Noticias de ultima
  • 12.00 IGT Wins "Diversity and Inclusion" Category at 2024 Women in Gaming Diversity Awards
  • 12.00 JCM Global Partners with Jake's 58 Casino Hotel to Create Bistro 58 Sports Lounge
  • 12.00 Massachusetts Gaming Commission Publishes 2023 Annual Report
  • 12.00 Ortak x B.F.T.H. Arena Awards 2024 Features Mr. First Ray by Endorphina
  • 12.00 Go Hot or Go Home with Amusnet's newest slot release 10 Power Hot
  • 12.00 The complex reality of online gambling in Argentina: between legislation and prohibition
  • 12.00 Detroit casinos report $113.2M in May revenue
  • 12.00 Sao Paulo government signs decree authorizing state lottery bidding
  • 12.00 Brazil: Today, CCJ to debate bill that legalizes casinos, bingo and jogo do bicho
  • 12.00 Artificial Intelligence in Gaming: Unveiling the Buzz: an analysis by GLI Joseph Bunevith
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

GAT EXPO CARTAGENA DE INDIAS 2024

09 de April 2024

EGT & EGT Digital impressed at GAT Expo 2024 showcasing their innovative iGaming solutions

(Cartagena de Indias, SoloAzar Exclusive).- Ms. Silviya Marinova, Director of EGT Colombia, granted an interview to SoloAzar about the performance of the firm at the latest edition of GAT Expo Cartagena. She spoke about the highlights of the tradeshow, the latest innovations showcased including the Phoenix slot cabinet and the all-in-one betting platform X-Nave. She also remarked the importance of their presence in the iGaming Colombian market.

Wednesday 22 May 2024 / 12:00

Casino Garage: committed to sustainability

(Cartagena de Indias, Exclusive SoloAzar) - Meet Ester Tarres, the visionary behind Casino Garage, a world leader in refurbishing second-hand slot machines since its creation in 2006. With a team of professionals, Casino Garage has become synonymous with excellence. In this article, Ester tells us about her presence at the GAT Expo, held from 9 to 11 April.

Tuesday 07 May 2024 / 12:00

Responsible Gaming, Regulation and Certification in Latin America and the Caribbean

(Cartagena de Indias, Exclusive SoloAzar). - Karen Sierra-Hughes, Vice President for Latin America, the Caribbean and Spain at GLI (Gaming Laboratories International), led the GLI Corporate Conference: Technology and Sustainable Gaming. With her extensive experience as a gaming regulatory consultant in the region, Karen offered key perspectives on how technology can drive sustainability in the gaming industry.

Tuesday 07 May 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