A chain of gymnastics schools is looking to open a new location within a region with multiple existing competitors. They do some preliminary market research on the market size within this region and found the following information.

Total Population US Sport Participation

US Population $330,000,0003,095,000$

Total Region Population Region Sport Participation

Region Population $1,500,000$

Existing Competitors $6$

Based on this information, if they enter this new regional market what is the Serviceable Available Market $($SAM$)?$