Montana Sports Betting Reaches Over $3.9 Million in June
In the month of June, Montana wagered over $3.9 million, with the state’s gross gaming revenue (GGR) surpassing the $1 million mark. Meanwhile, players across the state cashed out more than $2.9 million in winnings, highlighting a lively betting scene. Montana sports betting June revenue
Baseball led the charge last month, accounting for more than half of Montana’s total handle with over $2.1 million bet on the sport. Coming in second was basketball, drawing bets exceeding $900,000. Additionally, MMA, soccer, and ice hockey saw increased betting activity, reflecting a diverse interest among sports fans.
Montana’s legal sports betting market officially launched in 2020. Since then, the state has seen over $276 million in total handle, with players winning more than $240 million over the past five years. Since inception, the state has accumulated over $36 million in gross gaming revenue.
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Across the United States, the momentum for sports betting continues to grow. Since the US Supreme Court lifted the federal ban in May 2018, 38 states and the District of Columbia have moved to legalize and regulate sports wagering. Currently, mobile betting is permitted in 30 states, with a total of 38 jurisdictions offering retail sports betting options.
However, not all states see eye to eye on the boundaries between sweepstakes and gambling. Montana, notably, has maintained its stance by banning sweepstakes casinos, emphasizing its distinct regulatory approach. sports betting June revenue
