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Sports betting is legal in 38 states now, but these residents wager the most

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In the following six years, sports betting quickly became one of the most popular forms of gambling. Now 38 states and Washington, DC allow for online or in-person betting.

 

 

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Legal sports betting states: How much is wagered, earned in taxes

 

 

 

Sports betting may look like putting a wager on a basketball game or betting money on a horse race. It’s the fastest-growing source of state tax revenueSince 2018, New Jersey reported the largest total pool of money wagered on sports bets – $51.6 billion in total. New Jersey outpaced Nevada (home to Las Vegas, a city notoriously linked with gambling) in total wagers back in 2021.

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