Record betting on Super Bowl seen by sportsbooks

Super Bowl LVII was a record-breaking event for sportsbooks across the United States. GeoComply reported 100 million sports-betting transactions, with more than 100,000 in and around State Farm Stadium in Glendale, Arizona. FanDuel reported that it accepted 50,000 bets per second and averaged 2 million active users on its platform throughout the game, with 17 million bets in total. Meanwhile, MGM Resorts reported that it set a new company record for Nevada with the highest Super Bowl handle in history. BetMGM took one bet for half a million dollars on the Kansas City Chiefs that paid out $525,000. DraftKings saw a bettor put $1.68 million on the Chiefs and it paid out a whopping $2.68 million. The American Gaming Association projected a record 50.4 million Americans would wager $16 billion on this year's Super Bowl. Already, sportsbooks are accepting wagers for next year's Super Bowl, which will take place in Las Vegas. It is clear that sports betting continues to grow in popularity and the Super Bowl is no exception.