Analysts predict 90% of US sports betting will be done online within decade

A report in the Associated Press (AP) that has come out of the East Coast Gaming Congress in Atlantic Citythis week predicts that as much as 90% of sports betting in the USA will be done online within the next 10 years.

Online gaming is already very popular throughout Europe, with many brick and mortar shops closing down as a result over the past decade or so. Currently, sports betting is not widely available in the USA.

Just over one year ago, New Jersey made it legal to bet on sports and since then, the state has seen more than $3 billion wagered, of which about 80% was made online.

It was June 2018 when the first sportsbooks opened in the Northeastern state, though it was not until August that they launched on mobiles.

FanDuel and DraftKings control 83% of the sports betting market in New Jersey.

Legal sportsbooks in the USA handled $9 billion worth of wagers in the year 2018. It is expected that USA will one day handle more online sports bets than any other country.

Oregon and Washington, DC are two more states hoping to have online wagering before the start of the 2019 NFL season in September.