By 2030, the industry is expected to produce $30 billion in revenues off an estimated $400 billion in total wagers, according to Macquarie Research. Americans bet $24 billion with legal sportsbooks in the first half of 2021, according to data from the American Gaming Association, which translates into roughly $2 billion in gross gaming revenue. have launched legal markets and the industry is on fire and flush with cash. Supreme Court struck down a ban on sports betting in 2018, 32 states and Washington, D.C.

Let’s say that our partners with the leagues are interested in sports betting, so we’re interested in sports betting.” “Let’s just say that our fans are really interested in sports betting.

“There’s a long way between imbedding into ESPN as a business model and licensing out.” Chapek said. In September during an investor conference, Chapek was asked if ESPN would move beyond licensing and host wagers directly. A big question is how exactly Disney, through ESPN, will get in on the gambling action.