NYSafeBets’ Post

Just over $4.1 billion was bet on sports in Ohio through June, up from $3.8 billion at this same time in 2023, according to compiled data from the Ohio Casino Control and Ohio Lottery commissions. Mobile sports betting apps account for 97% of the bets and 98% of all revenue. Physical betting lounges took in just over $101 million of bets and reported $7 million in revenue. While the Ohio Lottery’s betting kiosks account for just $6 million of bets, and just under $600,000 in revenue. Sports gambling revenue is taxed at 20%. #OhioGambling #SportsBetting #GamblingTrends

⚽️What generates more revenue in 2024? Betting or gambling?🎰 Over the past few years, our company has grown tenfold, and the sports betting industry has changed a lot. And today I want to share with you my observations of important changes that happened during this time: 1. The number of betting channels has grown a lot so the competition became fierce. 2. The level of trust to betting channels has dropped significantly, but the cost of one subscriber has only grew. 3. The average % of profit on RevShare model from betting turned out to be much lower than from casino if we take the same amount of deposits in both cases. A few other factors also caught my attention: 4. It's much harder to offer something new and unique to a player if the promotion is focused on sport betting only. Minor changes in odds or the addition of small markets no longer surprise anyone. However, unique games available only on one app is a whole other thing. Just another reason to appreciate our 1win games 💙 5. Our 1win crash games are not even considered as casino by many - they just look fun to play. So the reality is that main revenue of our product is generated by casino - more than 85% at that! Does this mean that sport betting is no longer relevant and you should only promote casino? Of course not! Here is why: 1. In a number of countries betting is still quite popular and the cost of one subscriber remains reasonable with the right approach. 2. It may always turn out that sport betting is exactly what the significant part of your audience needs. And if a user is hesitant to try one of our crash games, why not offer him to place a bet on an upcoming match? If a partner promotes only casino, there will still be some people among his audience who prefer sport betting more, and vice versa of course. So what's the conclusion? Always check what your audience really wants to see. If you are promoting only sport betting, try to make a few posts about our crash games, for example. And then do a poll on the channel whether you should keep the mix of betting and casino or create a separate channel for casino content. If the majority votes for the separate channel, then feel free to create it! Have a productive week and high revenue 🧚♀️ #affiliatemarketing #iGaming #directadvertiser #1win #CPA #RevShare #gambling #betting #offer #aso #ppc

Just over $4.1 billion was bet on sports in Ohio through June, up from $3.8 billion at this same time in 2023, according to compiled data from the Ohio Casino Control and Ohio Lottery commissions. Mobile sports betting apps account for 97% of the bets and 98% of all revenue. Physical betting lounges took in just over $101 million of bets and reported $7 million in revenue. While the Ohio Lottery’s betting kiosks account for just $6 million of bets, and just under $600,000 in revenue. Sports gambling revenue is taxed at 20%. #OhioGambling #SportsBetting #GamblingTrends

How to Bet on Caesars Sportsbook (A Complete Guide) Sports betting has surged in popularity, and Caesars Sportsbook has emerged as one of the leading platforms for placing bets on various sports events. Known for its user-friendly interface, competitive odds, and exciting promotions, Caesars has become a top choice for both beginner and seasoned bettors. Whether you’re looking to bet on football, basketball, or a niche sport, Caesars Sportsbook provides an expansive array of options to cater to every preference. Watch live sports onlineWatch live soccer onlineIf you’re new to the platform or exploring the idea of online sports betting, this guide is your ultimate resource. We’ll walk you through the process of setting up your account, navigating the platform, understanding betting options, and placing your first wager. From helpful tips to maximize your experience to insights into the best features Caesars offers, this article covers it all. Ready to dive into the action and make informed bets? Let’s get started! How to Bet on Caesars Sportsbook Below is a complete steps to guide you on how to bet on Caesars sportsbook 1. Getting Started: Creating Your Account Before diving into betting, you need an account on Caesars Sportsbook. Signing up is straightforward: 1. Visit the Website or Download the App: Start by navigating to the official Caesars Sportsbook website or downloading the app from your device’s app store. 2. Register Your Account: Provide your personal details such as name, date of birth, email, and location. Ensure your information is accurate to avoid verification issues. 3. Verify Your Identity: Caesars adheres to strict gambling regulations, so you’ll need to verify your identity using a government-issued ID. 4. Deposit Funds: Use one of the many deposit methods available, including credit/debit cards, bank transfers, or digital wallets, to fund your account. 2. Claiming Welcome Bonuses One of the highlights of Caesars is its enticing welcome bonuses. New users are often eligible for deposit matches or risk-free bets. Carefully read the terms to understand wagering requirements and eligible games before using the bonus. Click here to read more https://lnkd.in/dY2kFZjg

Though promotional spend was up 2.8% compared to last year, it only represented 2.9% of the $534.9 million mobile handle compared to the 4.2% of the $364.3 million wagered digitally in August 2023. Some of that can be attributed to fewer mobile operators in the marketplace as there are 14 sportsbooks taking bets now compared to 18 last year. #GamblingTrends #OhioGambling #SportsBetting

As March Madness nears, the competition among online sports betting platforms is not just about the odds. It's about delivering an exceptional user experience that keeps customers coming back for more. At unitQ, we believe in going beyond the game. Our latest blog post, "A slam dunk playbook for sports betting apps to boost March Madness revenue with unitQ," dives deep into how sports betting apps can elevate their customer experience and stand out in a crowded market. https://lnkd.in/gFD3BXCg #SportsBetting #MarchMadness #UserExperience #CustomerFeedback #unitQ #TechInnovation #OnlineGaming

Though promotional spend was up 2.8% compared to last year, it only represented 2.9% of the $534.9 million mobile handle compared to the 4.2% of the $364.3 million wagered digitally in August 2023. Some of that can be attributed to fewer mobile operators in the marketplace as there are 14 sportsbooks taking bets now compared to 18 last year. #GamblingTrends #OhioGambling #SportsBetting

Arizona's Sports Betting Market Shows Strong Growth in Early 2024: In February 2024, Arizona's sports betting sector exhibited substantial growth, with gambling revenue from sports rising over 50% compared to the same period last year. The total handle reached $637 million, with online wagers making up the majority. This performance reflects a growing trend and the strategic positioning of major platforms like FanDuel and DraftKings, which continue to lead the market. Notably, FanDuel reported a handle of $230.3 million for the month, demonstrating its dominance in the region. Read the full article here: https://lnkd.in/gyKNjRFD #SportsBetting #GamblingRevenue #ArizonaMarket #BusinessGrowth #MarketTrends

Prime Sportsbook has quietly entered the bustling sports betting scene in New Jersey, marking its soft launch on Easter Sunday, March 31, and offering another avenue for Garden State bettors. As of now, Prime Sportsbook New Jersey is accessible solely via web browsers, with the anticipation of iOS and Android versions soon becoming available in the state. The debut of Prime Sportsbook on March 31 brings the tally of approved online New Jersey sports betting operators to 19. It operates under the sports wagering license of Ocean Casino Resort in Atlantic City, positioning itself as an online “skin” in the Garden State. According to information gleaned from the sportsbook’s website, state gambling regulators mandate two additional soft play days on Monday, April 1, and Tuesday, April 2, as part of the launch process. Prime Sportsbook, which is already operational in Ohio, also has plans to extend its reach to Kentucky with an online sportsbook product. While joining an already saturated market, Prime Sportsbook aims to provide a distinctive betting experience. The company’s executive chairman, Joe Brennan Jr., emphasized their willingness to accept bets from “sharp” bettors, offer reduced vig, and accommodate significant wagers, a departure from certain practices observed among established operators. Read the full article ➡ https://lnkd.in/e-8DKVkt #newjersey #usa #gambling #gamblingnews #sports #sportsbetting