded even the most bullish projections, with upward of $60 billion wagered legally.

That nearly tripled the $21 billion wagered in 2020.

Openings in new states contributed to the growth, with Arizona, Connecticut, Michigan, Montana, Virginia and Wyoming all opening to online wagering during the year. But there also was continued, and often accelerated, advancement in states now entering their third and fourth years.

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