clearn.png
Sunday September 26th, 2021 3:26AM

Tech verifications show big jump in bets as football begins

By The Associated Press
Related Articles
  Contact Editor

ATLANTIC CITY, N.J. (AP) — A company that most of the legal U.S. sports betting industry uses to verify that its customers are where they say they are reports a record number of transactions over the first weekend of the NFL season.

That helps confirm an expected a big increase in the level of online betting as football season got under way in a nation with many more places to bet this year.

GeoComply Solutions, the Vancouver, Canada-based tech company, said Monday it recorded 58.2 million geolocation transactions across 18 states and Washington, D.C. from Thursday night, when the NFL season began, through 7 p.m. EST on Sunday.

That represents a 126% increase from the same period of the 2020 NFL season, when GeoComply processed 25.8 million transactions.

"We expected high volumes, but what we have seen has surprised us nonetheless,” said Lindsay Slader, a managing director with Geocomply. “The level of demand across new markets, such as Arizona, indicates that consumers have long waited for the option to legally place a sports bet.”

The data records the amount of times the company was called on to verify a customer's location. It is considered a good indicator for at least a minimum level of sports betting activity, more than 80% of which is done online in the U.S.

States require a gambler to be physically located within their borders in order to make an online sports bet, which is where geolocation technology comes in. It uses a combination of cell phone data, software, hardware, and databases to determine where a phone or laptop trying to make a bet is actually located.

While it is true that customers can log in and have their location verified without actually placing a bet, many gamblers also make more than one bet after a single log-in.

In just three years, legal sports betting has spread to more than half the country. New Jersey won a U.S. Supreme Court case in 2018 clearing the way for any state to adopt legal sports betting.

When Thursday night's game between the Tampa Bay Buccaneers and the Dallas Cowboys kicked off, 26 states plus Washington, D.C. offered legal sports betting, according to the American Gaming Association, the gambling industry's national trade group. But not all of them offer online sports betting.

That was up from 18 a year ago at the start of last year's football season.

GeoComply says it saw the most activity in New Jersey; Pennsylvania; Michigan, Arizona and Illinois.

Arizona, which launched its sports betting on Thursday, has seen more than 6.1 million geolocation transactions from more than 271,000 newly-created accounts since then, the company said Monday.

"Arizona, in its first day on Thursday, had more wagered online than mature states like Michigan, Colorado and Tennessee at the FanDuel Sportsbook,” spokesman Kevin Hennessy said.

___

Follow Wayne Parry at http://twitter.com/WayneParryAC

  • Associated Categories: Associated Press (AP), AP Sports, AP Online Football, AP Business, AP Business - Corporate News, AP Sports - NFL
© Copyright 2021 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
School starts for 1 million NYC kids amid new vaccine rules
Classroom doors are swinging open for about a million New York City public school students in the nation’s largest experiment of in-person learning during the coronavirus pandemic
12:09PM ( 5 minutes ago )
Democrats seek corporate, wealthy tax hikes for $3.5T plan
House Democrats are unveiling a sweeping proposal for tax hikes on big corporations and the wealthy to fund President Joe Biden’s $3.5 trillion rebuilding plan
12:03PM ( 11 minutes ago )
Blinken readies for contentious Afghan hearings in Congress
Secretary of State Antony Blinken is preparing to face tough congressional questioning this week over the Biden administration's handling of the military withdrawal from Afghanistan
11:58AM ( 16 minutes ago )
Associated Press (AP)
Serbia cries with Djokovic over lost chance to make history
Serbia awoke to disappointment after Novak Djokovic failed in his attempt to make tennis history by becoming the first man in more than 50 years to win a calendar-year Grand Slam
7:59AM ( 4 hours ago )
Dodgers, Braves are trade deadline winners so far
There were so many major deals at this year’s trade deadline, it’s no surprise that many of the players who switched teams are having a significant impact on the postseason races
3:38AM ( 8 hours ago )
Stafford leads LA Rams past Bears 34-14 in dynamic debut
Matthew Stafford passed for 321 yards and three touchdowns in a dynamic debut for the Los Angeles Rams
12:30AM ( 11 hours ago )
AP Sports
Teddy Bridgewater throws 2 TDs, Broncos dominte Giants 27-13
For the first time since Peyton Manning retired after winning Super Bowl 50, the Denver Broncos may have a quarterback
7:43PM ( 16 hours ago )
Taylor helps Texans down Lawrence, mistake-prone Jags 37-21
Tyrod Taylor threw for 291 yards and two touchdowns filling in for Deshaun Watson to lead the Houston Texans to a 37-21 win over Trevor Lawrence and the mistake-prone Jacksonville Jaguars
7:10PM ( 17 hours ago )
Steelers rally to beat Bills 23-16 to open season
Ben Roethlisberger and the Steelers’ new-look offense overcame a slow start, Ulysees Gilbert returned a blocked punt 9 yards for a touchdown and Pittsburgh rallied to a season-opening 23-16 win over the Buffalo Bills
6:53PM ( 17 hours ago )
AP Online Football
Manchin nixes Biden's $3.5T budget plan, urges $1.5T instead
A Democratic senator vital to the fate of President Joe Biden’s $3.5 trillion plan for social and environmental spending says he won’t support even half that amount or the ambitious timetable envisioned for passing it
11:01AM ( 1 hour ago )
Adapt or else: Downtown businesses cope with new reality
As the resilient coronavirus keeps offices closed and workers at home, some are adapting while others are trying to hang on
10:33AM ( 1 hour ago )
Stocks rise broadly in early trading following dismal week
Stocks are rising broadly in morning trading on Wall Street Monday as the market regains a more solid footing following its biggest weekly drop since June
10:23AM ( 1 hour ago )
AP Business
Britain ends contract with French startup for vaccines
A French pharmaceutical startup says the British government has abruptly terminated an agreement for it to supply tens of millions of COVID-19 vaccines
4:51AM ( 7 hours ago )
5 questions about California's recall targeting Gov. Newsom
The California recall is the first major election since Joe Biden became president, and its results may hint at the political trajectory of the country
12:07AM ( 12 hours ago )
Epic Games appeals ruling in lawsuit alleging Apple monopoly
Epic Games filed notice that is appealing a federal judge’s decision in a lawsuit alleging that Apple has been running an illegal monopoly that stifles competition
5:29PM ( 18 hours ago )
AP Business - Corporate News
Herbert throws for 337 yards, Chargers beat Washington 20-16
Justin Herbert threw for 337 yards and a touchdown to help the Los Angeles Chargers beat Washington 20-16 in an ugly Week 1 matchup full of turnovers and big penalties
4:14PM ( 20 hours ago )
The Latest: Barkley back for Giants after ACL injury in 2020
Less than a year after tearing his right ACL, Saquon Barkley is returning to the New York Giants’ lineup
3:45PM ( 20 hours ago )
The Latest: 49ers RB Mostert out with knee injury
San Francisco 49ers running back Raheem Mostert has been ruled out because of a knee injury
3:07PM ( 21 hours ago )
AP Sports - NFL
Blinken readies for contentious Afghan hearings in Congress
Secretary of State Antony Blinken is preparing to face tough congressional questioning this week over the Biden administration's handling of the military withdrawal from Afghanistan
11:58AM ( 20 minutes ago )
Biden to survey wildfire damage, make case for spending plan
President Joe Biden will promote his administration’s use of the Defense Production Act to aid in wildfire preparedness during a Western swing in which he’ll survey wildfire damage California and meet with fire officials in Idaho
11:55AM ( 23 minutes ago )
No bull: Scientists potty train cows to use 'MooLoo'
Researchers in Germany have potty trained cows, all in the name of science
11:45AM ( 33 minutes ago )
Tropical Storm Nicholas threatens Gulf Coast with heavy rain
Tropical Storm Nicholas is strengthening just off the Gulf Coast and could blow ashore in Texas as a hurricane as it brings heavy rain and floods to coastal areas from Mexico to storm-battered Louisiana
11:43AM ( 35 minutes ago )
Stocks rise broadly in morning trading following dismal week
Stocks are rising broadly in morning trading on Wall Street Monday as the market regains a more solid footing following its biggest weekly drop since June
11:42AM ( 36 minutes ago )