As of June 2023, 33 US states allow legal sports betting, and most other states have the framework in place to take advantage of the growing demand for online sports betting across the country. . The increasing number of sports betting licenses in the United States presents lucrative opportunities for business growth in both B2B and B2C markets. In June 2023, Bet365 added Iowa to its sportsbook portfolio, which already includes Virginia, Ohio, New Jersey, and Colorado. This comes after Fanatics announced it would acquire BetPoint's US assets for $150 million. These trends suggest a strong desire for market share in US sports betting.
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- 24 million Americans expected to bet online by 2024
- 19% of Americans have placed a sports bet in the past 12 months
- $45 billion is bet on sports every year in the US
- DraftKings is America's most popular sports betting site
Experience networking in paradise at AASBS this June
Sports betting is a rapidly changing industry in the United States, with regulations, technology, and business opportunities changing rapidly. Partnerships, knowledge sharing (especially when dealing with regulatory change) and collaboration are essential to capitalizing on business opportunities in any market. With diverse stakeholders, state-specific compliance requirements, and an abundance of innovative products, having inside knowledge is essential to achieving maximum success in this market.
Registration deadline for All American Sports Betting Summit 2023 is fast approaching! The event will host a “Welcome to Paradise” networking reception on June 27, 2023. This exciting networking opportunity provides the ultimate platform to foster relationships and partnerships that will drive growth in the US market. There are only two weeks left to register, so secure your spot and connect with industry giants like FanDuel, WagerWire, Bloomberg Intelligence, Caesars Entertainment, Catena Media, DraftKings, and more. This high-class event is a must-see! Register for AASBA 2023 and be a central figure in shaping the future of sports betting in the United States (https://www.eventus-international.com/aasbs)
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iGG Day 2 Summary: Summit ends successfully
iGG 2023 starts tomorrow!
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