AGA Survey Says Americans Love Betting on NCAA March Madness
AGA Says Only Some Bets Will Be Legal
Although Americans will be swept up in the hype surrounding March Madness, they won’t always place bets using legal betting sites. Even though the US Supreme Court made the legalization of sports betting a state matter in May 2018, and seven states have legalized the activity, Americans still prefer using illegal sportsbooks.
It is suggested that about 5.2 million Americans will use offshore sites when betting online and that many of these bettors won’t know that what they are doing isn’t always legal. AGA president and CEO, Bill Miller, states that it is for this reason that the AGA is striving to increase online sports betting legalization in more states.
“These results indicate there’s still work to do to eradicate the vast illegal sports betting market in this country, and we’re committed to ensuring sound policies are in place to protect consumers, like the 47 million Americans who will bet on March Madness,” Miller said.
With sports betting growing across the nation, it seems like it’s only a matter of time before more states legalize the activity. This is especially true with over 149 million entries being made in bracket contests all over the web.
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