March Madness Betting Expected to Surpass $3 Billion in 2025
Legal sports betting continues to expand, with growing interest in both men's and women's NCAA tournaments driving record wagering activity.
- The American Gaming Association estimates $3.1 billion will be legally wagered on the 2025 men's and women's NCAA basketball tournaments, a 15% increase from last year.
- Legalized sports betting is now available in 38 states and Washington, D.C., fueling significant growth in wagering activity across the U.S.
- Betting on the women's tournament is rising, with a 35% year-over-year increase in betting handle reported by BetMGM, reflecting growing popularity.
- The men's and women's tournament brackets will be unveiled on March 16, with games beginning on March 18 and March 19, respectively.
- Responsible gambling campaigns are emphasizing the importance of respectful behavior toward players amid increased online harassment linked to betting outcomes.