Will you be joining in?
With millions watching on February 12, the American Gaming Association has calculated that an estimated $4.7 billion (that’s right, with a “b”) will be placed as bets by American’s on Super Bowl LI. A vast majority of the $4.7 billion though will be placed illegally, as Nevada is the only US state that legally allows sports gambling. The new reported findings correlate to an 11% increase over last year’s Super Bowl numbers.
According to Forbes:
“The AGA represents the $240 billion USD U.S. casino industry and has been a vocal advocate for a change of federal law, which currently precludes states (other than Nevada) from allowing individuals to wager on the outcomes of individual games. It has cited to a September 2016 report, which concluded that legalized and regulated sports betting is a necessary condition to preserve and protect the integrity of sports, not a detriment to the integrity of sports.
Yet, National Football League Commissioner Roger Goodell has remained steady in his position that the league enforce the current federal law that largely prohibits sports betting throughout the U.S., which was originally implemented to protect the integrity professional and amateur sports. Even though the Oakland Raiders appear destined to move to Las Vegas, Goodell has not wavered on his belief that the federal law should remain in place.”
Super Bowl LI is looking to be one of the most watched Super Bowls yet. The New England Patriots will face off against the Atlanta Falcons next Sunday on February 12.