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Sports Betting Picking Up Steam

March 14th, 2024 by WCBC Radio

While casino gambling revenues in the state seem to be slacking off, the sports wagering market continues to grow at a fast pace.  For February, players wagered $442.5 million dollars, an increase of 30.4% over 2023’s wagers. Contributions to the state in tax dollars increased 50% over 2023, with $4.2 million going into the state’s coffers. There are 13 retail and 12 mobile sportsbooks in the state that paid out $399 million dollars in winnings in February.