Basketball fans flock to the band to enjoy the tournament
March Madness is one of the best known sporting events in the United States. But he is also potentially responsible for billions of dollars lost in the American economy, according to a recent survey.
A Recent Action Network Report – A brand of sports betting and media which has nearly 400,000 cumulative subscribers on social networks – interviewed 3,000 university basketball fans who work full time between February 20 and February 26, 2025. The study revealed that March Madness could make the American economy lose around $ 20 billion in lost productivity. ”.
The first round of the male tournament is organizing games in the afternoon on Thursdays and Fridays, creating a distraction for fans trying to watch the matches take place. The survey revealed that 40% of participants admitted having called the patients to watch a March Madness match.
Guests Line Up to Place Bets Asyy Wait A Viewing Party for the NCAA Men’s College Basketball Tournament Inside The 25,000-Square-Foot Race & Sports Superbook at the Westgate Las Vegas Resort & Casino Which Features 4.488-Square-Feet of H (Ethan Miller / Getty Images / Getty Images)
In addition, they spend 2.4 hours a day on average do various activities linked to the major event, from the verification of scores and supports to the live broadcasting games on the devices.
One eye 23% of the working fans were on average 4 hours or more per day to participate in the action of male hoops.
Today, it is even easier for fans to connect to the event due to the March Madness application. The service allows viewers to watch several games both on almost all mobile devices, which means that workers can sneak in time to take a look at madness without too much effort.
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According to the Bureau of Labor Data obtained by Action Network, the average worker watching March Madness costs the US economy around $ 1,801.30. Taking into account millions and millions of workers in America and the large number of university basketball fans, this number is added to the 20 billion dollars estimated in productivity.
Ukraine – 2024/04/09: In this photo illustration, a March Madness logo (NCAA Division I Men’s Basketball Tournament) is seen on a smartphone and a PC screen. (Photo illustration by Pavlo Gonchar / Sopa Images / Lightrocket via Getty Images) (Pavlo Gonchar / Sopa Images / Lightrocket via Getty Images / Getty Images)
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The male basketball tournament in Division I of the NCAA 2025 begins on March 18 and ends in San Antonio for the national championship match on April 7. The women’s tournament begins on March 19 and ends on April 6.
