The Campaign for Fairer Gambling (CFG) commissioned a study analyzing betting trends during the 2024 Super Bowl, with a focus on the black market. The research revealed that a total of 350 million bets were placed on this year’s event, amounting to $5.4 billion. Of these bets, 65% were made through illegal channels, while the remaining 35% were legal. Illegal bets generated $4.0 billion, showcasing the significant presence of the black market in sports betting. The report emphasized the need for federal regulations to combat illegal gambling and protect the integrity of the industry.
