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Media Man News Blog: 31M Americans to Bet on Super Bowl, Gambling Group Estimates
31M Americans to Bet on Super Bowl, Gambling Group Estimates
ATLANTIC CITY, N.J. (AP) — A record 31.5 million Americans plan to bet on this year’s Super Bowl, according to estimates released Tuesday by the gambling industry’s national trade group.
The American Gaming Association forecasts that over $7.6 billion will be wagered on pro football’s championship game set for Sunday.
Both the amount of people planning to bet (up 35% from last year) and the estimated amount of money being bet (up 78% from last year) are new records.
Bettors include people making casual wagers with friends or relatives, entries into office pools, wagers with licensed sportsbooks, and bets placed with illegal bookmakers.
“Americans have never been more interested in legal sports wagering,” said Bill Miller, the group’s president and CEO. “The growth of legal options across the country not only protects fans and the integrity of games and bets, but also puts illegal operators on notice that their time is limited.”
When the Los Angeles Rams and Cincinnati Bengals begin the game Sunday evening in the Rams home stadium, 30 states plus Washington D.C. will offer legal gambling.
Since last year’s game, 45 million additional people will be able to bet on the Super Bowl because their states have legalized sports betting over the past year: Arizona, Connecticut, Louisiana, Maryland, North Carolina, North Dakota, South Dakota, Washington, Wisconsin, and Wyoming.
The association predicted that:
— 18.2 million American adults will place traditional sports wagers online, at a retail sportsbook or with a bookie, up 78% from 2021.
— 18.5 million plan to bet casually with friends or as part of a pool or squares contest, up 23%. The association said there is some overlap among those two groups.
— 76% say it is important for themselves to bet through a legal operator, up 11% from last year.
— 55% plan to bet on the Rams, with 45% backing the Bengals. That contradicts data from numerous individual legal sportsbooks that shows more bets and total money being wagered on Cincinnati thus far.
FanDuel, the official odds provider for The Associated Press, says 59% of spread bets are on Cincinnati to cover the 4-point spread as an underdog. Among moneyline bets that do not involve a points spread, 76% of bets predict the Bengals will win the game outright. Other sportsbooks report similar breakdowns on bets received thus far.
The Super Bowl is also one of the most perilous times of year for people with a gambling problem.
Harry Levant, a public health advocate from Philadelphia and a recovering gambling addict, is an official with the group Stop Predatory Gambling. He said the ongoing wave of sports betting advertising, and numerous incentives to get people to bet, is reminiscent of the tobacco industry’s efforts to get people to smoke and continue to do so.
He said legal sports betting is increasing a public health crisis in America involving problem gambling.
“One out of two people struggling with a gambling problem contemplates suicide, and one out of five will attempt suicide,” he said. “I am one of those one out of five.”
Levant said the rapid rise of in-game betting feeds into a compulsive gambler’s desire for more and faster opportunities to bet.
“No longer is gambling limited to who’s going to win the game,” he said. “Now gambling is on every play. Keep them gambling, keep chasing action.”
There is a national help line for people with a gambling problem, or who think they might have one: 1-800-GAMBLER.
Wednesday, February 09, 2022
Tuesday, February 08, 2022
Media Man News Blog: Wrestling and combat sports news update via Media Man
Wrestling and combat sports news update via Media Man
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Combat sports online portfolio: Media Man Int and Media Man Australia
Pro Wrestling news aka Sports Entertainment via Media Man website network and associates
Media Man News Blog: Man Located After Leaving Vegas Not Knowing He Won Jackpot
Man Located After Leaving Vegas Not Knowing He Won Jackpot
LAS VEGAS (AP) — Nevada gambling regulators say their investigation tracked down an Arizona man who left Las Vegas after a visit last month not knowing he’d won a $229,368 slot machine jackpot.
The machine being played by Robert Taylor malfunctioned due to a “communication error” and neither he nor the Treasure Island Hotel & Casino realized that he’d won a progressive jackpot the evening of Jan. 8, the Nevada Gaming Control Board said Friday in a statement.
The jackpot was confirmed later after a review but Taylor had returned to Arizona by then and the casino was unable to identify him, the board’s statement said.
The board said it then began an investigation and eventually identified Taylor after two weeks of checking surveillance video, conducting witness interviews, studying electronic purchase records and reviewing ride-sharing data.
According to the board, it was important to locate Taylor to ensure he received what was owed to him and to maintain public trust in the casino industry.
Taylor, whose hometown was not released, was notified of his jackpot on Jan. 28 and he planned to collect at the casino this weekend, the board said.
Casino representatives did not immediately respond to a message from The Associated Press seeking additional information.
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