Last year, the AGA projected $7.61 billion in Super Bowl betting via both legal and illegal means. The $16 billion number from the AGA is simply an estimate, however. The number is roughly in line with New York’s online sports betting handle for all of 2022 and comes after a tumultuous year for many publicly-traded casino companies with heavy sportsbook exposure. The AGA’s $16 billion estimation is a massive number for the gambling industry. Despite a recent failed attempt to legalize sports betting in California that weighed on gambling stocks last year, increased legalization could still assist the growth in gambling on this year’s Super Bowl. Sports betting is currently legal in 33 states and Washington, D.C., up from 30 states and the nation’s capital last year. The Super Bowl comes as several sportsbooks battle for market share in newly operational states like Massachusetts, Maryland, and Ohio. REUTERS/Eduardo Munoz (Eduardo Munoz / reuters) The impact of legalization People make their bets at the FANDUEL sportsbook during the Super Bowl LIII in East Rutherford, New Jersey, February 3, 2019.

Gambling total amount bet on super bowl