Betting on March Madness is NOW LEGAL for the first time in the Tournament's History
Last May the U.S. Supreme Court overturned the federal law that had confined legal sportsbooks to Nevada. Since then seven more states have begun to allow betting [including PA], and a couple dozen others are considering it.
Nationwide, operators’ revenue could reach $6.5 billion by 2023, according to researcher Eilers & Krejcik Gaming. Bettors in New Jersey, where legalization arrived last June, are already wagering almost $400 million every month.