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Much of the recent, rapid expansion stems from the realization that these legal operations can produce - and are producing - reliable tax revenue for these states with modernized industries. Here's how we define the terms we use throughout this page and across the rest of our reporting: : Percentage of handle won (or lost) by operators Taxes: Combined state & local taxes plus other non-tax payments US Sports Betting Revenue – Lifetime Totals 199892423806 Dollars of sports wagers 7% $12,245,073 October 2018 $854,014,077 $45,832,391 5. 3% $10,746,670 April 2019 $731,628,959 $52,524,099 7. 1% $49,792,686 July 2021 $2,799,391,495 $268,126,230 9.

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