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The Markets
by Proactive
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The Markets
by Proactive
Proactive UK has moved.
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Leisure, gaming and gambling

Bragg Gaming notes record number of online bets placed on Super Bowl LV

The company said of the total bets placed on the game, more than 7.3 million were made online, a record figure and up 63% from last year

Bragg Gaming Group Inc (TSX:BRAG) (OTCMKTS:BRGGF) (FRA:SL4A) said a record number of online bets were placed on the Super Bowl LV game on Sunday.

The gaming technology firm said more than US$4.3 billion in bets were placed on the game. Of these bets, more than 7.3 million were made online, a record figure and up 63% from last year.

READ: Bragg Gaming’s ORYX Gaming expands its Serbia presence with MerkurXtip partnership

Bragg also said that with at-home spectators being asked in many regions to forgo large Super Bowl celebrations in favor of staying at home in small groups, and with a significantly decreased number of fans at the live game, fans were opting to keep the excitement in the day by increasing their wagers.

“We’ve seen an incredible growth in online sports betting over the past year, and we anticipated the huge jump in Super Bowl betting”, Bragg chief executive Adam Arviv said in a statement.

“Fans look forward to this day all season, and although they had to cut back on their group celebrations this year, they made the most of the excitement by placing more online wagers than ever,” the CEO added.

The company also highlighted that interest in online betting in the US has “never been higher” with around 36 million more Americans now legally able to bet compared to last year.

Contact the author at calum@proactiveinvestors.com

Follow him on Twitter @Cal_Proac

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