AlphaROC – AI Driven Data Science & Analytics

Sports Betting Goes Mainstream (CZR, DIS, DKNG, FLUT, MGM, PENN, RSI)
  • This past weekend offered a packed slate of marquee sporting events—including the Belmont Stakes, the NBA and NHL Finals, the French Open, and key matchups in Major League Baseball—providing sports bettors with a wealth of opportunities to engage. With 32 states now permitting online and mobile sports betting, the industry’s rapid growth continues. Occam finds that over 30% of adults now participate several times annually or more.
  • Further analysis reveals clear generational differences: nearly 50% of Gen Z adults now place online sports wagers at least a few times per year, recently surpassing Millennials as the most active cohort. While Gen X participation has grown steadily, Gen Z engages at twice the rate.  Meanwhile, just 8% of Baby Boomers currently participate, though adoption in this group has risen 60% over the past several years.
  • Occam will continue to monitor the expansion of online sports betting by age group and across state lines as adoption goes mainstream. Subscribe today to stay ahead of the curve.

550 Broad St, Suite 409, Newark, NJ 07102

©2022 AlphaROC. All Rights Reserved.