A look inside the numbers of sports betting in the U.S. and overseas
Tracking betting by sport
Betting on football, baseball and basketball every single hit an all-time high in Nevada at 2017, according to the UNLV Center for Gaming Research. On the other hand, the landscape has changed considerably in the past several years.
Even though the amount of money bet annually on football over the last four years has remained relatively flat, last year’s football share was 36 percent, the lowest rate since at least 1992, when the state started making sport-specific statistics available.
Baseball in 2017 made more than 23% of the overall swimming pool, the maximum for that sport since producing 25% in 2001.
The”other” group, which includes hockey, soccer and a number of other sports, made up a record 9 percentage of betting annually, doubling the share it had in 2005. Casino operators have reported an increase in NHL gambling since the Vegas Golden Knights started play last autumn.
Basketball’s share has ranged from 28 to 31 percent for the past six decades, and the $1.48 billion wagered from 2017 was double the game’s 2011 betting.
U.S. revenue projections, post-PASPA
Eilers & Krejcik Gaming estimate that the total yearly earnings that controlled sports betting would create from the U.S. during the initial five years of operation, assuming a complete repeal of PASPA in early 2018. The projections are based on the research firm’s premise that 32 states will authorize sports betting by 2023, if PASPA is repealed.
Nevada data breakdown
Nevada data breakdown Revenue from racing and sports pools combined to constitute 2.15 percentage of Nevada’s overall casino floor-related revenue in 2017, according to the nation’s yearly report on gambling, a figure which has seen little fluctuation in recent years.
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