Everything about 2023 in sports wagering was big: big handles, big operator revenue, and big state tax revenue derived from that big operator revenue.
As the final state sports betting revenue reports from 2023 continue to filter in, there have been multiple benchmarks reached, ranging from weekly (hello, New York!) to monthly to annually to all-time. Some were expected with more states entering the marketplace, but some also felt like wishing on a star looking back to a time when betting became available on a state-by-state basis in 2018.
Without further ado, here’s a look at the three most recent benchmarks for the industry and how we got there.
$300 billion all-time sports wagering handle
Running all-time post-PASPA #SportsBetting numbers (inc. TN handle/taxes; NE revenue/taxes):