Online bets skyrocketing up by 63% with no signs of slowing
TORONTO, February 9, 2021 – B2B gaming technology provider Bragg Gaming Group (TSX:BRAG, OTC: BRGGF) (“Bragg” or the “Company“) commented today on the record number of online bets placed on Super Bowl LV, held last evening 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 per cent from last year.1 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.”
1American Gaming Association
About Bragg Gaming Group
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.
Through this brand and targeted acquisitions, Bragg is focused on becoming a leader within the evolving global gaming industry. Learn more at https://www.bragg.games.
For Bragg Gaming Group, contact:
Yaniv Spielberg, CSO, Bragg Gaming Group
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