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Moreover, iSpot reports the estimated ad spending of sports betting on national TV is on the upswing, increasing from $64.6 million in 2020 to $199.7 million in 2021. Year-to-date, with the NFL season just starting, the ad spend has already reached $161.7 million. Casillo points out, national sports betting ads still have potential to grow in future years too, as more states legalize mobile sportsbooks and sports betting overall.
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��Sports for Americans are like a religion,�� Doura-Schawohl said. ��We use it to define who we are. The allure is of much more significance. [Bettors] will not only underestimate how much they��re spending, they will minimize the harm that may be possible because it��s linked to sports.��
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Also, in September 2021, an Indiana man was charged in a federal indictment with mail fraud after a plot surfaced over the improper purchase of properties near the Hard Rock Casino Northern Indiana, prosecutors said. He was allegedly speculating on land purchases before the Gary gaming property opened last year.
Executive Director Karen Wells said that as many as 76% of temporary license holders ultimately could be required to end their businesses in the state.