Casino City's iGaming Pocket Directory - 2022 Edition

the sports betting wagers were on in-play, as did Spain (55.92%). The in-play wager isn’t quite as popular in the U.S., but it’s beginning to gain traction. A web panel discussion at SBC Digital North America had PointsBet’s Head of Trading, Jay Croucher, saying how the operator took in-play wagering at roughly 35% in the U.S. in 2019. In 2021, that mark has already grown to 50% and they plan on it mirroring the European market above 70% in another two years. Meanwhile, eSports is blossoming into a mature industry through increasing awareness, viewership, platforms and more. Global gaming revenue continues to grow as gamblers shifted spend away from the traditional betting areas due to the impact of the coronavirus pandemic on live sports. The optimistic numbers are surely boosted by the Nevada Gaming Control Board issuing a notice of approval permitting sportsbooks to offer wagers on eSports events. In 2021, the global eSports market was valued at just over $1.08 billion, an almost 50% increase from the previous year, according to Statista. Of that revenue stream, $833.6 million is through media rights and sponsorship, according to Newzoo. Any fears regarding the fantasy sports market shrinking as legalized sports betting grew in the U.S. have quieted. The product is evolving with single-game DFS, blending traditional sports betting with fantasy sport formats. The global fantasy sports market is expected to grow at a CAGR of 14.7% over the forecast period 2021 to 2025 after hitting an expected $22.3 billion in ‘21, according to The Business Research Company, and the Fantasy Sports Trade Association said that there were 59.3 million fantasy sports players in the U.S. in 2019. The same report cited 20 million players across India, with an estimate of 150 million players by 2022 as internet penetration deepens. As for the debate about the crossover between fantasy sports players and sports bettors, the jury is still out. However, the Fantasy Sports & Gaming Association reported that 79% of fantasy players said there was “at least a good possibility” they would bet on sports if and when a bill is passed to legalize it in their state. Fears that one might cannibalize the other appear quashed, while the converse proves true. These complementary industries may feed off each other and help the global fantasy sports market reach the $38.6 billion estimate at the end of 2025 that was reported in 2021. With the sports betting world orbiting events, pinpointing revenue opportunities becomes easier for operators, affiliate programs and affiliates to do. Dates for sporting events are often set over a year in advance, which leaves ample time to strategize and implement plans tailored to each one. 60 Sponsored by Casino City’s iGaming Pocket Directory sports betting

RkJQdWJsaXNoZXIy NDIzMTA=