The Volume Of The Us Sporting Betting Market Until 2021 Will Be $ 2.5 Billion: Union Gaming
The development of the us gambling market may contribute to an increase in operal income from sports betting operations to $ 2.5 billion. Information is contained in a press release union gaming.
According to representatives of the investment company, numerous agreements concluded last year between bookmakers and casino operators will have a tangible impact on an increase in income from sports rates. The predictable term for achieving such a tangible financial result, according to analysts, is two years.
The press release also explains that large companies like mgm helped popularize betting, cooperating with such brands like yahoo sports and buffalo wild wings.
In union gaming, it is believed that this is just the vertex of iceberg. In 2020, in 2020, another 11 states intend to legalize sports betting operations, which impleies at least 11 new partnership agreements. Thus, until 2025, the gambling market can be scaled to $ 8 billion.
The results of the study conducted by transparency market research show that the volume of the us gambling market by 2026 can reach $ 128 billion. The indicator involves joint efforts of all legal types of gambling, market growth is marked at 11.8% in the period from 2018 to 2026.
The report also highlighted the factors that will contribute to the prosperity and scaling of the online segment. First, network gambling during the specified period will be more affordable. Indition, americans will increase revenues. One of the key aspects called by analysts is the increased confidence in electronic payment systems. Accordingly, the betting industry will develop until operators be able to protect the market from kiberat.
The only factor that analysts never managed to predict with accuracy – how soon the states will be able to become part of the regulated market. Currently, sports betting has been legalized in 13 states, even if the forecasts come true and the market will be expanded for another 11 subjects of the federation, another 26 states will remain outside the game.
At the same time, analysts note that if local authorities are not tightened with the legalization, the mark of $ 8 billion will be achieved much faster, and the real indicator of financial successes until 2026 may increase halve.
Recall that the complete legalization of the us sports rates will allow the state treasury annually. Receipts will be $ 400 billion.