Sports Gambling is on Pace for a Record Year ($DKNG, $PENN)

October 26, 2021

Sports Gambling is on Pace for a Record Year ($DKNG, $PENN)

Earlier this year, the number of consumers talking about placing wagers on sporting events surged to an all-time high level during the NFL and NBA post-seasons. Now we’re seeing an impressive resurgence in gambling-related chatter, corresponding with the start of the MLB post-season and return of NFL/NCAA football.
 Consumer Mentions of sports betting are showing near-term and long-term strength, trending +96% QoQ and +10% YoY on a 30-day moving average.

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