{"id":305045,"date":"2023-12-29T15:18:29","date_gmt":"2023-12-29T21:18:29","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=305045"},"modified":"2024-01-01T12:29:58","modified_gmt":"2024-01-01T18:29:58","slug":"sportsbook-firms-boosted-ad-spending-during-football-season","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/sportsbook-firms-boosted-ad-spending-during-football-season\/","title":{"rendered":"Sportsbook Operators Boosted Ad Spending During Football Season"},"content":{"rendered":"

Not surprisingly, U.S. sportsbook operators increased advertising expenditures during the ongoing 2023 football season.<\/p>\n

\"The
The NFL logo on a football field. Sportsbook operators increased ad spending during football season. (Image: CBS Sports<\/em>)<\/figcaption><\/figure>\n

From Sept. 1 through Dec. 26, sports betting advertising spending<\/a> on television jumped 10% to $237.8 million, according to estimates from EDO Ad EnGage. The research firm did not note whether the increase in TV ad spending by sportsbook firms was attributable to new entrants, such as ESPN Bet<\/a> and Fanatics, more expenditures by incumbents, such as DraftKings and FanDuel, or a combination of the two.<\/p>\n

Sports gambling impressions were up 52% to a total of 20.7 billion — up from 13.6 billion a year ago, primarily due to airings more than doubling (to 59,81) versus 26,950 airings the year before,\u201d<\/strong> reports Wayne Friedman for MediaPost<\/a><\/em>.<\/p><\/blockquote>\n

The rise in TV ad spending by gaming companies during the Sept. 1 through Dec. 26 makes sense, because football is the most wagered-on sport in the U.S., and several operators are looking to promote newer offerings, such as in-game wagers and same-game parlays (SGPs).<\/p>\n

Sportsbook Operators Ad Spend Changing<\/h2>\n

While linear TV broadcasts of sporting events and dedicated sports networks such as ESPN make for predictable avenues for sports betting advertising, that landscape is shifting.<\/p>\n

\n

For example, Amazon Prime\u2019s Thursday Night Football,<\/a><\/em> which is streamed, drew an estimated $41 million in ad revenue from sportsbook operators, up from $27.9 million a year earlier. Those increased expenditures arrived as fans have heavily criticized the quality of the on-field product on Thursday Night Football.<\/em><\/p>\n<\/div>\n

Sportsbook operators are also increasingly doling out for ads on non-sports networks, extending a theme that took shape<\/a> in earnest earlier this year.<\/p>\n

\u201cSports gambling TV ads have also seen a significant surge on non-sports TV networks, including TBS (3,270 airings); FXX (3,010); truTV (3,130); Discovery Life Channel (2,160); and American Heroes Channel (4,960), to name a few,\u201d noted Friedman.<\/p>\n

Other Winners, Losers in Sportsbook Ad Spending<\/h2>\n

For the Sept. 1 through Dec. 26 period, sportsbook operators spent less on ESPN than they did in the year-earlier period. But that could be attributable to ABC also broadcasting Monday Night Football,<\/em> as well as some widely viewed college football games. Walt Disney Co. owns both networks.<\/p>\n

Fox and NBC, which broadcasts Sunday Night Football<\/em>, also saw reduced ad spending by sportsbook companies over the past four months. On the other hand, CBS, perhaps with some help from SEC football, proved sturdy on that front.<\/strong><\/p>\n

\u201cFor this year, CBS appears to be a steady\u00a0TV network\u00a0<\/strong>in the category, with its Sunday NFL afternoon programming at $31.9 million — coming in at second place in the category to Prime Video. CBS\u00a0is\u00a0<\/strong>virtually unchanged from $31.5 million a year ago,\u201d concluded Friedman.<\/p>\n","protected":false},"excerpt":{"rendered":"

Not surprisingly, U.S. sportsbook operators increased advertising expenditures during the ongoing 2023 football season. From Sept. 1 through Dec. 26, sports betting advertising spending on television jumped 10% to $237.8 million, according to estimates from EDO Ad EnGage. The research firm did not note whether the increase in TV ad spending by sportsbook firms was […]<\/p>\n","protected":false},"author":46,"featured_media":292134,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[82967,10,33810,82961,1074],"tags":[85454,81903,81898,81004,80968],"acf":[],"yoast_head":"\nSportsbook Firms Boosted Ad Spending During Football Season<\/title>\n<meta name=\"description\" content=\"Sportsbook Operators Boosted Ad Spending During Football Season.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/sportsbook-firms-boosted-ad-spending-during-football-season\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sportsbook Firms Boosted Ad Spending During Football Season\" \/>\n<meta property=\"og:description\" content=\"Sportsbook Operators Boosted Ad Spending During Football Season.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/sportsbook-firms-boosted-ad-spending-during-football-season\/\" \/>\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=\"2023-12-29T21:18:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-01T18:29:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/10\/The-NFL-logo-on-a-football-field.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\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=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/sportsbook-firms-boosted-ad-spending-during-football-season\/\",\"url\":\"https:\/\/www.casino.org\/news\/sportsbook-firms-boosted-ad-spending-during-football-season\/\",\"name\":\"Sportsbook Firms Boosted Ad Spending During Football Season\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/sportsbook-firms-boosted-ad-spending-during-football-season\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/sportsbook-firms-boosted-ad-spending-during-football-season\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/10\/The-NFL-logo-on-a-football-field.webp\",\"datePublished\":\"2023-12-29T21:18:29+00:00\",\"dateModified\":\"2024-01-01T18:29:58+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85\"},\"description\":\"Sportsbook Operators Boosted Ad Spending During Football Season.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/sportsbook-firms-boosted-ad-spending-during-football-season\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/sportsbook-firms-boosted-ad-spending-during-football-season\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/sportsbook-firms-boosted-ad-spending-during-football-season\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/10\/The-NFL-logo-on-a-football-field.webp\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/10\/The-NFL-logo-on-a-football-field.webp\",\"width\":1200,\"height\":675,\"caption\":\"The NFL logo on a football field. 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