California and Ohio missing out on 400m in Super Bowl LVI bets

According to SportsHandle research, live wagering on the Super Bowl within California and Ohio could have potentially reached as high as $400m this year

According to SportsHandle research, live wagering on the Super Bowl within Calif. and Ohio River could make potentially reached as in high spirits as $400m this year.

It is believed that if bettors had the chance to de jure wager on this year’s Super Bowl, featuring the Los Angeles Rams and Cincinnati Bengals on 13 February, palm could have got been $300m inwards California.

This would potentially have got seen receipts gaming revenue of upward to $21m, as good as $2.1m in assess revenue from a bingle event. Looking at Ohio, handle could make reached $100m, with receipts gaming revenue of upwardly to $7m and tax revenue of upwards to $700,000.

All conclusions and analytic thinking were taken with the supposal that operators inward both states were offering a unrecorded and legal, digital wagering service with remote enrolment for at to the lowest degree single full NFL season before of the Super Bowl.

This also fictive thither would be a minimum of 10 live digital platforms, the games would be competitive into the 4th quarter and that no more major expert mishaps would occur.

December saw Buckeye State Governor Mike DeWine legalise sports betting through and through the signing of HB 29 into law. At present, land regulators are devising rules for this practice, with the practice of law calling on betting to go unrecorded no more later than 1 January 2023.

While in California, a tribal retail-only sports betting initiative has been granted through the November 2022 ballot. There stands a opening of other groups forming further proposals that would set aside for peregrine wagering at a 10% tax rate.