The Pennsylvania Gaming Control Board reported preliminary gross sports betting revenue of $11.1 million on wagers related to Super Bowl LVIII. Operators took $71.6 million in bets, down 15.1% from the previous year, and recorded a 15.5% hold.
The results quantify Pennsylvania sportsbooks’ revenue and wagering activity for Super Bowl LVIII.
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Kalshi and other prediction-market platforms are offering contracts on Super Bowl outcomes to California users, according to the report. It says trading on Super Bowl-related contracts reached hundreds of millions of dollars, while California officials and tribal gaming interests object to the platforms operating outside state gambling oversight.
The American Gaming Association forecast that legal US sports betting would generate $1.76bn in wagers on the Super Bowl scheduled for 8 February. The estimate, announced on 30 January, is almost 27% higher than the previous year’s figure. The AGA also cited survey findings on prediction-market users’ awareness of dispute options and access to responsible gambling tools.
Maryland Lottery and Gaming urged Maryland residents on 30 January to use licensed operators for Super Bowl and other sports wagers. The agency said the state has 12 licensed online sportsbooks and 14 registered online fantasy competition operators; it reported that the legal sports wagering programme has generated nearly $256 million in state funding since December 2021.
CME Group filed to self-certify multi-leg Super Bowl event contracts with the US Commodity Futures Trading Commission, which oversees prediction markets, according to the filing described in the report. The contracts could become available on DraftKings and FanDuel platforms, with availability dependent on the filing process and the intended offering date.
Nevada’s 186 sportsbooks reported a $22.1 million profit on Super Bowl LIX, with a 14.6% hold, the highest since 2014. DraftKings recorded a daily wagering record of $436 million, while FanDuel reported more than 16.6 million bets and DraftKings more than 12 million, according to the report.