GITNUX MARKETDATA REPORT 2024

Sportsbook Statistics: Market Report & Data

In this post, we will explore a series of intriguing sportsbook statistics from various regions as of 2021. From the impressive figures in Colorado to the record-breaking numbers in New Jersey and the advancements in states like Nevada and Pennsylvania, we delve into the evolving landscape of sports betting across different states and countries. Let’s dive into the data and uncover the latest trends in the sportsbook industry.

Statistic 1

"As of 2021, Colorado has seen over $2 billion in sportsbook action."

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Statistic 2

"New Jersey saw a record $996 million in sportsbook gambles in Dec 2020."

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Statistic 3

"Nevada sportsbooks won $61.8 million from bettors in Dec 2020, a 30.9% increase."

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Statistic 4

"Sportsbooks in Pennsylvania earned $34.1 million in gross revenue in Dec 2020."

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Statistic 5

"Tennessee sportsbooks reported $131 million in handle in their first month of online betting in 2020."

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Statistic 6

"Michigan sportsbooks handled nearly $150 million in sports wagers in February 2021."

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Statistic 7

"Iowa saw sportsbook revenues of $13.5 million in January 2021."

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Statistic 8

"Arizona lawmakers have approved legislation to allow sportsbooks in the state."

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Statistic 9

"As of February 2021, sportsbooks in Virginia have generated $58.9 million in gross revenue."

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Statistic 10

"New York is set to launch mobile sports betting with four sportsbooks to be licensed."

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Statistic 11

"Oklahoma lawmakers have approved tribal gaming compacts that include sportsbooks."

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Statistic 12

"Canada has decriminalized single-event sports betting, opening the door for sportsbooks."

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Overall, the sports betting industry continues to exhibit notable growth and interest across various states and countries, as indicated by the substantial amounts of money flowing through sportsbooks in Colorado, New Jersey, Nevada, Pennsylvania, Tennessee, Michigan, Iowa, Virginia, New York, and Oklahoma. Additionally, the recent legislative changes in Arizona and Canada highlight the ongoing expansion and legalization of sports betting activities. This data underscores the significant economic impact and potential future opportunities within the sports betting sector.

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