TORONTO – B2B gaming technology provider Bragg Gaming Group (TSX:BRAG, OTC: BRGGF) commented today on the record number of online bets placed on Super Bowl LV, held at Raymond James Stadium in Tampa, Florida.
More than US$4.3 billion in bets were expected to be placed on the game, with an unprecedented variety of wagers, ranging from first touchdown to game MVP. More than 7.3 million of these bets were placed online, up 63 percent from last year according to reports from the American Gaming Association. With at-home spectators being asked in many regions to forgo their typical large Super Bowl celebrations in favor of staying at home in small groups and a significantly decreased number of fans at the live game, fans are keeping the excitement in the day by increasing their wagers.
Interest in online betting has never been higher, as states continue to open up regulated betting. 36 million more Americans can now legally bet compared to one year ago, with the addition of Colorado, Illinois, Michigan, Montana, Tennessee, Virginia and Washington, DC.
“We’ve seen an incredible growth in online sports betting over the past year, and we anticipated the huge jump in Super Bowl betting,” said Adam Arviv, CEO of Bragg Gaming. “Fans look forward to this day all season, and although they had to cut back on their group celebrations this year, they made the most of the excitement by placing more online wagers than ever.”
Bragg Gaming Group (TSX:BRAG, OTC: BRGGF) is a next-generation gaming group with cutting-edge technology, leading brands and world-class management expertise, developing into a global gaming force. Formed by a team of gaming industry experts, Bragg’s main portfolio asset is ORYX Gaming, an innovative business-to-business i-gaming platform, product aggregator, casino content, managed sportsbook and managed services provider.
We seek Safe Harbor.