What to Expect in Sports Betting in 2022
Sports betting in the US is in the spotlight, most particularly because of the NFL. The NFL recently just finished the divisional championship weekend. And this has generated so much action that bookies probably hit their bookie business goals for the quarter early. But the attention that the sports betting industry gets is well-deserved. Industry experts estimate that over $52.7 billion worth of wagers were placed back in 2021. This is double the amount of the previous year. Let’s find out what to expect in sports betting in 2022.
The availability of online sports betting, online casino, and horse racing online has generated a lot of interest across the country. In 2021, we saw 11 states launch sports betting. Sportsbooks have likewise invested in billions of dollars to promote their sportsbooks nationwide. The count for legal sports betting in the US now climbs up to 30, plus Washington, D.C. We already have New York launching online betting, while states like Louisiana, Ohio, and other sports will follow this year.
Sports Betting in 2022
The sports betting industry is also starting to gain a new demographic, thanks to online wagering. Still within legal age, but younger at 21 and above, many new bettors are now aware of sports betting due to the proliferation of online sportsbooks. With many gambling solution providers, people now have easy access to many gaming options. Many anticipate that more exposure from advertising and marketing can attract an even bigger market.
Aside from the increasing visibility of online sportsbooks, more and more sports venues are launching betting sites and kiosks in the actual venues, increasing the presence of gambling in arenas and stadiums. Not only does this help bring sports betting to the public, but it also helps with the integration of the sports betting experience to watching and enjoying your favorite game. Given the two-fold increase in sports betting in a year alone, it will not be surprising to continually see sports betting records be broken each month.
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