American Gaming Association: Americans to bet $6.8B on Super Bowl

American Gaming Association: Americans to bet $6.8B on Super Bowl
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Americans are expected to wager $6.8 billion collectively on Sunday's Super Bowl, the American Gaming Association (AGA) announced Tuesday morning.

The AGA released a new survey about betting ahead of Super Bowl 54, when the Kansas City Chiefs will play the San Francisco 49ers in Miami.

About 3 million more Americans are expected to bet on this year’s Super Bowl compared to last year’s, and 1 in 10 of those polled plan to bet on it, which AGA says works out to 26 million American adults.

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Among poll respondents, 52 percent plan to place bets on the Chiefs and 48 percent plan to place bets on the 49ers.

On Sunday, Feb. 2, approximately 4 million people are expected to place a bet in person, a 25 percent increase from 2019, and about 5 million will bet through an online platform, either legally or illegally. 

“With 14 operational markets and another seven close behind, Americans have never before had so many opportunities to wager on the Super Bowl in a safe and legal manner, and clearly, they are getting in on the action,” Bill Miller, AGA president and CEO, said in a press release. “With increased visitation to legal sportsbooks, we are successfully drawing bettors away from the predatory illegal market.”

In May 2018, the Supreme Court struck down a 1992 federal law that had banned sports betting in most states. Now, 14 states offer legal gambling on sports.

“I have absolute confidence that Americans didn’t start betting on sports when the Professional and Amateur Sports Protection Act was overturned,” Miller said. “What makes this year’s Super Bowl remarkable is that more fans than ever before will have the reassurance that the integrity of their bets on the big game will be preserved.”

The survey was conducted for AGA by Morning Consult Jan. 21-22 and included 2,200 adults. It has a margin of error of 2 percentage points.