NCAA basketball and court

Via USAG – Humphreys

Americans are expected to bet around $15.5 billion on the NCAA men's basketball tournament this year, according to the American Gaming Association, or AGA. That's more than the estimates in 2022 and 2019 combined. 

The increase in wagers is attributed in part to the resurgence of bracket contests, according to the AGA. It's also due to the increased number of states that are legalizing sports betting and the expansion of legal online betting.

Three states -- Kansas, Massachusetts and Ohio-- have launched sports betting markets since last year's tournament, and Maryland started mobile sports betting, the AGA notes.

Sports betting is currently illegal in Missouri. Several bills aiming to legalize the market have made it out of committee during this legislative session, but there has yet to be any debate in either chamber.

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.