Research TransUnion forecasts difficult future for online sports betting amid rising inflation

TransUnion has released the findings of its research into the impact of rising inflation on US sports bettors and the wider industry

TransUnion has released the findings of its explore into the wallop of rising rising prices on US sports bettors and the wider industry.

According to its research – taken across 2022 so far – formerly inflation run into 6%, the figures clearly indicated a sharp-worded devolve inwards gaming revenue straight followers the wane of consumer liquidity. This is a trend mirrored across the gaming manufacture in the US as a whole.

However, online sports bettors seem to live substantially aware of the impact inflation is having, with 38% having saved more emergency nest egg inwards the yesteryear tierce months, compared with just 28% of the general population. That said, online sports bettors were also to a greater extent potential to exercise available credit and retirement savings than the full general population, piece bettors also came out as less potential to live able to make up credit scorecard bills.

While online sports bettors were also 54% more likely to garner higher levels of income than those who didn’t – defined as anything over $100,000 per year.

TransUnion’s Head of US Gaming, Declan Raines, commented on the write up and its findings, saying: “At face value, most of the consumers engaging in peregrine sports betting can likely give to do so. At the same time, our findings march how important it is, especially during a clip of economic uncertainty, that operators utilise comprehensive data to key both resilient and hard put consumers.

"Doing so can aid operators protect players and ply a safer have to consumers occupied in regulated betting.”

As rising prices shows few signs of abating soon, the impact on the gaming manufacture has started to become clearer, as many are choosing to economise money for fearfulness of the coming winter costs.

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