Sports Gambling: Trading on America’s Addiction to the NFL

The NFL is the most popular sports league in the United States, which means the annual kick-off of the new season typically triggers a surge in sports betting activity at PENN, DKNG

• In 2023, the portion of sports online gaming is expected to arrive in the range of $11 billion, which is actually a 72% increase over 2022.
• In real time, four companies dominate the field of sports online gaming, collectively controlling within 90% of affiliates.
• |You can do it really come across as you can, in fact, we promise, anyone can quickly just ignore these seemingly exactly how {} people forget about.

Sports fees have been circulating like wildfire since 2018, when the U. S. Supreme Court postponed the 1992 Professor and Amateur Sports Defense Act (PASPA), which allowed each state to legalize sports fees.

Since the stage of accepting this fateful prison sentence, Americans have legally poured $245 billion into the finals of sporting events. At this stage, the sports gambling industry had made a profit of as much as $15 billion.

But now, the "house" is not limited to sportsbooks. State governments are still pulling for this task, collecting $350 billion in tax revenue since the start of 2018.

The states that are favored in tax revenue from sports betting are New Jersey, Nevada, and New York Just, in that order. However, it should not be overlooked that there is a precedent that heavyweights such as California, Florida, and Texas have not yet introduced sports betting.

The reason why the sports betting industry is attracting attention this fall is because the NFL season is a gem of a season for this still emerging industry. The 2023-2024 NFL season officially opened on September 7, and the Detroit Lions attracted attention by defeating last year's Super Cup favorite Kansas City in the opening game.

Unexpectedly, the world of sports gambling has actually been waiting for such a result. The winner before the opening was the "Lions", and no one paid attention to the fact that Detroit played out of last season's league champion.

As expected, as always, the increase in NFL game rates will be the main point of increasing profits from sports gambling in 2023.

According to a survey conducted by Variety and CRG Global, the NFL lottery is the top concern for US sports bettors. The survey mentioned above, for example, shows that "four in five mobile sports gamblers (81%)" set a fee for the NFL in October last year.

This is well above leagues well known for gambling, such as the NBA (54%), MLB (44%) and college football (34%).

In fact, it is not surprising that the same survey showed that there was a strong correlation between the energy in the bed and the game watching. According to selective surveys, for example, 2 30 % of mobile gambling mobile gamers are likely to watch a betting game.

This is definitely comfortable for the NFL owner's ears. According to the American Gambling Association (AGA), NFL has received $ 2. billion a year, thanks to the spread of legal gambling. And this number will definitely grow in the next few years with the revenue of sports gambling.

The popularity of NFL among sports gamblers is not surprising, considering that NFL has the most fans in all major sports leagues in the state.

According to Statista, the average number of spectators of the NPL standing championship in the 2022/223 season will be 16. 7 million. On the other hand, the NBA's average spectator mobilization in the 2022/2023 season was only 16 million.

According to Statista survey (see below), 76 % of the Yankees are actively watching NFL, while NBA is 56 %.

Prior to the opening of the NFL season in 2023, South American Gambling Communications (AGA) published the latest surveys in 2023 that Yankee, within 73 million, could be based on NFL. According to AGA information, this number increased by about 60 % from the previous year.

Competitive Landscape in the Sports Gambling Industry

In relation to the growing attention to the legal sporting charges, the industry arrived in 2023 is considered to be less than $ 11 billion, which is actually increased by 72 % from 2022. In 2025, according to the monitoring based on Insidelintelligence. com, this figure may be approaching $ 19 billion (see below).

In the sports online game industry, there are two leading companies, Draft Kings (DKNG) and Fandoel.

According to Maccollie, the two companies dominate more than 75 % of the Sports online game market covering the first quarter of 2023. Among them, Fandoel accounts for about 46 % of the market and 25 % draft kings.

When the four favorite BETMGM and Caesars are closed, 12 % and 7 % of the market are controlled accordingly. According to the analysis company Eilers & amp; amp; amp; Krejcik, these four have 90 % of the US sports online game market.

In fact, it should be pointed out that the latest report on CONCEPTKINGS's business performance has effectively stated that its market share has been extended to 35%.

It was a while ago Pen Entertainment signed a contract with ESPN. As part of the contract, Pen Entertainment will launch a sportsbook of the ESPN brand titled ESPN BET, and runs in 16 states where Pen is inviting Mobile Sports Book in real time. The debut of ESPN BET is scheduled for November.

After the decision to trade with ESPN, Jay Snowden, a pen of the pen, announced the possibility of a new company: "This brand (ESPN) has a great exposure. This brand (ESPN) uses great exposure. I believe that it will actually complement what we have done for the past three years. "

One of the other companies that are eager to show their presence in the online online game market is the Fanatics, which is private in stock. In April this year, Fanatics provided a new sports gambling application in Ohio and Tennessee.

But in July, Fanatics acquired the Australian Pointbet in South America, including the license of sports rates in New York, New Jersey, Pennsylvania and Michigan, and grew.

Currently, the company is operating in 11 states, and almost all industry experts believe that Fanatic has the opportunity to benefit the appropriate fairwind during the next NFL season. 。 Eilers & amp; amp; KrejCIK proposed to carefully consider the closest possibility of Fanrical: "Fanrical-for product and marketing resources and marketing for marketing development. Operators have a lot of share in our opinions based on the huge bass of data.

As of early September 2023, sports betting games are allowed in 38 states and Colombia. Ten years ago, the same penetration of South America to Bazar seems to be unrealistic.

The only years of legal sports betting were possible for Nevada and Atlantic City, New Jersey. Later, in the late 1980s, the Supreme Court decided that the Indian settlement should be gambling based on the original sovereignty.

Currently, there are more than 1, 000 casinos in 40 states in the United States. Million mobile, sports casinos are hidden in pockets, handbags, and wallets (that is, in mobile phones) in 38 states in the United States.

Unfortunately, all the results of this new reality (for example, even if they are negative) will only be revealed after a while. According to a survey by the National Gambling Administration Council, the ratio of gamblers to seek economic support for problematic behavior has increased from 2 % in 2018 to 6 % in 2021.

From this desire, it can be imagined that the number of Yankees, which suffers from addictive gambling, will continue to increase for the next few years, and at the same time, sports gambling to the South American economy will promote.

To see all actions that are taking place in this year's market, including the sports gambling category, see Tastyliv e-7. 00 to 16. 00 CDT on weekdays.

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© Copyright 2013-2024 Tastylive, Inc. < SPAN> Unfortunately, all the new realities (for example, even if it is negative for flattering) will be a while for a while. It is not clear. According to a survey by the National Gambling Administration Council, the ratio of gamblers to seek economic support for problematic behavior has increased from 2 % in 2018 to 6 % in 2021.

From this desire, it can be imagined that the number of Yankees, which suffers from addictive gambling, will continue to increase for the next few years, and at the same time, sports gambling to the South American economy will promote.

To see all actions that are taking place in this year's market, including the sports gambling category, see Tastyliv e-7. 00 to 16. 00 CDT on weekdays.

See the website for daily news and explanations about the money market.

Communication and specialist

See the page or YouTube channel.