• Loading stock data...
Friday, July 26, 2024
Join us this September for Tuned In Request to Attend

Mobile Sports Betting Expected to Eclipse $80B in 2022

  • There was $73.3 billion wagered in the U.S. between January and October.
  • New York had $13 billion wagered in 2022.
Danielle Parhizkaran – USA TODAY NETWORK

U.S. mobile sports betting has reached $80 billion in wagers for 2022 so far, with the record number set to increase as more states give their final figures.

According to a report from Variety Intelligence Platform, there was $73.3 billion wagered using online sportsbooks between January and October — a 98% increase from the same period last year, a 569% increase from 2020, and a 2,268% increase from 2019.

  • November saw $6.3 billion wagered, though the number is incomplete as not all states had their totals at the time of the report. 
  • November’s total is already larger than June, July, and August. 

Five states — including New York — launched online sports betting in 2022. New York had the highest amount wagered in 2022 at $13 billion, surpassing New Jersey’s $8.1 billion. 

At the time of the report, placing an online bet at a sporting event was legal in 25 states and the District of Columbia. More states, including Massachusetts and Ohio, are expected to legalize mobile gaming next year, helping boost the total amount wagered for next year.

Viewership Trends

The report found “a clear link” between bets and engagement, with sports wagering peaking during the NFL season — 67% of those 18 years or older betting on an NFL game were more likely to report increased viewership.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Olympics: Peacock Aims to Redeem Past Coverage Flaws With Ambitious Slate

The NBCUniversal streaming service will offer an unprecedented level of Olympic coverage.

Streaming’s Next Step: Amazon Acquires Rights to WNBA Finals

History could repeat itself when it comes to the move from cable to streaming.

Olympics: Despite Concerns, Star Athletes and Paris Spark Hope

Hope rises for a resurgent event after two pandemic-marred Olympics.

It’s NFL Holdout Season

Key players are still holding in or holding out for contract leverage.
podcast thumbnail mobile
Front Office Sports Today

Olympics Open: What Athletes Can Do With 15 Minutes of Fame

0:00

Featured Today

Teahupo'o Tahiti Surfing

Olympic Surfing Crashes on Tahiti Like a Wave

For Teahupo‘o’s locals, the Olympics are a mixed blessing.
July 24, 2024

The Perfect Storm Propelling ‘EA Sports College Football’ to Early Success

Growing fandom and a long wait have already reaped dividends for EA.
July 22, 2024

The FTC Noncompete Ruling Could Change MMA As We Know It

Fighters could see their options—and earnings—grow.
July 21, 2024

O No Canada: The Next Big Sports Betting Scandal Could Erupt North of the Border

‘It’s open-season for match-fixing up there.’
Jan 7, 2024; Nashville, Tennessee, USA; Jacksonville Jaguars wide receiver Calvin Ridley (0) reacts after scoring a touchdown against the Tennessee Titans during the first half at Nissan Stadium.
July 14, 2024

Without Hard-Line Bans, Pro Athletes and Personnel Will Keep Betting on Sports

Penalties often aren’t stringent or consistent enough to deter banned behavior.
July 19, 2024

Jaguars Sue Ex-Employee for $66.6 Million After Thefts

This could help the Jags avoid suing FanDuel and DraftKings directly.
Sponsored

TopSpin 2K25 Brings the Legends of Tennis to Your Living Room

2K sports is reviving a classic with TopSpin 2K25.
July 10, 2024

Banned Jontay Porter Pleads Guilty in Gambling Case

Porter said he was ‘deeply sorry’ for the gambling scheme.
Mar 15, 2024; Toronto, Ontario, CAN; Toronto Raptors forward Jontay Porter (34) points to a spot as he controls the ball against Orlando Magic center Wendell Carter Jr. (34) during the second half at Scotiabank Arena.
July 3, 2024

Jontay Porter To Receive Federal Criminal Charges in Sports Betting Scandal

The former Raptor received a lifetime NBA ban for sports gambling.
June 23, 2024

ESPN Bet’s Operator Is Reportedly Being Eyed in a Potential Takeover

Boyd Gaming has reportedly approached ESPN Bet partner Penn Entertainment about an acquisition.
June 23, 2024

Sports Betting Money Won’t Bail Out Cash-Hungry College Athletic Departments

Schools are desperate for money, but they won’t be partnering with gambling operators.