US Gamblers to Wager $3.3 Billion on March Madness Tournaments
The Utah Utes play against the Cincinnati Bearcats during the Men's 2026 Big 12 Tournament at T-Mobile Center in Kansas City, Missouri on March 10.
Photographer: Jamie Squire/Getty ImagesAmericans will legally wager $3.3 billion on the NCAA men’s and women’s basketball tournaments this year, the American Gaming Association said.
Betting on the tournament is expected to show an increase of 54% over the past three years, the trade group for casinos and sportsbooks said Friday, reflecting the growing number of states that have legalized such wagers.