Gambling Association Estimates Americans Will Wager $2.7B on March Madness

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Bettors in the United States are expected to wager more than $2.72 billion on this year's men's and women's national tournaments using legalized sportsbooks, according to the American Gaming Association. 

The AGA shows that the total bet legally through sportsbooks on March Madness is equivalent to 2.2 percent of the total handle legally wagered by Americans in 2023.

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