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In a note to clients on Tuesday, Macquarie analyst Chad Beynon forecast that North American operators will generate $37 billion in NFL bets this season, representing 34% year-over-year growth.<\/p>\n<\/div>\n
\u201cBased on our proprietary hold model, we calculate NFL market hold of 16% for the week of Sept 9\u201315, above our long-term average of 9%. We estimate total sports betting market hold of 12% for the week of Sept 9\u201315, assuming NFL hold of 16% and 9% hold for other sports,\u201d observed Beynon. \u201cNew York reported sports betting hold of 7% for the week of Sept 2-8, below the long-term average of 9% and directionally in line with our estimate of 8%. Handle grew 14% YoY vs the same week last year.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
BetMGM said it reached a long-term agreement with USA Today publisher Gannett under which the gaming company will be the official online sportsbook operator of USA Today Sports. Financial terms of the accord weren\u2019t disclosed. BetMGM\u2019s data and odds will be published across the USA Today network, which includes more than 300 online news sites […]<\/p>\n","protected":false},"author":46,"featured_media":255322,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[33810,1074],"tags":[],"acf":[],"yoast_head":"\n
BetMGM, Gannett Unveil Long-Term Partnership<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n