Overview

• The American Gaming Association estimates legal NFL handle will reach $30 billion this season, up 8.5% from $27.6 billion in 2024.
• The figure includes wagers on preseason games and futures bets placed as early as March.
• Legal sports betting operates in 39 states plus Washington, D.C., and Puerto Rico, with Missouri expected to join later this year.
• FanDuel and DraftKings remain the largest operators as BetMGM and Caesars grow, and new offerings such as Robinhood’s partnership with Kalshi target football prediction markets.
• Regulatory pressure is intensifying as Los Angeles sues Stake.us and related firms and a coalition of 50 state attorneys general urges the Justice Department to act against offshore sites, with GeoComply linking enforcement to stronger player growth.