Here they are: #1: New York launches online sports betting
These moments tell the story of the year that was and will continue to resonate in the years ahead. So, before plunging into the New Year, Covers is looking back at the 10 biggest developments for the sports-betting industry in 2022. There may be more bettors than ever, but there is more unease about the availability of sports gaming than there has been in some time. And while the seeds of a potential turnaround in 2023 have been planted, it’s clear that operators have some work to do. Supreme Court decision that paved the way for its expansion. It has been a tough time for an industry that has been walking on air since the 2018 U.S. Smaller operators began throwing in the towel, voters in another major market rejected the advances of online sportsbook operators, and the newspaper of record published a series that prompted politicians to rethink their past decisions. It was, seemingly, business as usual for the legal sports betting industry.īut then came the setbacks. The launch of a major market to start 2022 was followed by a bold expansion in Canada and the passage of even more pro-wagering legislation in U.S. Operators of online sports betting sites were soaring coming into 2022, but they are ending the year in a much more humble state.
