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Revenue holds stron...
 
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Revenue holds strong in US sportsbook market

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Andie Edwards
(@andiespeaks)
Eminent Member
Joined: 8 months ago
Posts: 34
Topic starter  

I've been reading up on the latest gambling reports and the month on month numbers are not as good (which is expected anyways). But the year-on-year increases especially in revenue is great. Some states like Colorado are reporting growth in revenue. This is very promising because in 2023, i remember the American Gambling Association saying that they hit a new record with the 2023 revenue. From 2022 to 2023, there was a 44.5% jump in revenue, so I am looking forward to seeing how the jump from 2023 to 2024 will be.

I appreciate all of the help I can get as I work my way to run a long-term and successful business. From the day that I learned how to open a sportsbook to now, there is definitely a lot I now know from experience. It does not mean I will stop learning, though.


   
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Brian
(@brian)
Reputable Member
Joined: 4 years ago
Posts: 167
 

year-on-year growth will definitely increase, but I wonder how much seasonal events will affect this. Usually numbers during the World Cup and the Olympics tend to be different from the normal trends.

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Gary Robinson
(@ann4phi2)
Member Admin
Joined: 4 years ago
Posts: 146
 

We should start getting August reports in the next few days. by then, we'll see if the Olympics and Euro soccer has helped boost betting in the US this summer.

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