Legalized sports wagering and advertising rose to new heights around the NFL playoffs and the Super Bowl this season.
National TV advertising rose more than fourfold from January 1-February 12 to $66.7 million, from $14.5 million over the same period a year ago, according to iSpot.tv.Local TV advertising added another 30% to 35% of spend.
Top four sports wagering advertisers in total TV advertising include Caesars Entertainment ($43.0 million), DraftKings ($21.9 million), BetMGM ($15.8 million) and FanDuel ($5.6 million). That totaled $88.7 million.
With just around 30 U.S. states now legalizing sport wagering -- and 18 allowing online sport betting -- TV media buys grew 78% to 3.96 billion impressions this year over last year. Of those impressions, 38% were from local TV advertising, and 58% from national live program plus same-day time shifted viewing advertising.
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Akamai estimates that gambling traffic for the full five-week window -- which includes all NFL playoff games -- was up 14% over 2021. Gambling activity on the days of the playoff games took place grew 20%.
The American Gaming Association estimated $7.6 billion to be wagered on the Super Bowl -- with a record 31.4 million who planned to bet on the game.
On Super Bowl day, February 13, gambling traffic reached its highest point at 9 a.m. ET -- up to 549% more traffic than average.