The stakes will be higher for March Madness this year in some states.
through online sports betting, compared to just $15 million through in-person sports bets at casinos.
Arkansas, a much smaller state without major league sports teams, began in-person sports betting at casinos in July 2019. Things really took off last year when it launched mobile sports betting. State figures show nearly $3 million was wagered on this year's Super Bowl — more than three times the annual amount before mobile betting was allowed.
“We will be surprised if March doesn’t set a new monthly record for sports betting in the state,” said Scott Hardin, spokesperson for the Arkansas Department of Finance and Administration.Indiana's sports wagering taxes topped $31 million in the 2022 fiscal year — well more than Connecticut received less than $20 million in sports betting taxes in the first 16 months since wagering began in October 2021. Legislative analysts had projected $21 million in its first full fiscal year.
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