The American Gaming Association has released their estimate on how much Americans will be wagering on the upcoming Super Bowl 50. The Denver Broncos will meet the Carolina Panthers and with top players competing, fans are expected to spend as much as $4.2 billion when wagering. This amount is up more than 8% from last year.
According to the figures, almost 97% of the wagers, around $4.1 billion, will be done so illegally. This is a far cry from the legal $115 million wagered on the New England Patriots and the Seattle Seahawks game in 2015, in a legal setting. The illegal market has been found to be 35 times greater than the legal one.
The CEO and President of the AGA, Geoff Freeman, commented on the recent findings, stating that as Americans celebrate the milestone known as…