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STATSCORE’s Betting Industry Review 20/04/2020

Esports is becoming more popular than ever among fans and bettors. Meanwhile, top sports leagues are considering their return options. Learn more with STATSCORE!

Amid the coronavirus pandemic, Las Vegas opens up to esports betting options!

The coronavirus crisis has shaken the gambling industry and caused a lot of trouble for bookmakers and casinos around the world.

In the US, major competitions have been suspended (including NBA, MLB, and NHL), which translated into huge losses for the whole industry.

So are there any winners of this unusual situation? Yes, there are! Esports are becoming more popular than ever. And not only among players and fans but among bettors too.

Betting in crisis? STATSCORE has a solution!

This week the Nevada Gaming Control Board (GCB) approved bets on four different esports series, adding to the growing betting options for esports gaming. Read more

Bookmakers have come up with about 150 different proposition bets around the NFL Draft!

With so many live sports cancelled or postponed, action-hungry fans are looking for new things to place bets on. And betting companies are not letting them down, as they’re doing their best to keep the customers engaged.

This year, sportsbooks have prepared three times as many NFL Draft bets as usual and expect a fivefold increase in wagers!

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Bet-NJ.com estimates that $5 million will be wagered on this year’s event in the US, bringing in about $500,000 for the industry. Read more

Bettors are also turning to niche sports, such as table tennis.

Europe’s top football leagues are looking for ways to resume their seasons.

Premier League’s clubs are declaring their willingness to complete the season. However, the official statement from the league reads that the Premier League will not resume at the beginning of May – and that the 2019-20 season will only return when it is safe and appropriate to do so.

Spanish Football Federation is considering awarding next season’s spots in European competitions on the basis of teams’ current league positions, if La Liga’s season cannot be completed. Read more

NBA is considering return options, but a timetable is still lacking

The NBA Commissioner Adam Silver remains hopeful that the league will be able to resume its season. However, there is no roadmap or timetable for such resumption. Everything is on the table, including potentially delaying the beginning of next season, Silver told reporters.

Based on the reports that we got from varied outside officials, current public health officials … we are not in a position to make any decisions. And it’s unclear when we will be, the league’s commissioner said in a conference call. Read more

Get your betting business ready for sports comeback!

With most sports leagues suspended, betting companies and players turn to politics

Donald Trump or Joe Biden? Extension of the Brexit transition period? Nature abhors a vacuum, they say, so British sports bettors are taking to politics.

In March, Brits wagered £1.1m on political events — a 95% increase on the previous month, according to sports betting company Smarkets. Read more

In the US, there’s a similar trend, with betting companies offering odds on a spectrum of political events. Read more

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