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Chart of the Day: Online Sports Betting

Samuel A. Kiburz, Senior Vice President, Chief Investment Officer Feb 6, 2025

red line chart showing the stark rise in sports betting since 2018

As we near the Super Bowl, today’s Chart of the Day is from Chartr and shows the boom in online monthly sports betting.As displayed in the chart, it started at next to nothing in 2018 when it was first legalized and is now over $15 billion a month. The rise in smartphone apps and advertising has fueled this rapid increase.

Chart of the Day

About the Author

Samuel A. Kiburz, Senior Vice President, Chief Investment Officer

Samuel serves as Senior Vice President, Chief Investment Officer for the Crews family of banks. He manages the individual investment holdings of his clients, including individuals, families, foundations, and institutions throughout the State of Florida. Samuel has been involved in banking since 1996 and has more than 20 years experience working in wealth management.

Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.