The Grand National became the latest sports betting event to report record-breaking figures over the weekend.

Last week, Entain projected the Grand National would become the biggest sports wagering event in history and early indications suggest the operator may have been onto something.

Saturday’s Grand National set a new record on the Smarkets platform, for instance, for betting volume on a single event; bets reached £92.8m ($127.8m) an increase of 21% on the last National for the brand.

The National amounted to 71% of volume during the three-day Aintree Festival, with a total of £131m traded on the races from Thursday to Saturday; this represented a 28% increase from 2019 when £101m was traded.