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Here Are the Companies Raking In Millions During March Madness


Since the 2018 Supreme Court ruling that paved the way for legalized sports betting in the United States, sportsbooks in the 38 states where wagering is legal have generated over $24 billion in revenue, according to The Motley Fool's research. Plus, states that have legalized sports betting have received $4.33 billion in tax revenue since 2018. Several states that don't currently allow sports gambling have plans to legalize it or have already passed legislation, and the added revenue potential could lead to more revenue to be had.

With that in mind, here are four companies that are making millions from sports betting, all of which could see revenue climb even higher as the trend toward widespread legalization continues.

I won't keep you in suspense. Here are my four top companies that make money from legal sports betting, listed in no particular order.

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Source Fool.com

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