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Local Sports Betting Ad Spend: For local advertising, BIA forecasts ad spend for sports betting to reach $1.8 billion in 2022, a sizable jump of 80% from 2021. By 2024, BIA projects local ad spend for the category to total $2.9 billion. BIA¡¯s Nicole Ovadia, says, ¡°With New York and other larger markets making online sports betting legal this year, that has led to a significant increase in ad spending. BIA is also forecasting this vertical to grow significantly between now and 2024 when it will hit nearly $3 billion. This jump is dependent on California voting to legalize online gambling in 2023 and going live in 2024.¡±



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It is a new innovation within the payment category of online casinos since most casinos accept a variety of payment methods which is another reason for its popularity. Namely, you can make payments with everything from your digital wallets like PayPal or Skrill to bank transfers or credit and debit cards. But, crypto payments are considered super to traditional payment methods due to their low transaction fees and short processing time.
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The governor in question then was Andrew Cuomo. Today, the governor is Kathy Hochul, and Addabbo thinks he¡¯ll have a much better chance of getting iCasino passed with her at the helm.