Casino City's iGaming Pocket Directory - 2022 Edition

north of $80 billion with a revenue close to $6 billion. While Nevada has long been the mecca of sports betting in the U.S., it has been surpassed as the market leader. In October 2021, New Jersey’s sports betting handle eclipsed $1.3 billion, the largest monthly handle in the history of the U.S. In January 2022, the state of New York launched mobile sports betting and in the first 25 days sportsbooks accepted more than $1.1 billion in bets. The future appears bright in the U.S. for operators and punters alike, as Morgan Stanley estimates that sports wagering will boast gross win figures reaching $15 billion annually by 2025 while MGM Resorts International foresees 38 states being live by then. Mobile accessibility for sports wagering is a critical piece of infrastructure for betting, with advancements in geofencing and regulation protocol helping ensure consumer safety outside the casino. The online/mobile handle for New Jersey sportsbooks during the record-breaking month of October 2021 was $1.179 billion, with the strong numbers aided by five full weekends falling in the month. Mobile sports betting routinely represents more than 90% of the total handle in New Jersey. In the same October 2021 timeframe, Pennsylvania reported that nearly 92% of its sports betting handle came through online channels. And then there’s Virginia, one of the few states with online-only wagering, used the month to break the $2 billion total handle mark in a record-breaking nine months of action. As the market continues to mature and technological advances are made, the convenience of a sportsbook in one’s hand will solidify its standing. Conveniently making bets in one’s hand mirrors the increasing trend of in-play wagering. The European Gaming and Betting Association reported that 55% of 59 Sponsored by Visit iGamingPocketDirectory.com for more information. sports betting While Nevada has long been the mecca of sports betting in the U.S., it has been surpassed as the market leader. In October 2021, New Jersey’s sports betting handle eclipsed $1.3 billion, the largest monthly handle in the history of the U.S.

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