Noticias de ultima
  • 12.00 BEGE 2024: FightScout wins Gaming StartUp Challenge 6.0
  • 12.00 Atlantic City casinos: Some workers call on union boss to resign for opposing a smoking ban
  • 12.00 “Exhibiting at SiGMA Europe 2024 is a key milestone in our rollout plan”: Dina, Uplatform
  • 12.00 Orenes Group's Spain Casino Division Receives Advanced Technical Training From JCM Global on IVizion Bill Acceptor and Gen5 Printer
  • 12.00 All Eyes on ICE: Merkur Group Anticipates Debut in Barcelona with Excitement
  • 12.00 Meet the Amusnet’s Newest Online Slot release: Extra Crown Deluxe
  • 12.00 Aristocrat Gaming™ Participates in Giving Tuesday with Donations Across Southern Nevada
  • 12.00 Inaugural ICE Barcelona Taps into Latest Konami Slots, Technology, and iGaming Releases
  • 12.00 Looking to the Future: GAT Expo 2025 in Mexico City
  • 12.00 Global Casino Gaming Market Set to Expand by $43.3 Billion by 2028
Reports & Data

Five years post-PASPA: Consumer sports betting trends, by AGA

Wednesday 10 de May 2023 / 12:00

AGA

2 minutos de lectura

(Washington).- Today, the American Gaming Association (AGA) released new research showing Americans’ support for legal sports betting has grown significantly since the end of the federal ban on sports betting in May 2018:

Five years post-PASPA: Consumer sports betting trends, by AGA

•             85 percent of American adults agree with the Supreme Court’s decision to strike down the Professional and Amateur Sports Protection Act (PASPA), compared to 63 percent in 2019.

•             77 percent of American adults support legalization in their state of residence. 

•             78 percent of bettors place all or most bets through regulated operators.

•             77 percent of online sports bets are now placed through regulated operators, compared to just 44 percent in 2019.

Since May 2018, Americans have legally wagered $220 billion nationwide, generating $3 billion in state and local taxes. According to previous AGA research, legal wagering expansion has eroded the illegal U.S. sports betting market by 60 percent from pre-PASPA estimates.

Migrating Bettors: As the legal market grows, it is increasingly attracting and retaining customers from illegal bookies and offshore operators: 

•             Nearly half (46%) of bettors that currently bet primarily with unregulated operators plan to transition to regulated operators within the next 12 months. 

•             Nine in 10 (90%) bettors who place most of their bets legally intend to stay within the legal market in the next year.

Consumer Awareness: Consumers have a significantly better understanding of the legal status of sports betting in their state, however, survey results also point to continued need for consumer education: 

•             Only 29 percent of American adults say they are unsure of the legality of online sportsbooks in their state, a 45 percent decrease since 2018.

•             Yet, 70 percent of sports bettors who placed most of their bets with illegal operators believed they were betting either exclusively with legal sportsbooks or splitting their bets evenly between legal and illegal operators. 

Between the Lines: Consumer confusion is in part attributable to illegal offshore sites misrepresenting their legal status by marketing themselves as regulated sites. Among online sports bettors, they believe a site is legal based on a statement on the website (38%), odds being mentioned by the media (36%), and search results (32%).

Making an Impact

Since May 2018, Americans have legally wagered $220 billion nationwide, generating $3 billion in state and local taxes for education, healthcare, infrastructure, responsible gaming and problem gambling resource funding and more.

Five years post-PASPA, the AGA and our members continue to support responsibly expanding the legal market while cracking down on predatory illegal operators. The regulated industry and our partners across the entire ecosystem—policymakers, law enforcement, regulators, leagues, media, technology providers and more—have made significant strides in our collaborative consumer education efforts since 2018, and we will continue to find new ways to enhance consumer protections as the market matures.” – AGA President and CEO Bill Miller.

Categoría:Reports & Data

Tags: American Gaming Association,

País: United States

Región: North America

Event

SIGMA EUROPA – Malta 2024

11 de November 2024

“Exhibiting at SiGMA Europe 2024 is a key milestone in our rollout plan”: Dina, Uplatform

(Malta, SoloAzar Exclusive).- Dina, Uplatform Head of B2B Projects, talked about the positive performance of the firm at recent SIGMA Europe 2024. The firm presented its flagship products at the booth and also participated in networking activities, open dialogue spaces and thematic sections.

Wednesday 04 Dec 2024 / 12:00

SIGMA Europe 2024: Altenar focused on innovations and tailored solutions

(Malta, SoloAzar Exclusive).- Diego Salas, Altenar Sales Manager, shared his thoughts with SoloAzar about the recent participation of the firm at SIGMA Europe. Not only he commented about the key innovations and products presented by the firm, but also underlined the growing importance of the Intelligence services for the iGaming industry.

Tuesday 03 Dec 2024 / 12:00

SiGMA Europe Awards 2024: Amusnet wins Best Slot Game Provider

(Sofia).-In celebration of SiGMA Europe’s 10th anniversary, Amusnet joined the premier expo in Malta in November, showcasing its top-notch casino offerings.

Tuesday 26 Nov 2024 / 12:00

SUSCRIBIRSE

Para suscribirse a nuestro newsletter, complete sus datos

Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.

PODCAST

MÁS CONTENIDO RELACIONADO