Topline
The number of American adults regularly gambling on sports rose from 5% to 12% between January and December 2021, according to a Morning Consult poll released Tuesday, the same day eye-popping data from the launch of online wagering in New York rolled out.
The legalization of mobile sports betting in New York and other states has enabled an increasing … [+]
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Key Facts
The Morning Consult survey conducted last month found that 12% of respondents placed at least one sports bet per week and 25% of people placed any sort of monetary wager on sports, up from 5% weekly bettors and 20% overall participation in January of last year.
The survey came a month before the January 8 debut of online betting in New York and data released by the New York state government Tuesday revealed explosive results for the launch: More than 650,000 unique accounts were created on betting apps and more than $150 million was wagered in the state’s first weekend of legal operations alone.
The Morning Consult survey was conducted among 2,096 Americans ages 21 and older January 25-26 and among 4,224 Americans ages 21 and older December 11-15.
Big Number
18. That’s how many states currently allow mobile sports betting following New York’s launch earlier this month.
Tangent
BetMGM, one of the largest players in the U.S. gambling market, upgraded its 2022 revenue forecast from $1 billion to $1.3 billion Wednesday.
Further Reading
New Yorkers Wagered $150 Million During First Weekend Of Legal Mobile Sports Betting (Forbes)
Where Is Sports Betting Legal? A Guide To All 50 States (Forbes)
2021 Was a Banner Year for Sports Betting Participation (Morning Consult)
New York Reports State’s Numbers From Sports Betting’s Opening Weekend (Action Network)
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