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Sports Betting: States that have wagered the most

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In 2018 the Supreme Court removed the federal ban on sports betting, allowing states to legalize it if they choose. Since then, many states have legalized sports betting, and in the last four years there has been significant growth. States report the amount of handle (total dollars wagered) and gross gaming revenue (total dollars won by a sportsbook) monthly. Research by Sportsbook Review analyzed this data and calculated the states that have spent the most in total as well as breaking down the totals of 2021 and 2022.

Americans went from wagering $44 billion in 2021 to a whopping $74 billion in 2022 – an increase of 70%!

 

1 – New Jersey

Legal online sportsbooks began taking bets in August 2018, two months after the law was signed by Gov. Phil Murphy. Since then New Jersey has seen a huge increase in wagers Reaching the $31 billion mark in just four years since legalization. So far in 2022 New Jerseyans have wagered more than $8 billion, the second-highest total in the country.

Wagered: $ 31,570,491,826

 

2 – Nevada

Nevada has had legal sports betting for decades and was the only state with legal sportsbooks until 2018. Nevada is one of the top destinations for sports betting and since 2018 has seen $27 billion be wagered. With over $7.5 billion of that wagered this year.

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Wagered: $ 27,723,080,786

 

3 – Pennsylvania

Online sports betting has been legal in Pennsylvania since 2019 and since then over $17 billion has been wagered by Americans in the state. Pennsylvania bettors have wagered $5.7 billion for the year as of October 2022, with the total expected to cross $6 billion by the end of the year.

Wagered: $ 17,348,076,597

 

4 – Illinois

Illinois has seven live sportsbooks available, giving residents plenty of options to bet from anywhere. Illinoisans have racked up $7 billion in bets so far in 2022, up from $5 billion a year earlier.

Wagered: $ 16,597,597,363

 

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5 – New York

It hasn’t taken long for New Yorkers to show their love of sports betting. With nine sportsbooks kicking off online betting in 2022, NY has seen its handle grow from $176 million in 2021 to a nation-leading $14 billion in 2022 – an increase of 8,000%!

Wagered: $ 15,019,150,749

 

6 – Indiana

Indiana saw a healthy increase from $3 billion in 2021 to $4 billion in 2022, with further growth expected into 2023 and beyond.

Wagered: $ 10,071,140,268

 

7 – Colorado

Betting in Colorado has only been live since 2020, but within two years has seen massive growth, with over $9 billion being wagered in total.

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Wagered: $ 9,144,348,841

 

8 – Michigan

Michigan only launched sports betting in 2021, but has seen swift and exponential growth with seven online sports books and $7.9 billion in wagers over that span!

Wagered: $ 7,917,820,319

 

9 – Virginia

Virginia also launched sports betting in 2021 – and similar to Michigan has seen massive growth in short order, going from $2.3 billion in 2021, to $3.8 billion in 2022.

Wagered: $ 7,114,851,026

 

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10 – Tennessee

Tennessee went live in 2020 and has 13 different apps available for betting! This has played a major role in Tennessee generating $2.9 billion in wagers in 2022 alone!

Wagered: $ 6,013,390,107

 

A spokesperson from Sportsbook Review commented: “Sports betting has seen a huge increase since some states have legalised it within the last four years, with wagers increasing by 70% from 2021 to 2022. In the first year after the Supreme Court ruling, legal US sportsbooks took in $9 billion, in 2022 so far over $74 billion has been wagered, that’s a 744% increase in four years.

 

“It’s clear that as sports betting becomes more accessible across America the money wagered could increase exponentially as well. This is good for governments as they can tax it and utilise Americans’ love of betting to build and improve the nation at local and national levels. It’s important however to be aware of the risks of gambling and never gamble if you can’t afford to lose the money.”

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BETBY STRENGTHENS LATAM PRESENCE THROUGH STRATEGIC PARTNERSHIP WITH CALÍMACO

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BETBY STRENGTHENS LATAM PRESENCE THROUGH STRATEGIC PARTNERSHIP WITH CALÍMACO

 

BETBY, an industry-leading sports betting provider, has announced a long-term partnership with Calímaco, a premium B2B sportsbook supplier with a strong foothold across Latin America. This collaboration aligns with BETBY’s expansion strategy in the LATAM market, reinforcing its commitment to delivering state-of-the-art sportsbook solutions in the region.

As part of the agreement, Calímaco will integrate BETBY’s award-winning sportsbook solution, including its proprietary esports feed BETBY Games, and comprehensive trading and risk management services. Additionally, by leveraging BETBY’s AI-driven technology, AI Labs, Calímaco’s partners will gain access to an unparalleled betting experience tailored to the needs of the LATAM market.

Known for its scalable and robust casino and lottery platform, Calímaco will significantly enhance its offering with an additional 300,000+ events, 8,000+ markets, 125+ sports, and 35+ esports provided by BETBY, cementing its position as a go-to supplier in the region’s competitive iGaming landscape.

Stefanos Karakidis, Head of Business Development at BETBY, commented: “We are excited to partner with Calímaco, a company that shares our vision for technological excellence and operator-focused innovation. Integrating our complete sportsbook solution into Calímaco’s platform will enable brands across LATAM to elevate their sports betting offerings and provide their users with an exceptional experience.”

Alejandro Serrano, Head of Business Development at Calímaco, added: “BETBY’s sportsbook technology is renowned for its flexibility, scalability, reliability, and comprehensive coverage. Incorporating their award-winning solution into our platform will empower our partners with world-class sports betting capabilities, further strengthening our presence in the Latin American market.”

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GLI® Names Sangeeta Reddy as Vice President, Innovation

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GLI® Names Sangeeta Reddy as Vice President, Innovation

 

To ensure the company keeps its global clients well ahead of the technology curve, Gaming Laboratories International (GLI®) has named Sangeeta Reddy as Vice President, Innovation. Previously, she served as Vice President of Engineering. Reddy will lead the company’s newly formed Innovation division.

“Technology is advancing at a breathtaking rate. Our mission at GLI is to advance with technology, while also constantly finding ways to do more to keep our clients informed and ahead of what’s next. In her new role, Sangeeta will continue to evolve our evaluation methodologies via her passion for R&D, her extensive experience both in and out of the gaming, and her strong academic background,” said President and CEO James R. Maida.

Reddy began her gaming industry career in 2001 as a PA Engineer at IGT, specializing in VLT, Slot games. She joined GLI in 2020. Prior to joining GLI, Reddy successfully managed Software QA and Development teams at Thomson Reuters and General Motors.

She holds a certificate from the Harvard Business Publishing’s Emerging Leaders program and a certificate in Associates Computer Information Systems. Her Postgraduate certification includes Chief Technology Officer Program, Business Analytics: From Data to Insights, and Driving Strategic Innovation: Leading Complex Initiatives for Impact from the Wharton School Aresty Institute of Executive Education and certifications in Cloud Computing, Artificial Intelligence and Machine Learning: Business Applications, Artificial Intelligence, and Data Science and Business Analytics from the Texas McCombs School of Business, Postgraduate Program.

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Rubens Barrichello to Open SiGMA Americas 2025 with a Keynote Speech

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Rubens Barrichello to Open SiGMA Americas 2025 with a Keynote Speech

 

Legendary motorsport racer and SOFTSWISS’ Non-Executive Director in Latin America Rubens Barrichello is taking the stage at SiGMA Americas 2025 with an inspiring keynote speech on 8 April, the opening day of the summit.

This will be Barrichello’s first major public engagement as an official SOFTSWISS representative at SiGMA Americas. In his speech, he will spotlight his vision of racing and iGaming – two worlds defined by speed, precision and passion. Attendees can expect a unique view of how these seemingly distant industries are more connected than it may seem.

In his keynote, Barrichello will share insights that bridge his personal racing journey with the opportunities presented by SOFTSWISS. The speech will also cover the cultural and human elements of doing business in Latin America, and the importance of timing, connections, and adaptability to achieve long-term success in this booming market.

“Latin America is a unique region filled with pure energy, emotion, and drive,” said Rubens Barrichello, Non-Executive Director in Latin America at SOFTSWISS. “The iGaming industry here is moving so fast, that for me it’s like stepping into a new race. But instead of cars, it’s technology, competition, and innovation pushing the progress forward, just like in Formula 1. I can’t wait to speak at the SiGMA Americas Summit and share what it takes to grow business on this continent.”

Barrichello’s active public engagement highlights SOFTSWISS’ strategic expansion into Latin America, one of the fastest-growing iGaming markets in the world. The company has already established itself in the region through certification in Brazil and Peru for its Game Aggregator and Jackpot Aggregator. In addition, SOFTSWISS recently partnered with rising talent Eduardo Barrichello for the 2025 FIA World Endurance Championship.

Rubens Barrichello will also join the SOFTSWISS team at Stand M85, where attendees can book meetings and explore how SOFTSWISS helps partners drive success across Latin America.

 

About SOFTSWISS

SOFTSWISS is an international technology company with over 15 years of experience developing innovative solutions for the iGaming industry. SOFTSWISS holds a number of gaming licences and provides comprehensive software for managing iGaming projects. The company’s product portfolio includes the Online Casino Platform, the Game Aggregator with over 27,800 casino games, the Affilka Affiliate Platform, the Sportsbook software and the Jackpot Aggregator. In 2013, SOFTSWISS revolutionised the industry by introducing the world’s first Bitcoin-optimised online casino solution. The expert team counts over 2,000 employees.

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