Gambling Industry News ’s Post

Buying kids’ sports equipment can put a major dent in your budget, depending on what sport your child plays. But we’ve compiled some ways you can purchase their equipment on a budget, without sacrificing quality. Dig into our tips and see how much you save. https://bit.ly/3J0G2kD #NationalStudentAthleteDay #Budget #SportsParent

Nevada sportsbooks: Quicker path to rescind past-posted wagers under proposed regulation change: https://lnkd.in/ewGG4jAi Nevada regulators are about to make it easier and quicker for the state’s sportsbooks to cancel wa...

Nevada sportsbooks: Quicker path to rescind past-posted wagers under proposed regulation change: https://lnkd.in/emVX5nMX Nevada regulators are about to make it easier and quicker for the state’s sportsbooks to cancel wa...

We examined online sports wagering activity of typical and highly involved bettors to understand betting patterns and determine whether activity has changed since an earlier study of sports gamblers. Check out our infographic to find out what we learned! https://lnkd.in/eSByW_Z6

In Pennsylvania, sports betting numbers softened in May as expected, but the overall upward trend continues. May handle of $591.6 million was up nearly 20% over May of 2023. Other notable numbers from PlayPennsylvania.com's Corey Sharp: • The state's sportsbooks surpassed $30 billion in lifetime handle in May. • Fanatics Sportsbook has yet to make much of an impact in the market. • ESPN BET Sportsbook lost even more market share in PA in May. #pennsylvania #sportsbetting #sportsbook #sportsbook #onlinegambling #gamblingindustry #may #handle #reveue #gambling

🚨🎲 A new bill in Minnesota, led by Rep. Zack Stephenson, would legalize sports betting in the state. House File 5274 aims to phase out historical horse race wagering machines while legalizing sports betting. However, the legislative deadline is on May 20, 2024. 📆 🔗 Learn more about how legalizing sports betting could impact the state of Minnesota here: https://lnkd.in/dFq5gEQJ #minnesota #sportsbetting #gamblingindustry

We've found that certain sports are harder to make money in than others. As a sports card flipper, which is the easiest for you? Which is the hardest? #sportscardinvesting #sportscardinvestor #sportscardflipping #sportscardinvestors

People are watching ads on streaming sports - an engaged audience too! Whether you want IN-game or general sports streaming, I've got the solutions for you! You can message me on LinkedIn for more info! #streamingsports #streamingadvertising #digitalsportsadvertising #digitaladvertising #digitalsports #sportsadvertising

🚨🏀 NEW: The AGA estimates that American adults will legally wager $2.72 billion on the 2024 men’s and women’s #MarchMadness tournaments. The total is equivalent to 2.2% of the total handle wagered by Americans in 2023. Betting on March Madness this year? Take AGA sports betting 101 to #HaveAGamePlan to wager responsibly 👉 https://haveagameplan.org *To calculate its wagering estimate, the AGA leveraged its proprietary Commercial Gaming Revenue Database. The analysis is based primarily on historical state regulatory data related to college basketball handle and the continued growth of the overall sports betting market.

The $119.84 billion wagered on sports betting in American in 2023 was more than 3x what Americans spend on pizza in a year. It was a 27.5% increase vs. the prior year. Some additional data: $10.92 billion flowed through to the sportsbooks through those bets (+44.5% vs. prior) +100% is the increased likelihood of addiction from sports betting vs. gambling in general 91% of sports bettors have a sports betting app on their phone tied to a sportsbook 39% of Americans say they’ve placed a bet on sports according to a 2024 study 3% is the percentage of bettors who will *actually* be profitable long term 52.4% is the minimum win rate sports bettors will need to break even 36% is the percentage of bettors *say* they are profitable their bets 40% of sports bettors report feeling ashamed from their betting 19% is the suicide attempt rate of those addicted to gambling 🏈 🏀 ⚽ ⚾ Check out the video if you're interested in learning more...and for the sources of the data points. https://lnkd.in/ee8ZdRBt