MGM Takes Sports Betting Someplace You Never Expected to See it

The Supreme Court struck down the PASPA, which prohibited sports gambling in most states. Since then, many states have opened up sports books and about two dozen have offered online gambling options. The industry is trying to capture as much of 2021's $57.2 billion in handle and $4.3 billion revenue as possible.

BetMGM announced a partnership with NBC Sports for the 2022 NFL season. The company will be featured on the pre-game and post-match shows and on Football Night in America. Caesars Entertainment has previously committed to spending $1 billion on marketing for its sports betting platform. NBC sports next president Will McIntosh said the partnership will allow the company to engage more fans across multiple platforms.

41% of Americans will spend money on sports this fall. Football is the most popular sport to gamble on. The spenders on average plan to dole out $664 this autumn. The highest spender is those with income of $100,000 or more.

Those with income of $100,000 or more a year plan to spend $931. Those with $50,00 to $74,999 plan $571. People with incomes of less than $35, 000 plan on spending $382.