Super Bowl Sports Betting Activity Soars, Says Geolocation Service
Super Bowl LVIII was single for the ages. Only the back Super Bowl to demand additional minutes, the overtime classic resulted inward track record sports betting activity, a geolocation services solid said.
GeoComply assists effectual online casino and sportsbook platforms inward identifying the location of their customers before allowing them to wager via the internet. The company’s proprietary PinPoint technology uses Wi-Fi, GPS, and cellphone tower signals to isolate a customer’s location to ensure they’re placed where such sound gaming is permitted, and the operator is licensed to alleviate the bet.
GeoComply told Casino.org after the Chiefs’ 25-22 win o'er the San Francisco 49ers that online sportsbook geolocation checks surged more than 22% during the Super Bowl weekend.
The continued transition to the legal securities industry circle the microscope stage for a historical first Super Bowl inwards Las Vegas, and the record-breaking results we saw did not disappoint,” said Anna Sainsbury, CEO and cofounder of GeoComply. “We are proud to aid nurture the ontogenesis of a regulated manufacture that puts accountability, security, and participant trade protection at the forefront.”
The Chiefs were the underdog, with to the highest degree books having the defending champs beingness spotted II points. The sum up went to the under by the narrowest of margins, as the 47 tally points drop just infra the 47.5 over/under BetMGM had before kickoff.
Kansas City has won troika of the yesteryear cinque Super Bowls, and played inwards four. Patrick Mahomes’ only when deprivation in the liberal mettlesome came against Tom Brady and the Tampa Bay Buccaneers during Super Bowl LV. Mahomes’ trio Super Bowl wins rank quaternary all-time behind Brady at seven, and Terry Bradshaw and Joe Treasure State at four.
Sports Betting Expansion
GeoComply provides geolocation services inward 27 U.S. states, plus Washington, D.C., and Puerto Rico.
The society reported 8.5 one thousand thousand active online sportsbook accounts during the Super Bowl weekend, a 15% year-over-year increase. More than 1.7 zillion unexampled wandering sports wagering accounts were created in the 2 weeks leading upward to Sunday’s bighearted game.
“Compliance drives our mission, and with that commitment, we strive to aid our customers reliably and responsibly expand the player funnel shape and encouragement their businesses. Every twelvemonth the effectual market grows is serious news for consumers and states, and spoiled word for illegal seaward sportsbooks that become marginalized,” added Sainsbury.
Perhaps partly because of the Taylor Jonathan Swift effect, the NFL flavor was wildly successful for legal sports betting operators. GeoComply says to a greater extent than 13.7 million unexampled sportsbook accounts were created since the 2023/24 flavor began plump for inward September, a 28% step-up from last season.
Teams inward Nonsports Betting States
Chiefs and Niners fans living in Missouri and CA were lawfully barred from placing a Super Bowl LVIII wager inwards the teams’ place states.
GeoComply said many Californians traveled to Nevada, Oregon, or Arizona. The unshakable said many Missourians ventured into Kansas, where online sportsbooks are legal.
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Since the shoemaker's last Super Bowl, several new cyberspace sports betting states have got come online, including Kentucky, Maine, Massachusetts, and Vermont. The other states where sound wagers were made during Super Bowl LVIII were Arkansas, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Nevada, New Hampshire, New Jersey, New York, Ohio, Oregon, Pennsylvania, Rhode Island, Tennessee, Virginia, West Virginia, and Wyoming.
Next year’s Super Bowl will include at to the lowest degree one additional online sports betting state — North Carolinas — and possibly, Florida.
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