The impact sports betting legalisation is expected to make on the US economy [Infographic]
For the past 25 years, betting legally on sports was possible in only one US state.
As reported in May this year, the US Supreme Court ruled against the Professional and Amateur Sports Protection Act, known as PASPA, allowing every state to decide on whether they would legalise sports betting or not.
The team at NJgames.org has prepared this infographic that explores the impact sports betting legalisation is expected to make on the US economy
Taking into account that the gambling industry in the United States has already generated around $208 billion for 2018, sports betting legalisation is expected to increase this sum even further.
Jobs are expected to increase due to the sports betting operations and the infographic will provide an estimated number of both direct and indirect jobs that will open with the introduction of sports betting.
Another important section to consider is the monetisation of real-time sports data.
The two leading sports data companies are Sportradar and Stats – Will these companies stay on top of real-time sports data? What are the future trends that could possibly replace them? At the time being, Stats plans on investing in Artificial Intelligence, but the blockchain technology is also coming into play.
Considering the ever-growing popularity of esports, the infographic will also provide invaluable information about the potential revenue esports betting could generate in the next couple of years.