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Top 5 Sports Betting States in the US

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Across the United States, there has been a significant increase in the popularity of online sports betting in recent years.

Following the Supreme Court ruling on the Professional and Amateur Sports Protection Act (PASPA) in 2018, states were given the power to legalize and regulate sports betting.

This ruling set the ball rolling for a thriving sports betting industry in the US.

This article will take a look at the top five betting states in the US.

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1. Nevada

First on our list is Nevada, it is the home of the world-famous and vibrant city of Las Vegas.

Nevada is at the forefront of the betting industry even before the countrywide legalization of sports betting.

Long before the Supreme Court ruling on PASPA, Nevada had already carved a niche for itself as the top destination for gaming in the United States.

In addition to its reputation as a betting haven, the early adoption of sports betting has also been instrumental in establishing it as the top betting state in the US.

Sports betting has been so successful that Nevada’s gambling revenue reached a record $14.84bn in 2022.

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2. New Jersey

New Jersey is another foremost sports betting state. In the aftermath of the Supreme Court ruling which gave states the power to legislate on sports, New Jersey made sports betting legal within its borders.

In June 2018, Governor Phil Murphy signed the legislation allowing sports betting in the Garden State.

Its proximity to cities like New York and Philadelphia has also played a part in the growth of the sports betting industry in the state.

In 2022, the state recorded a joint revenue record of $5.21bn with 2006 despite a decline in gambling revenue.

3. Pennsylvania

The growth of online sports betting in Pennsylvania has been nothing but phenomenal, and the state has established itself as one of the top sports betting states in the US.

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The state boasts a significant population and a virile sports culture. Since legal online sports betting launched in 2019, the state has grown from strength to strength in the sports betting industry.

Going by figures from the Pennsylvania Gaming Control Board, Sportsbooks handled about $7.25bn, while online casinos raked in $1.36bn in revenue in 2022 alone.

And if all the indicators are anything to go by, the revenue is likely to get even higher with more people signing up for online sports betting particularly because of the impressive array of Pennsylvania Sportsbook Bonuses.

4. Illinois

The rise of Illinois to become one of the top destinations for sports betting in the United States is not surprising.

The combination of sports-loving residents and its strategic location in the Midwest has helped the sports betting industry in the state to grow.

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Earlier in the year, the Illinois Gaming Board reported that traditional sports wagering handled around $1.03 bn for December, making it the third consecutive month it exceeded the 1 billion mark.

5. Colorado

The final entry on our top five betting states list is Colorado. While Colorado may not have a long history of gambling, it is now one of the hotbeds of sports betting.

Colorado joined the fray and legalized online sports betting in 2019.

In 2022, the Centennial state recorded the sum of $5.18bn in revenue from sports betting.

Conclusion

As online sports betting continues to catch on across the United States, several states have made some gains in the sports betting industry.

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Nevada and New Jersey are leading the way, while other states are not too far off from the leading duo.

The sports betting landscape will continue to move and shift as more states legalize sports betting.

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Canada

Soft2Bet granted Ontario Certification of Registration and readies for imminent launch

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Ontario Certificate is hugely promising as Soft2Bet continues its regulatory expansion

Soft2Bet, a leading provider of online betting and gaming solutions to regulated operators worldwide, is delighted to announce that it has been granted a Certificate of Registration in Ontario, Canada’s largest province, moving it one step closer to being able to launch its Tooniebet.com iGaming brand.

Obtaining its Certificate of Registration (Nbr: OPIG1280338) from the Alcohol and Gaming Commission of Ontario (AGCO) will enable Soft2Bet to continue its expansion into the world’s largest regulated jurisdictions.

Ontario has been a major success story for regulated online sports betting and casino in North America in the past two years. The province launched its regulations in April 2022 and latest figures for the fourth quarter of 2023 showed that operators recorded a 21% rise in wagers to CA$17.2bn and a 22% increase in gross gaming revenues to CA$658m, the highest ever revenue total in Ontario’s wagering history. Online casino was the main driver of this growth and generated CA$13.7bn of the total stakes and CA$471m in GGR.

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Elisabeth Isaksson, Head of Regulatory Compliance at Soft2Bet, commented: “Being registered with the AGCO in Ontario is testament to the work our compliance and regulatory teams are doing daily to enable our continued expansion in the world’s largest regulated markets. We’re immensely excited about taking our first steps in North America and look forward to licensing and launching in more jurisdictions in the region.”

Chief Business Development Officer Martin Collins added: “This Ontario certification is another significant and important step in our corporate expansion plans. It fits perfectly with our stated aim of growing our regulatory footprint and we very much look forward to continuing forward on this path.”

Soft2Bet is also actively working to obtain a licence in New Jersey and continue its expansion in the Americas. This activity comes after the group obtained B2C licences in Italy, Greece and Romania in 2023.

 

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Boxes

Hacksaw Gaming and DraftKings Score Again in Ontario

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2023 saw Hacksaw Gaming go live in West Virginia and New Jersey and now we have made our long-awaited entry in Ontario, Canada. Securing this trio has hit new heights and hopes for further successes throughout the rest of this year.

DraftKings Casino entered the iGaming market in Ontario in May of 2022 and partnered with Hacksaw Gaming in the back end of the same year. As Ontario’s regulated iGaming market only went live in April of 2022, the pair have given an outstanding performance with effective launch strategies and expansive footing in North America.

Apart from gaining an unprecedented reach across regulated markets, the mobile-friendly format of Hacksaw Gaming games can be visited on phone or tablet via the DraftKings Casino app. Boasting an impressive online casino’s selection of over 300 games, DraftKings now welcomes Hacksaw Gaming favourites such as Chaos Crew, Mines, Omnom and Boxes.

“The benchmarks we have set as a partnership are remarkable and we are ready to take on more challenges continuing into 2024,” the Chief Executive Officer for Hacksaw Gaming, Marcus Cordes, said.

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BetVictor

Exploring Canada’s video Game Market: Survey Insights

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Technology has become a great source of entertainment to many. Video games particularly have garnered interest from all demographics. In Canada, the gaming industry has experienced significant growth, fuelled by increased accessibility to gaming platforms and the growth of online gaming communities.

Statistics indicate that a large percentage of Canadians are engaged in gaming activities, whether it be playing console or PC games, mobile games, or online multiplayer games. The popularity of video games extends beyond leisure pastimes, with many Canadians participating in gaming competitions, attending gaming conventions, and consuming gaming-related content on platforms like Twitch and YouTube.

The number of video game users in Canada reflects how broad the sector is, from mobile games to digital video games, download games and live streaming. In 2024, the gaming sector will see millions of users in each of these categories. Statista projects 13.38 million users for digital video games and 7.35 million users for online games respectively. It estimates that revenue in the Canadian video game market is expected to reach US$3,925.00m in 2024, so it is no surprise to observe the increasing popularity of the sector.

Well-known online casino provider BetVictor has compiled some key points from major surveys detailing the video game market to give further insight into its makeup and potential. The gaming culture in Canada is growing, which means the type of games and genres will grow along with the sector. Statista recently conducted a survey of 1 576 respondents aged 18 – 64 who are avid video game players, with telling results. ​​In December 2023, a survey about preferred video game genres in Canada revealed the top four genres as being Action, Action – adventure, Adventure and casual games accounting for 31% of respondents’ preferences.

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David Winter, Marketing Manager at BetVictor notes that “We’ve seen a steady increase in the popularity of action-themed and adventure-themed slots and many providers are exploring how to expand further into this market.”

The popularity of Action games such as platform and fighting games can be attributed to various factors, such as: social interaction, accessibility and inclusivity, social appeal, and cultural influence. With such a diverse audience, all these factors are crucial to understand the appeal of Action games.

In the digital age, gaming has transcended mere entertainment to become a cornerstone of culture, and nowhere is this more evident than in Canada. From coast to coast, a diverse community of gamers is thriving, reflecting the country’s inclusive spirit and passion for technology. Whether it’s the casual gamer enjoying a quick session on their smartphone or the dedicated enthusiast meticulously building a custom gaming PC, Canada offers a welcome haven for all kinds of gamers.

Diving deeper into the Statista results, Strategy games accounted for 29%. This shows us that players have a strong interest in tactical and decision-making games. While role-playing (RPG) and sports games garnered 22% each, simulation and shooters trailed slightly behind at 21% and 20% respectively.

MMO (massively multiplayer online games), as well as MMORPGs (massively multiplayer online role-playing games) and MOBA (multi online battle arenas) came in at 13% and 8% respectively, representing a significant but niche following. With such a diverse array of preferences, the survey underscores the multifaceted nature of interests among Canadian gamers. It highlights the need for game developers to cater for a wide range of genres and gameplaying styles in the Canadian market.

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From action shooter games to role-playing adventures, the industry has something for every gaming enthusiast in the Canadian market. Overall, the popularity of video games in Canada reflects a growing cultural phenomenon, where gaming has become a mainstream form of entertainment and a significant aspect of modern-day leisure activities.

Statistics anticipate a compound annual growth rate (CAGR) of 7.10% for 2022-2027, resulting in a projected market volume of US$24.52bn by 2027. Canada’s online gaming market is experiencing a surge in popularity, with a surging number of Canadian players engaging in immersive virtual reality experiences.

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