It's up 27.5% from the previous year.

Answer: $119.84 billion dollars

--------

Questions:

• What might be some reasons why sports betting has become so popular in recent years?
• How do you think the widespread availability of online betting platforms has influenced the total amount wagered on sports?
• In what ways could sports betting impact an individual’s personal finances, both positively and negatively?

Here are the ready-to-go slides for this Question of the Day that you can use in your classroom.

Behind the numbers (American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker):

Sports betting achieved new records for handle ($119.8B) and sportsbook revenue ($10.9B), up 27.8 and 44.5 percent respectively. This growth was largely fueled by continued maturation across most existing markets as well as several new markets, particularly in Massachusetts and Ohio.

-----------

Check out the Gambling and Sports Betting mini-unit to take a deeper dive!

About the Author

Dave Martin

Dave joins NGPF with 15 years of teaching experience in math and computer science. After joining the New York City Teaching Fellows program and earning a Master's degree in Education from Pace University, his teaching career has taken him to New York, New Jersey and a summer in the north of Ghana. Dave firmly believes that financial literacy is vital to creating well-rounded students that are prepared for a complex and highly competitive world. During what free time two young daughters will allow, Dave enjoys video games, Dungeons & Dragons, cooking, gardening, and taking naps.