00:00 SportsFest with Rick Harrow, it's another $1.3 trillion business in sports.
00:08 We are Sports News Minute recapping numbers according to the American Gaming Association.
00:13 Over 2022 compared to last year.
00:16 Look at the number.
00:17 The huge betting increase.
00:20 Basically $11 billion in revenue.
00:25 Up 44.5% from last year.
00:29 Why?
00:30 Well, Sportsbook win percentage up over 10%.
00:34 Number one.
00:35 Number two.
00:36 More people betting than ever before.
00:38 That's also really important.
00:39 Number three.
00:40 Kentucky, Maine, Massachusetts, Nebraska, Ohio, all were added last year as opposed
00:48 to the year before.
00:49 Maybe not 44% increase every single year from now on, but certainly very significant as
00:56 we continue to increase the betting and the margins.
00:59 SportsFest with Rick Harrow, Sports News Minute.
01:02 (Music)
01:06 [BLANK_AUDIO]
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