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Why football season is the peak for sports betting

8 February 2025 at 09:28
Data: Pennsylvania Gaming Control Board; Chart: Axios Visuals

When it comes to legalized sports gambling, there's football, and then there's everything else.

Why it matters: While the percentages can vary wildly, each of the 38 states (and D.C.) that have legalized sports betting receive some level of tax revenue on their residents' gambling.


  • Good teams generally spur more bets than bad ones, meaning localities have never been more financially invested in their teams' success.

The big picture: Americans tend to wager far more money during the NFL and college football seasons than during other periods of the year, an Axios review of a dozen states' betting data finds.

  • Most follow the same trend โ€” a boost during the fall months and a peak during football playoff season, then a dip during the summer.

The latest: This Sunday's Super Bowl LIX is a rematch between two teams with different state laws. Sports gambling was legalized in Missouri late last year, but the permitting process is still playing out and sportsbooks aren't live yet.

  • Pennsylvania, meanwhile, has had legal online sports gambling since 2019 and its betting predictably spikes each winter.
  • When these two teams played in Super Bowl LVII in February 2023, Pennsylvania made over $14 million on $600 million wagered that month.

Stunning stat: The American Gaming Association estimates Americans will wager $1.39 billion on the Super Bowl this year.

Between the lines: State leaders are increasingly taking advantage of the sports betting windfall.

What's next: Given the tax upside, expect the holdouts to consider their own piece of the action soon.

Anduril picks Ohio for weapons megafactory Arsenal-1

16 January 2025 at 02:10

Anduril Industries will build Arsenal-1 in Columbus, Ohio, propelling its plans to pump out tens of thousands of autonomous vehicles, sensors and weapons.

  • The production lines could go hot as soon as July 2026, according to the company.

Why it matters: This is a make-or-break moment for the $14 billion neo-prime, as it's promised the Pentagon and investors alike an overhaul of defense manufacturing.


  • Speculation ran wild after it hinted at an initial stateside megafactory and future copycats abroad in August.

The latest: The 5 million-square-foot Arsenal-1 will be erected near Rickenbacker International Airport, which has ties to the Ohio Air National Guard.

  • A 700,000-square-foot facility already on the plot will be renovated.
  • Barracuda cruise missiles and Roadrunner interceptors are early contenders for production. Energetics โ€” materials found in ammo, warheads and more โ€” aren't on the menu, period.
  • The location grants Anduril access to a pair of 12,000-foot runways. Testing nearby is an option.

What we're watching: How Anduril taps a Rust Belt workforce amid louder and louder chatter of American reindustrialization.

  • Chief executive Brian Schimpf told Axios in November available labor and state government enthusiasm were big factors.
  • Intel is building a semiconducter shop miles down the road.

Context: Ohio is home to Wright-Patterson Air Force Base, the Air Force Research Laboratory and the National Air and Space Intelligence Center.

  • Anduril is working closely with the service on collaborative combat aircraft. General Atomics is also on the drone wingmen project.

Catch up quick: Anduril secured $1.5 billion in funding over the summer. The money will be used in part for the facility.

  • The company has other footprints in Rhode Island (focused on robo-subs), Mississippi (focused on solid rocket motors), Texas (where jammers and air autonomy are assessed) and Australia.
  • No existing plants will be shuttered, Chief Strategy Officer Chris Brose told reporters.

The bottom line: "This is a massive milestone for Anduril on its journey as a company," Brose said.

  • "We will be creating, with our partners in Ohio, something that does not currently exist in the American defense industrial base."

Go deeper: Central Ohio is an industrial development "sweet spot"

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