--- title: How to Capitalize on the Fast-Growing Sports Gambling Industry | Trends by The Hustle description: 20 states have legalized and regulated sportsbooks after a landmark Supreme Court ruling in 2018, enabling 7 to revolutionize the sports gambling industry. image: https://www.nlopchantamang.com/hubfs/Imported_Blog_Media/GettyImages-56294676-May-17-2021-06-04-05-34-PM.jpg --- [Back to Blog ](https://www.nlopchantamang.com/trends) [ how to ](https://www.nlopchantamang.com/trends/tag/how-to) [ Membership Required ](https://www.nlopchantamang.com/trends/tag/membership-required) [ Articles ](https://www.nlopchantamang.com/trends/tag/articles) [ Analysis ](https://www.nlopchantamang.com/trends/tag/analysis) [ industry deep dive ](https://www.nlopchantamang.com/trends/tag/industry-deep-dive) [ sports and fitness ](https://www.nlopchantamang.com/trends/tag/sports-and-fitness) [ Media ](https://www.nlopchantamang.com/trends/tag/media) [ Entertainment ](https://www.nlopchantamang.com/trends/tag/entertainment) # How to Capitalize on the Fast-Growing Sports Gambling Industry [ by test ](https://www.nlopchantamang.com/trends/author/test) [Share this blog post on Twitter ](https://twitter.com/intent/tweet?text=I+found+this+interesting+blog+post&url=https://www.nlopchantamang.com/trends/articles/how-to-capitalize-on-the-fast-growing-sports-gambling-industry) [Share this blog post on Facebook ](http://www.facebook.com/share.php?u=https://www.nlopchantamang.com/trends/articles/how-to-capitalize-on-the-fast-growing-sports-gambling-industry) [Share this blog post on LinkedIn ](http://www.linkedin.com/shareArticle?mini=true&url=https://www.nlopchantamang.com/trends/articles/how-to-capitalize-on-the-fast-growing-sports-gambling-industry) Remember when Nevada was the only state where you could place a legal, regulated bet on a sporting event? Neither do I, and that was just two years ago.  As 2020 begins, according to Legal Sports Reports, 20 states have legalized and regulated sportsbooks after a landmark Supreme Court ruling in 2018. Seven of those states allow online sports gambling. [About 20 other states](https://www.legalsportsreport.com/sportsbetting-bill-tracker/) have or had pending legislation regarding sports gambling, signaling the potential for it to become legal in the majority of the country.    Even with just the 20 states, the US sports betting market is expected to be worth about $1.5B next year and ~$2.75B by 2023, according to a study by GamblingCompliance. The future market could be vast. By 2030, H2 Gambling Capital [estimates ](https://www.reviewjournal.com/sports/betting/local-entrepreneurs-trying-to-score-in-sports-betting-industry-1566491/)it to be worth $81B. According to the American Gaming Association, some $150B is wagered illegally on sports — through bookies, offshore sites, etc. — by Americans every year. That number, $150B, nearly matches[ the current market size ](https://www.globenewswire.com/news-release/2018/12/24/1678117/0/en/Global-Sports-Betting-Market-Will-Reach-USD-155-49-Billion-By-2024-Zion-Market-Research.html)of the regulated global sports gambling industry, which is centered mainly in Europe, Asia, and Australia.     ![](https://www.nlopchantamang.com/hubfs/Imported_Blog_Media/IHLmAKzSDul57UBMknRTFU8maSJNAGkvjV8k04orYrXXBgT_Y4zDdnjyZXttNkBpdoWAdJIV3ATYIyRxblSF0LOmEwcOnPH6XGqYm8cnPUcV1WivAhrFSY6F15nhPGk00tUv495I-May-17-2021-06-04-04-61-PM.png) ### Comments ## Related Posts [Read more ](https://www.nlopchantamang.com/trends/articles/how-the-athletic-grew-a-niche-audience-to-nearly-1m-subscribers-in-4-years) [Membership Required](https://www.nlopchantamang.com/trends/tag/membership-required) [Articles](https://www.nlopchantamang.com/trends/tag/articles) [health and wellness](https://www.nlopchantamang.com/trends/tag/health-and-wellness) [Analysis](https://www.nlopchantamang.com/trends/tag/analysis) [profile](https://www.nlopchantamang.com/trends/tag/profile) [sports and fitness](https://www.nlopchantamang.com/trends/tag/sports-and-fitness) [Media](https://www.nlopchantamang.com/trends/tag/media) [Entertainment](https://www.nlopchantamang.com/trends/tag/entertainment) ## [How The Athletic Grew a Niche Audience to ~1m Subscribers in 4 Years](https://www.nlopchantamang.com/trends/articles/how-the-athletic-grew-a-niche-audience-to-nearly-1m-subscribers-in-4-years) In 4 years, the sports news website [The Athletic ](https://theathletic.com/)has become a guide for modern and legacy media entities, as well... [ test ](https://www.nlopchantamang.com/trends/author/test) Jan 21, 2020 2:23:00 PM [Read more ](https://www.nlopchantamang.com/trends/articles/widen-the-moat-with-community) [Business](https://www.nlopchantamang.com/trends/tag/business) [Articles](https://www.nlopchantamang.com/trends/tag/articles) [Retail](https://www.nlopchantamang.com/trends/tag/retail) [Technology](https://www.nlopchantamang.com/trends/tag/technology) ## [Widen the Moat: How and Why to Build a Strong Brand Community](https://www.nlopchantamang.com/trends/articles/widen-the-moat-with-community) Think about the biggest sports fan you know. Has that person ever bought a different brand of dish soap because it... [ Aja Frost @ajavuu ](https://www.nlopchantamang.com/trends/author/aja-frost-ajavuu) Jul 6, 2020 1:23:47 PM