Altenar: 50% of Americans have placed at least one sports bet

A recorded 50% of Americans have placed at least one bet on a sports event in their life, according to data from sportsbook supplier Altenar. 

Altenar: 50% of Americans have placed at least one sports bet

Altenar notes the figures posted by Earthweb.com “stand to reason, as the [US] is filled with generations of sports lovers. Sports betting would [therefore] hold weight” in a sports-loving country.

Altenar said: “The world of sports betting is always striving for greatness, for better content, new technologies and increasing user experience.” 

Therefore, sports betting offers a space in which suppliers can provide so-called “tier-one” content for operators, says Altenar.

Operator revenue figures back up Altenar’s keenness for America’s sportsbook vertical; online sports betting wagers have exceeded $100bn since 2018. 

Nevada and New Jersey saw revenues of $20bn and $24bn respectively in this period. In fact, the lowest revenue was from Pennsylvania, which still posted revenue of $11bn from all online sources.  

Altenar does, however, take stock of the fact the US’ online sports vertical is witnessing a period of considerable growth; a product only able to sustain its perpetual momentum through “persistent creation and adoption.”

Altenar featured in Gambling Insider‘s Sports Betting Focus magazine earlier this year, presenting both a company profile and an exclusive set of data for the magazine.

The data focused on Latin America, which is more of a speciality for the supplier currently in terms of the regions in which it operates.

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Louis Thompsett
Gambling Writer

Louis Thompsett is a journalist and editor who served as a Staff Writer at Gambling Insider from February 2022 to April 2023, covering key developments across the global gambling, sports betting and iGaming sectors. During his time with the publication, he reported on regulatory updates, operator strategy, technological innovation and market trends, contributing both news coverage and in-depth editorial features for Gambling Insider and its associated titles.

Louis later advanced into senior editorial roles and now works as Editor-in-Chief of FinTech Magazine and InsurTech Digital, where he oversees content strategy and reporting for a global B2B audience across financial and technology sectors.

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