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Sports Betting Is Revving Up Ad Spending For Fourth Quarter
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There are several obstacles to rehabilitation that could be unique to sports betting. While many Americans grow up hearing that a casino is a place of temptation, sporting events have a different reputation. Parents rarely worry about their children watching too much sports, and now there are gambling prompts wired into most broadcasts. There are even gambling shows on ESPN.
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"I think at one point everyone's been fooled with the fake accounts," Salmons said. "To me, you get one shot at being wrong and then, after that, you need to verify what you're seeing is actually true. I think for the most part, we've done a pretty good job with that."
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Magna Global in their latest ad spending forecast noted; sports betting is becoming a major category; until now local and digital media have captured the bulk of the spending, but national TV will increase its share as it is legalized in ever more states (New York this year, California and Texas possibly in 2023).