IPepper news
  1. Main
  2. /

    News
  3. /

    Betting
  4. /

    Americans are ...
  5. /...
Americans are actively betting on winning the 2024 Olympics
The Eiffel Tower with the Olympic rings. Source: Shutterstock

Americans are actively betting on winning the 2024 Olympics

American betting operators are witnessing a surge in wagering activity during the Summer Olympics in Paris. The strong presence of U.S. basketball and football teams is drawing in many bettors, according to various betting companies. The Associated Press consulted representatives from prominent bookmakers for their insights and predictions.

John Ewing from BetMGM stated that this year's Summer Olympics will likely see a higher volume of bets, thanks to 38 states and the District of Columbia now offering legal betting services—up from just 22 states during the Tokyo Olympics a few years prior. Joe Maloney from the American Gaming Association (AGA) noted that betting is currently accessible to 67% of the adult population in the U.S. Meanwhile, Tim Whitehead, head of sportsbooks at BetRivers, mentioned a significant interest in betting on American teams' potential medal winnings.

Additionally, Kevin Hennessey, a spokesperson for Fanatics Sportsbook, reported that the most popular bet among customers during the Olympics is on the outcome of the 100-metre dash. Overall, the United States is positioned as the frontrunner to secure the most medals at the Olympics, with China in second and Great Britain following in third.

BettingOlympicsUSA

Betting
ESPN Bet Could Launch in New York by Weekend

24 September 2024, 08:30

Brazil sets deadline for unlicensed gambling operators

18 September 2024, 15:49

BetMGM Becomes General Partner of USA TODAY Sports

17 September 2024, 09:01

Flutter Entertainment buys more than 56% of Brazil's NSX Group

14 September 2024, 10:06

Three times more bets were placed on the Paris Olympics than on the Beijing Games

12 September 2024, 10:18

Endeavor Sells OpenBet and IMG Arena

11 September 2024, 17:20

Other news
US reports growing gambling industry revenues for the month
US reports growing gambling industry revenues for the month

The American Gaming Association (AGA) has published its revenue report for July, revealing that the industry generated a record $5.7 billion during this period. Additionally, ...

Prominent Casino Player to Host Show with SportsGrid
Prominent Casino Player to Host Show with SportsGrid

Renowned casino influencer and YouTuber Brian Christopher is collaborating with SportsGrid, the first 24/7 sports betting network in the U.S. that offers a wide range of ...

One of Germany's states has been given the green light for online casinos and poker
One of Germany's states has been given the green light for online casinos and poker

Schleswig-Holstein has become the first German state to grant licences to commercial operators for offering online casino and table games. Tipico, BluBet, Cashpoint, and Skill ...

Articles
Why will the Snaitech deal double Flutter's market share in Italy?
Why will the Snaitech deal double Flutter's market share in Italy?

Analysts have welcomed Flutter's acquisition of Italian B2C business Snaitech for €2.3 billion, which took place in mid-September. Flutter can now double its market share in ...

Hiring Talent from Different Industries: Why and How?
Hiring Talent from Different Industries: Why and How?

At Pepper Partners, a leading iGaming CPA network, the team consists of professionals from various industries. For instance, our Chief Commercial Officer (CCO) joined us from ...

The Social Casino Phenomenon: Real Money and Databases for Bookmakers
The Social Casino Phenomenon: Real Money and Databases for Bookmakers

In the gambling industry, the Free to Play model is not dependent on turning players into gamblers for profitability, according to a columnist for the specialised publication ...

Dividing the Peruvian Pie: Who Will Take Over the Market After the Regulatory Law?
Dividing the Peruvian Pie: Who Will Take Over the Market After the Regulatory Law?

Gonzalo Perez, the CEO of Peruvian powerhouse Apuesta Total, believes that the new regulated online market in Peru will likely see dominance from just three or four major ...

Expert Opinion: Why Betting Can't Survive Without AI Analysis of Sports Data
Expert Opinion: Why Betting Can't Survive Without AI Analysis of Sports Data

In his opinion column, IGB expert Tom Waterhouse explores the significance of sports data analytics and data providers within the evolving landscape of sports betting. He ...

Categories