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Gambling in the USA

A Record 26 Million Americans Will Wager on Super Bowl LIV

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Approximately 3 million more American adults say they will wager on this year’s Super Bowl than last year, according to new data released today by the American Gaming Association (AGA). The AGA estimates Americans will wager approximately $6.8 billion on the NFL championship game between the Kansas City Chiefs and San Francisco 49ers.

Key findings from the survey, conducted by Morning Consult, include:

  • More than one-in-ten American adults plan to bet on Super Bowl LIV.
  • Of the 26 million Americans who will wager on the Super Bowl, close to 4 million will place a bet in person at a brick-and-mortar sportsbook, a 25 percent increase from last year.
  • Nearly 5 million will place a bet through an online or mobile platform, either through a licensed, legal operator or an illegal offshore book, a 19 percent increase from last year.
  • Millions more will wager with a bookie, in a pool or squares contest, or casually with family or friends.
  • 52 percent say they will bet on the Kansas City Chiefs, while 48 percent will bet on the San Francisco 49ers.

 

“With 14 operational markets and another seven close behind, Americans have never before had so many opportunities to wager on the Super Bowl in a safe and legal manner, and clearly, they are getting in on the action,” said Bill Miller, president and CEO of the American Gaming Association. “With increased visitation to legal sportsbooks, we are successfully drawing bettors away from the predatory illegal market.”

Viewership for NFL games rose five percent in 2019, up another five points from the year before. This is yet another example of how the NFL will earn approximately $2.3 billion annually due to increased fan engagement from sports betting. Previous AGA research found that 75 percent of NFL bettors say they are more likely to watch a game they have bet on, and sports bettors are more interested in the NFL than any other professional sports league.

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“I have absolute confidence that Americans didn’t start betting on sports when the Professional and Amateur Sports Protection Act was overturned,” continued Miller. “What makes this year’s Super Bowl remarkable is that more fans than ever before will have the reassurance that the integrity of their bets on the big game will be preserved. The continued expansion of legal sports betting—to the detriment of the illegal market—truly benefits all stakeholders, from enhanced fan engagement for teams to added tax revenue for state and local economies.”

These findings, along with the AGA’s outlook for sports betting in 2020, will be discussed on a media call today at 11 a.m. ET.

 

Background

  • Since the U.S. Supreme Court overturned the Professional and Amateur Sports Protection Act in May 2018, more than $17 billion has been legally wagered on sports.
  • Fourteen states now offer legal, regulated sports betting, with six more states and the District of Columbia poised to open legal markets in the coming months.
  • AGA research found that more than 38 million American adults planned to bet on the NFL’s 100th season.

 

Methodology

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Morning Consult conducted the online survey on behalf of the American Gaming Association between Jan. 21-22, 2020, among a national sample of 2,200 adults. The data were weighted to approximate a target sample of adults based on age, race/ethnicity, gender, educational attainment, and region. The margin of error is +/-2 percent and greater among subgroups. Bettors include those who expect to place a bet online, with a bookie, with a casino sportsbook, in a pool or squares contest, or casually with family or friends.

 

About the AGA

The American Gaming Association is the premier national trade group representing the $261 billion U.S. casino industry, which supports 1.8 million jobs nationwide. AGA members include commercial and tribal casino operators, gaming suppliers, and other entities affiliated with the gaming industry. It is the mission of the AGA to achieve sound policies and regulations consistent with casino gaming’s modern appeal and vast economic contributions.

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Gambling in the USA

Gaming Americas Weekly Roundup – July 8-14

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Welcome to our weekly roundup of American gambling news again! Here, we are going through the weekly highlights of the American gambling industry which include the latest news and new partnerships. Read on and get updated.

Latest News

The CT Lottery has launched its iLottery platform. Players can participate in the fun of online lottery and their favourite draw games by visiting ctilottery.org or by downloading the CT Lottery mobile app on the iOS platform (Android app to follow next month). The app comes with exciting new features that allow players to personalise their lottery experience, such as saving favorite numbers and wagers, grouping preferred games for easy purchasing and setting limits for wagering and time spent on the app.

Talking Stick Resort, an enterprise of the Salt River Pima-Maricopa Indian Community (SRPMIC), announced that it was named “Best Casino” in azcentral.com’s 2024 Community Choice Awards. The casino-resort was nominated along with three other casino properties in the Valley by the public as part of the East Valley, Best of the Desert portion of the awards programme.

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International Game Technology PLC announced that IGT PlayDigital recently added the highly anticipated Prosperity Link game to its iGaming content library in the US. This development makes the widely recognised casino game available for commercial iGaming operators in Pennsylvania, Michigan, New Jersey, Connecticut and West Virginia.

Raketech has announced that the Company has reached an agreement to divest its non-core US advisory business. The total sale proceeds amount to USD 2.25 million settled partially on closing and via an ongoing revenue share agreement.

Partnerships

NetBet Mexico and popular online gaming provider Octoplay have announced an agreement that will make Octoplay’s games available for NetBet Mexico customers to enjoy. Despite only being founded in 2022, Octoplay has rapidly established itself as an influential member of the iGaming industry, developing multiple entertaining and popular slots such as Lollicat, Eternal Clash and Shaolin Panda Chaos Reels – which are among the flagship new Octoplay titles being made available to NetBet Mexico customers.

SCCG Management, a leading global advisory firm in the gaming industry, has announced a sponsorship partnership with Blurify, an award-winning expert in software development with a niche focus on the iGaming sector. This collaboration aims to leverage SCCG’s extensive client partner ecosystem and deep market insights with Blurify’s technological expertise to explore new opportunities and drive innovation in the gaming industry.

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International Game Technology PLC has announced that its subsidiary, IGT Global Solutions Corporation, has signed a seven-year contract with the Colorado Lottery to install all-new world-class products and solutions. The contract is expected to run through July 12, 2032, and includes seven, one-year extension options. As part of the new contract, the Colorado Lottery will receive IGT’s Aurora central system, replacing the current lottery central system.

JCM Global (JCM) has installed its award-winning iVIZION bill validator and ICB Intelligent Cash Box system at the historic Fair Grounds Race Course & Slots in New Orleans. JCM upgraded its UBA bill validator to iVIZION and installed ICB on each of the 620 slots at Fair Grounds. Previously, JCM installed its GEN5 Thermal Printer at Fair Grounds, and now with iVIZION and ICB, the path is open for the property to take full advantage of JCM’s FUZION technology in the future.

The post Gaming Americas Weekly Roundup – July 8-14 appeared first on European Gaming Industry News.

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Dr. Kelley Klein

Vermont Department of Mental Health Launches Problem Gambling Support Site

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The Vermont Department of Mental Health has launched a new website designed to assist individuals and families affected by problem gambling. The new site, VTGamblingHelp.org, serves as a valuable resource for those seeking immediate assistance and support for problems related to gambling, as well as those looking to promote healthy and responsible gaming behaviors.

Over 11,600 Vermont residents are estimated to be struggling with a gambling problem. VTGamblingHelp.org provides new and vital support services to Vermont Lottery and Vermont Mobile Sports Wagering players. Key features of the website include:

  • 24/7 Helpline: Immediate assistance through the problem gambling helpline, 1-800-GAMBLER, staffed by trained professionals.
  • Live Chat: A live chat feature available 24 hours a day, 7 days a week, staffed by problem gambling peer specialists.
  • Voluntary Self-Exclusion Program: A program allowing mobile sports wagering players to opt out of playing for self-selected periods.
  • Recognizing the signs of problem gambling: Tools to help individuals assess their gambling behavior and determine if they need help.
  • Treatment Options: Access to referrals for various treatment options available in Vermont, including counseling and support groups.

“Problem gambling can deeply affect mental health, finances, and family dynamics. This website offers a space for individuals to find the resources and care they need to navigate problem gambling behavior or learn about gaming responsibly,” said Elliott McElroy, the newly appointed DMH Responsible Gaming Program Coordinator.

Vermont treatment providers can use VTGamblingHelp.org “For Providers” page to learn more about upcoming free trainings to become certified problem gambling specialists. The Vermont Problem Gambling Clinical Training offers a free 10-session, 30-hour course to develop skills in gambling disorder assessment, treatment, and recovery support. Participants can earn up to 30 Continuing Education Units (CEUs) – 3 CEUs per live class attended – while learning from award-winning experts.

“As millions of Americans grapple with gambling addiction and millions more face the risk, these services are vital in promoting responsible gaming practices within our communities and providing support to individuals affected by problem gambling and gambling addiction. We are thrilled to have launched this site and optimistic about the resources it will provide to Vermonters,” DMH Medical Director Dr. Kelley Klein said.

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Detroit casinos

Detroit Casinos Report $105.44M in June Revenue

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The three Detroit casinos reported $105.44 million in monthly aggregate revenue (AGR) for the month of June 2024, of which $104.55 million was generated from table games and slots, and $889,014 from retail sports betting.

The June market shares were:

  • MGM, 46%
  • MotorCity, 30%
  • Hollywood Casino at Greektown, 24%

Monthly Table Games, Slot Revenue, and Taxes

The casinos’ revenue for table games and slots for the month of June 2024 increased 2.6% when compared to the same month last year. June’s monthly revenue was 6.1% lower when compared to the previous month, May 2024. From Jan. 1 through June 30, the Detroit casinos’ table games and slots revenue increased by 0.4% compared to the same period last year.

The casinos’ monthly gaming revenue results were mixed compared to June of last year:

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  • MGM, up 3.6% to $48.71 million
  • MotorCity, down 3.1% to $31.47 million
  • Hollywood Casino at Greektown, up 9.0% to $24.37 million

In June 2024, the three Detroit casinos paid $8.5 million in gaming taxes to the State of Michigan. They paid $8.3 million for the same month last year. The casinos also reported submitting $12.4 million in wagering taxes and development agreement payments to the City of Detroit in June.

Monthly Retail Sports Betting Revenue and Taxes

The three Detroit casinos reported $8.4 million in total retail sports betting handle, and total gross receipts were $894,867 for the month of June. Retail sports betting qualified adjusted gross receipts (QAGR) were down by 52.2% in June when compared to the previous month, May 2024.

June QAGR by casino was:

  • MGM: $154,265
  • MotorCity: $460,693
  • Hollywood Casino at Greektown: $274,056

During June, the casinos paid $33,605 in gaming taxes to the state and reported submitting $41,072 in wagering taxes to the City of Detroit based on their retail sports betting revenue.

Fantasy Contests

For May 2024, fantasy contest operators reported total adjusted revenues of $806,636 and paid taxes of $67,757.

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