“US Betting Handle Soars Past $400 Billion Since End of Federal Ban: VegasSlotsOnline”

Since the end of the federal ban on sports betting in the United States, the industry has been booming. According to a recent report, the total betting handle in the US has surpassed a staggering $400 billion, marking a significant milestone for the rapidly growing market.

The legalization of sports betting in several states across the country has led to a surge in popularity and revenue for the industry. With more and more states embracing this form of gambling, experts predict that the betting handle will continue to climb in the coming years.

One of the main reasons for the increase in betting handle is the convenience and accessibility of online sports betting platforms. Bettors can now place their wagers from the comfort of their own homes or on the go, using their smartphones or other electronic devices.

The rise in the betting handle also means more revenue for states that have legalized sports betting, as they are able to collect taxes on the profits generated by sportsbooks. This additional revenue can be used to fund various programs and initiatives within the state.

Overall, the $400 billion betting handle milestone is a clear indicator of the growing popularity and acceptance of sports betting in the US. As more states continue to legalize this form of gambling, the industry is expected to see even more growth and success in the future.