{"id":201150,"date":"2022-02-10T10:47:48","date_gmt":"2022-02-10T18:47:48","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=201150"},"modified":"2022-02-10T13:00:33","modified_gmt":"2022-02-10T21:00:33","slug":"gaming-companies-ramp-up-ad-spending-significantly-says-nielsen","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/gaming-companies-ramp-up-ad-spending-significantly-says-nielsen\/","title":{"rendered":"Betting Advertisement Costs More Than Doubled in 2021, Nielsen Ratings Says"},"content":{"rendered":"

With more states approving mobile sports wagering, sportsbook operators are engaging in more advertising. And data confirms they’re paying up for the privilege.<\/p>\n

\"Nielsen\"
A scene from a Caesars’ Sportsbook commercial, above. Gaming companies are spending big on TV ads. (Image: Twitter)<\/figcaption><\/figure>\n

Nielsen, the television ratings firm, said the cost of television ads for internet gaming, sports betting, and related services swelled to $725 million last year, more than double the $292 million posted in 2020.<\/p>\n

That means that in just three years since the Supreme Court ruling<\/a> on the Professional and Amateur Sports Protection Act (PASPA), gaming operators are spending more on TV ads than cereal companies, according to Barron’s<\/i>.<\/strong><\/p>\n

The Nielsen data arrives just a few days before Super Bowl LVI, with broadcaster NBC saying it’s commanding record pricing for this year’s iteration of the big game. The network is charging $7 million<\/a> per 30 seconds to late-arriving advertisers and noted its allotment of ad space sold out across the NBC, Peacock, and Telemundo platforms.<\/p>\n

Caesars Entertainment, DraftKings, and FanDuel are the sportsbook operators running ads during this year’s Super Bowl.<\/p>\n

Big Growth Ahead<\/h2>\n

The aforementioned $725 million gaming companies spent on TV advertising is likely to continue growing and in considerable fashion.<\/p>\n

\n

That’s a full-year figure and doesn’t account for an entire 12 months of sports betting in a slew of states that recently approved the activity. For example, mobile sports wagering recently went live in New York — home to the largest media market in the US — indicating the 2022 advertising figure is likely to be significantly higher than last year’s total<\/a>.<\/p>\n<\/div>\n

Additionally, Arizona, Connecticut, Louisiana, and Maryland, among others, recently joined the lineup of states permitting mobile sports wagering.<\/p>\n

Thirty states and Washington, DC are currently in the live and legal fray.<\/p>\n

Regulators Watching<\/h2>\n

In some states, gaming companies ramping up betting-related ads is catching the eyes of regulators. For example, some policymakers in New Jersey describe the level of sports betting ads on the airwaves there as overwhelming.<\/p>\n

Experts argue the spate of gaming ads could lead to problematic issues, including betting by minors and relapses among those dealing with gambling addiction.<\/strong><\/p>\n

\u201cThey\u2019re fair concerns, and certainly something that the industry is well aware of, paying close attention to,\u201d said Casey Clark, senior vice president of strategic communications at the American Gaming Association, in an interview with Barron’s<\/i>.<\/p>\n

For its part, the NFL has a limit of six sportsbook advertisements<\/a> per broadcast. The league’s official sportsbook partners are BetMGM Caesars, DraftKings, FanDuel, FOX Bet, PointsBet, and WynnBET.<\/p>\n","protected":false},"excerpt":{"rendered":"

With more states approving mobile sports wagering, sportsbook operators are engaging in more advertising. And data confirms they’re paying up for the privilege. Nielsen, the television ratings firm, said the cost of television ads for internet gaming, sports betting, and related services swelled to $725 million last year, more than double the $292 million posted […]<\/p>\n","protected":false},"author":46,"featured_media":201151,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[33810,1074],"tags":[],"acf":[],"yoast_head":"\nGaming Companies Ramp Up Ad Spending Significantly, Says Nielsen<\/title>\n<meta name=\"description\" content=\"Sportsbook operators are spending big on TV advertising and there's room for more growth.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gaming Companies Ramp Up Ad Spending Significantly, Says Nielsen\" \/>\n<meta property=\"og:description\" content=\"Sportsbook operators are spending big on TV advertising and there's room for more growth.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/gaming-companies-ramp-up-ad-spending-significantly-says-nielsen\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-10T18:47:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-02-10T21:00:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/02\/CZR.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Todd Shriber\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@etfgodfather\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Todd Shriber\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/gaming-companies-ramp-up-ad-spending-significantly-says-nielsen\/\",\"url\":\"https:\/\/www.casino.org\/news\/gaming-companies-ramp-up-ad-spending-significantly-says-nielsen\/\",\"name\":\"Gaming Companies Ramp Up Ad Spending Significantly, Says Nielsen\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/gaming-companies-ramp-up-ad-spending-significantly-says-nielsen\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/gaming-companies-ramp-up-ad-spending-significantly-says-nielsen\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/02\/CZR.jpg\",\"datePublished\":\"2022-02-10T18:47:48+00:00\",\"dateModified\":\"2022-02-10T21:00:33+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85\"},\"description\":\"Sportsbook operators are spending big on TV advertising and there's room for more growth.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/gaming-companies-ramp-up-ad-spending-significantly-says-nielsen\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/gaming-companies-ramp-up-ad-spending-significantly-says-nielsen\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/gaming-companies-ramp-up-ad-spending-significantly-says-nielsen\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/02\/CZR.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/02\/CZR.jpg\",\"width\":1920,\"height\":1080,\"caption\":\"A scene from a Caesars Sportsbook commercial. 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