<U.S. Sports Gambling
Nevada sports books.
This article has a graph showing the amount taken in sports bets in
Nevada for the years 1982 to 2001. Source: Christiansen Capital
Advisors, LLC.
1982 ? 2001.
1982 - $415 million
1983 - $692 million
1984 - $929 million
1985 - $886 million
1986 - $899 million
1987 - $1.01 billion
1988 - $1.31 billion
1989 - $1.4 billion
1990 - $1.67 billion
1991 ? $1.87 billion
1992 - $1.80 billion
1993 - $2 billion
1994 ? $2.13 billion
1995 - $2.4 billion
1996 - $2.48 billion
1997 - $2.43 billion
1998 - $2.26 billion
1999 - $2.47 billion
2000 - $2.32 billion
2001 - $2.04 billion
http://www.ateonline.co.uk/default.asp?showid=14&pageid=1480
1999
Nevada sports books handled $2.5 billion in bets in 1999. Online bets
were $14.3 billion.
http://www.gamblingmagazine.com/articles/48/48-494.htm
2000
According to the American Gambling Association, in 2000, $2.3 billion
was legally wagered in Nevada?s sports books. The National Gambling
Impact Study commission estimated that illegal wagers were $380
billion annually.
http://www.americangaming.org/Industry/factsheets/issues_detail.cfv?id=16
2002
Nevada sports books took $1.9 billion in sports bets.
This is estimated to be between 1 and 2 percent of the total amount
wagered on sports every year.
http://www.casino-associates.com/gambling-news/2003/12/9/a-30562.php
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Oregon
Sales of football parlay cards are about $9.9 million per year.
http://www.delawareonline.com/newsjournal/local/2003/04/16casinospushspor.html
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Individual sports.
The betting in Nevada breakdown as follows:
Professional and college football ? 39%
Professional and college basketball ? 34.5%
Baseball ? 23%
Hockey ? 2%
Boxing, golf and tennis ? 1.5%
Source: Sport Betting History by Dillon McNuggets, Gambling Tribune.
http://www.gambletribune.org/article166.html
Superbowl.
According to Christiansen Capital Advisors, between $375 and $400
million will be bet on the Super Bowl through online sports books in
2003 up by $50 to $75 million from 2002. Land -based sports books in
Las Vegas took $71.6 million in bets on the Super Bowl in 2003.
According to BetonSports.com, the average Super Bowl bet per client is
$111. The average bet during playoff games is $55.
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=SVBIZINK2.story&STORY=/www/story/01-22-2004/0002094279&EDATE=THU+Jan+22+2004,+11:13+AM
College sports.
A 90?s study found that 25.5% of college athletes had gambled money on
college sporting events other than one they played in. 3.7% had
gambled on a game in which they played.
In 2002 Nevada sports books won £110 million. Football revenue was $50
million, basketball $37 million. College sports accounts for about
45%, therefore revenue from college sports was $40 million.
http://www.bodog.com/articles/2003/Insight-0529.jsp
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Illegal gambling.
According to this Forbes.com article, the total illegally gambled on
sports betting is estimated to be between $80 billion and $380
billion.
http://www.forbes.com/2003/01/27/cx_aw_0127gambling.html
This article estimates the legal and illegal amount bet on college
sports at $1 billion to $3 billion.
http://www.bodog.com/articles/2003/Insight-0529.jsp
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Forecasts
According to Sports Betting Stats, the sports betting industry is
predicted to reach $10 billion by 2006.
http://www.sportsbettingstats.com/betting101/introductionmain.asp
By 2006 - $6 to $10 billion.
http://www.casinocitytimes.com/news/article.cfm?contentID=140557
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Online gambling.
According to the Indianapolis Star, Americans wagered $27 billion on
online sports betting in 2002.
http://www.enquirer.com/editions/2003/01/26/spt_wwwsptcolgamb26.html
Gross online sports wagering for 2003 will reach $63.5 billion.
Source: Christiansen Capital Advisors, LLC.
http://www.usatoday.com/money/covers/2002-03-29-online-bets.htm
This CNN article has a graph showing projected online wagers worldwide
up to 2010 - $18.4 billion (source: Christiansen Capital Advisors).
Although the figures are supposedly the amount wagered, they appear to
be gross revenue (bets less winnings).
http://money.cnn.com/2004/03/26/commentary/column_sportsbiz/sportsbiz/
According to Merrill Lynch, gross gaming revenues for online betting
will reach $48 billion by 2010.
http://www.gamblingmagazine.com/articles/starnet/starnet152.htm
According to the Online Gambling Research and Markets Group, online
gambling will reach $125 billion by 2015.
http://www.gamblingmagazine.com/ManageArticle.asp?C=500&A=10546
Merrill Lynch predict that online gambling will grow to $177 billion
by 2015. $100 billion will come from online sports betting.
http://66.102.11.104/search?q=cache:ig472u3x-JwJ:www.dentonwildesapte.com/assets/O/OnlineGambling_Oct2001.pdf+%22sports+betting%22+billion+%22by+2015%22&hl=en
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Frequency of sports betting amongst Americans.
According to the article, Sports Betting: Past, Present and Future by
Jeremy Martin, one in four Americans bets on a sporting event at least
once a year and 15 percent of the U.S population bets on sports
regularly.
http://www.osga.com/artman/publish/article_1924.shtml
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<Additional links:>
<National Gambling Impact Study.>
<http://govinfo.library.unt.edu/ngisc/reports/fullrpt.html>
<New Jersey is currently trying to legalise sports betting.>
<http://www.lasvegassun.com/sunbin/stories/business/2004/may/04/516797949.html>
<Search strategy:>
<"sports betting" billion "the us">
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<"gross online sports wagering">
<://www.google.com/search?hl=en&lr=&ie=UTF-8&q=%22gross+online+sports+wagering%22>
<"sports betting" billion "by 2015">
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<"nevada's sports books" billion>
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<Hope this helps.> |
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