Sports Betting Market
Pinnacle Sports, already known for professional friendliness, would take things to the next level by offering reduced juice -104 pricing on NFL sides, and -105 on other betting market. They were one of the first to compete on price by going against the standard $1.10 to win $1.00 -110 pricing model.
ResearchSports Betting Marketing
- Sports Betting Companies Growing in Surging Market Fantasy sports and sports betting company DraftKings Inc (NASDAQ:DKNG) has seen phenomenal growth throughout the past year. In its 2020 third quarter results, the company reported revenue of $133 million, a 98% increase over $67 million during the same period in 2019.
- Online sports betting is akin to a digital gold rush. Each new state that legalizes online sports betting becomes a new frontier for the companies and operators competing for the U.S. In this blog, we will cover the states that have legalized online sports betting.
- The sports betting market is fragmented with many international and regional vendors offering undifferentiated product offerings. Factors such as the digital revolution will offer immense growth.
Interactive Map: Sports Betting in the U.S.
AGA’s interactive sports betting map provides state-level detail on the types of wagering allowed, key regulatory details, legal retail sportsbooks and online/mobile, and more.
Sports betting activity
Live, Legal* (20 States + DC)
Legal - Not Yet Operational (5 States)
Active or Pre-Filed Legislation in 2021 (14 States)
Inactive sports betting
- No Legislation in 2021 (11 States)
- Dead Legislation in 2021 (0 States)
Legal Landscape as of February 8, 2021
“Live, Legal” denotes states where single-game sports betting is legally offered to consumers through retail and/or online sportsbooks. States classified as “Legal – Not Yet Operational” have authorized sports betting, but have yet to launch. “Active or Pre-Filed Legislation” denotes jurisdictions where bills to legalize single-game sports betting have been pre-filed/introduced in the state legislature or where a voter referendum is scheduled. Sports betting provisions, revenue, and location data are sourced from state regulatory agencies.
Sports Betting Market Cap
Global Sports Betting Market
Sports betting activity
Live, Legal* (20 States + DC)
Legal - Not Yet Operational (5 States)
Active or Pre-Filed Legislation in 2021 (14 States)
Inactive sports betting
- No Legislation in 2021 (11 States)
- Dead Legislation in 2021 (0 States)
Football Gambling Online
Legal Landscape as of February 8, 2021