Super Bowl Betting Highlights Explosive Sports Betting Growth
The lead-up to Super Bowl 56 thrust sports betting into the public light. And as any gambling historian can tell you, the adage that all press is good press doesn’t apply to gambling.
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The lead-up to Super Bowl 56 thrust sports betting into the public light. And as any gambling historian can tell you, the adage that all press is good press doesn’t apply to gambling.
Super Bowl 56 is in the books, and after a fairly one-sided affair last year, the sporting world was once again treated to a close, highly competitive game that came down to the wire, bettors included, as the Rams were 3.5 – 4-point favorites over the Bengals and triumphed by a final score of 23-20.
The COVID 19 pandemic has helped spur mobile sports betting in the US, but the opposite may be true for online casinos. Rather than highlighting the benefits of online casino gambling, COVID has allowed one of the key issues thwarting legalization efforts to linger: cannibalization.
Nearly two-thirds of US states have legalized sports betting in the last few years. Many of those states legalized online sports betting. That may not seem like a big deal, but ask any longtime industry follower, and they’ll tell you how out of character it is for a state to legalize any form of online…
What does 2022 have in store for the US gambling industry? It’s safe to say the last two years have changed how the world operates. And while it will be a mere footnote in the COVID-19 section of history books, the spread of sports betting and the normalization of online gambling in the US was…
Marketing gambling as entertainment is a drum I have been banging for quite some time. That said, I’ve never been able to plainly explain my thoughts on the subject, despite spending several years mulling it over. After writing a column dissecting Jason Robins’ statements about what kind of customer DraftKings is interested in attracting, it…
A comment by DraftKings CEO Jason Robins has the gambling sphere in a tizzy. “This is an entertainment activity,” Robins said during the investor-focused Canaccord Genuity digital conference. “People who are doing this for profit are not the players we want.” And with that, cue the torches and pitchforks.
Gambling Twitter ended last week with a pithy but also interesting debate about gambling harm. Specifically, a comparison of the harm caused by sports betting vis-à-vis online casino games. Both products produce social harm, but is it equal?
Over the last five years, US residents have seen a steady stream of new legal online gambling options. The current increase in gambling options rivals the casino boom of the early and mid-1990s. From 1978 to that time, customers had two choices, Atlantic City or Las Vegas. By 1993 the number of states with legal…
It’s inevitable. Every season, there is a string of bad calls that significantly impact the outcome of sporting events. It’s also unavoidable that these blown calls send sports fans (and sports bettors) into a tizzy.
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