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Source/Full Story - GamingAmerica'
Super Bowl LX, also known as Super Bowl 60, will be the most wagered-on sporting event in the United States this year. However,
industry experts predict a decrease in betting for the game between the New England Patriots and the Seattle Seahawks.
Super Bowl 60 Betting: What the Analysts Project
Citizens Equity Research analyst Jordan Bender released a study on legal wagering for Super Bowl 60.
Between online and in-person wagering, Bender’s research projects that legal Sports Betting on the Super Bowl will be
down 2% year-over-year at $1.5 billion.
The decline might come as a surprise to some, knowing that the Big Game is a huge day for expert and novice gamblers.
One bettor already placed a $1.1 million wager on Super Bowl LX.
Since Super Bowl LIX, Missouri has been the only territory added to the list of legal Sports Betting states. Citizens predict
operators’ promotional investment and spending to decline on a year-over-year basis.
“Overall, the tough hold comp and handle down YoY imply “in line” gaming margins could result in gaming revenue
down approximately 35% for the Super Bowl,” Bender wrote.
Reasons for the Decrease in Sports Betting for Super Bowl 60
Matchups matter, especially in the Super Bowl.
Football fans will be intrigued to watch the game between the Patriots and the Seahawks.
For New England, the team is led by second-year quarterback Drake Maye, who is the second-youngest quarterback
(23 years and 162 days) to start a Super Bowl, behind Dan Marino (23 days and 127 days). If the Patriots win,
Maye becomes the youngest quarterback to start and win the Super Bowl.
For Seattle, it’s all about redemption. The Seahawks lost to the Patriots in Super Bowl XLIX after Malcolm Butler intercepted
Russell Wilson at New England’s 1-yard line. Plus, a win for Sam Darnold would complete his arc from first-round bust to Super Bowl champion.
Super Bowl LX, also known as Super Bowl 60, will be the most wagered-on sporting event in the United States this year. However,
industry experts predict a decrease in betting for the game between the New England Patriots and the Seattle Seahawks.
Super Bowl 60 Betting: What the Analysts Project
Citizens Equity Research analyst Jordan Bender released a study on legal wagering for Super Bowl 60.
Between online and in-person wagering, Bender’s research projects that legal Sports Betting on the Super Bowl will be
down 2% year-over-year at $1.5 billion.
The decline might come as a surprise to some, knowing that the Big Game is a huge day for expert and novice gamblers.
One bettor already placed a $1.1 million wager on Super Bowl LX.
Since Super Bowl LIX, Missouri has been the only territory added to the list of legal Sports Betting states. Citizens predict
operators’ promotional investment and spending to decline on a year-over-year basis.
“Overall, the tough hold comp and handle down YoY imply “in line” gaming margins could result in gaming revenue
down approximately 35% for the Super Bowl,” Bender wrote.
Reasons for the Decrease in Sports Betting for Super Bowl 60
Matchups matter, especially in the Super Bowl.
Football fans will be intrigued to watch the game between the Patriots and the Seahawks.
For New England, the team is led by second-year quarterback Drake Maye, who is the second-youngest quarterback
(23 years and 162 days) to start a Super Bowl, behind Dan Marino (23 days and 127 days). If the Patriots win,
Maye becomes the youngest quarterback to start and win the Super Bowl.
For Seattle, it’s all about redemption. The Seahawks lost to the Patriots in Super Bowl XLIX after Malcolm Butler intercepted
Russell Wilson at New England’s 1-yard line. Plus, a win for Sam Darnold would complete his arc from first-round bust to Super Bowl champion.
