The month of March was quite friendly to Las Vegas.
According to ESPN, more money was bet on basketball during the month of March than in any month in the state’s regulated sports betting history.
And while the numbers produced by Las Vegas books don’t separate college and professional basketball betting, the money coming in on college hoops is pretty clear: $439 million was bet on basketball in March, more than double the $213 million bet on the sport in February.
It was profitable, too.
Those Vegas books kept more than $40 million dollars of the money that was gambled on basketball, which shattered the previous record of roughly $28 million in winnings.