As Daily Fantasy Sports grows, Nevada sports books thrive
In fact, since the two biggest daily fantasy sports companies were founded (FanDuel in 2009 and DraftKings in 2012), the amount of money wagered at Nevada sports books has increased every year.
“Sports betting demand has never been greater,” said Geoff Freeman, AGA president and CEO. “Fantasy sports may be serving as a catalyst for sports betting growth and helping the casino industry to attract new customers. As the daily fantasy sports community establishes greater consumer protections, we’re optimistic that our industries can achieve symbiotic growth.”
Coinciding with legal sports betting growth in Nevada is exponential growth of illegal sports betting nationwide. The AGA estimates that Americans will spend $138.9 billion on illegal sports betting this year alone. Illegal sports betting funds criminal activities, takes advantage of consumers and fails to protect the integrity of America’s favorite pastimes.
Amount wagered at Nevada sports books
2009: $2.55 billion
2010: $2.76 billion (+8.2%)
2011: $2.88 billion (+4.2%)
2012: $3.45 billion (+19.9%)
2013: $3.62 billion (+5.0%)
2014: $3.90 billion (+7.7%)
2015: Increase of 14.6% year over year 2015
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