Gambling on Super Bowl to Decline This Year
A clerk at the Freehold Raceway in Freehold, N.J. counted money in the sports betting lounge. Due to the ongoing pandemic, and the resulting financial situations of many Americans, betting is supposed to fall dramatically this year (photo courtesy AP News).
A report by the AGA predicts that the number of people planning to bet on the Super Bowl will decrease this year, mostly due to the fact that many have not returned to their work setting, as well as decreased numbers in other types of betting such as horse racing and casinos. However, reports also predict the rapid growth of legal online sports betting.
The AGA report says 23.2 million Americans plan to bet on the game, which is a decline of 12% compared to last year; the $4.3 billion they are projected to wager is down 38% from last year. With that being said, online betting is up 63%. DraftKings, one of the most popular online sports betting apps, expects huge numbers due to the intense nature of the game. “Let’s face it, this matchup is about as pretty as you can get: the defending champions against a guy who’s been there before,” Johnny Avello, head of DraftKings, said.
Hi, I'm Mallory Putnam and I'm a junior this year. This is my first year in SPUB, which I am very excited for all of the new opportunities it brings. I...
