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.
Young gamblers continue to place bets and in some cases run up huge debts, often triggered by risky behaviors like chasing losses with bigger bets, according to the NCPG. Thanks to credit-card cash advances, the potential for danger is high.
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As part of the raid, police arrested five people. One was from Delhi and another from Mumbai. But there were also two Russians and one Ukrainian.
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