The legal sports betting industry in the United States reached an all-time high over the past weekend, spelling more bad news for those involved in illegal gambling operations. There are now seven new states that have launched legal sports betting from this exact time one year ago.
This past weekend, both Michigan and Virginia launched online sports betting, and both markets saw massive numbers. There were over 400,000 new sports betting accounts created between the two states this past weekend.
There are now 17 states with legal sports betting options, and more than 70 million adults are able to legally bet on sports. This number will continue to grow in the coming months as this trend is not set to slow down anytime soon.
Record numbers of bets were placed this past weekend throughout the United States, and legal sports betting options continue to grow in popularity. The illegal sports betting options are starting to fade out, especially as bettors understand the value of using a legal and regulated sportsbook.
GeoComply Rolls Out Conscious Gaming
GeoComply is one of the most widely used geolocation services in the US sports betting industry, and it tracks how many location checks it completes. This past weekend there were more than 30 million geolocation checks in the 17 states that have legalized online betting.
This number represents an astounding 260% increase from conference championship weekend in the NFL just one year ago. The launching of two new markets this weekend played a huge role in this number, but the entire industry has seen growth.
The official figures will be announced on a state-by-state basis later in February, but it could prove to be some record-setting months for several states in the US.
Geocomply has created a non-profit group called Conscious Gaming to help develop programs that teach gaming responsibly. This will be done through modern and advanced technology, and it seeks to ensure that the sports betting industry is growing in the right way.
Conscious Gaming has created a program called PlayPause that will allow people from all states the opportunity to self-exclude themselves from betting. Those individuals that are already excluded from betting on sports will automatically be added to the program.
Currently, states have their own programs to track players that should be excluded from betting, but PlayPause will work throughout the US. Bettors are also able to add themselves to this database as a way to cool down and protect themselves from irresponsible gaming.
About Conscious Gaming
The mission of Conscious Gaming is to use advances in technology to promote social responsibility both at the corporate and consumer level. Conscious Gaming works with a number of different groups in the gaming industry, including operators, advocacy groups, regulatory bodies, and professionals that target and treat problem gambling.
This is a philanthropic organization that aims to continue educating both providers and consumers of sports betting on how it should be done safely and effectively. More available information about Conscious Gaming can be found by visiting the website at www.consciousgaming.org.