Key Takeaways
- Without a doubt the most talked about topic this week will be the annual NCAA college basketball tournament.
- Over the weekend, PokerStars celebrated its ninth anniversary of the Sunday Million with a tournament that guaranteed $9 million to be paid out in prizes.
- Teams from eight different countries will descend upon Malta on March 21 to take place in the first ever Global Poker Masters.
March Madness
Without a doubt the most talked about topic this week will be the annual NCAA college basketball tournament. Last night the teams were chosen and seeded and an estimated 40 million Americans will fill out 70 million brackets for the event according to the American Gaming Association.
FOXBusiness estimates that approximately $9 billion will be wagered over the course of the tournament—more than is bet on the Super Bowl. With the legalization of sports betting being one of the hottest topics in the gaming industry, expect plenty of proponents of sports wagering to take this opportunity to point out all of the tax revenue that is being lost.
