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Moreover, iSpot reports the estimated ad spending of sports betting on national TV is on the upswing, increasing from $64.6 million in 2020 to $199.7 million in 2021. Year-to-date, with the NFL season just starting, the ad spend has already reached $161.7 million. Casillo points out, national sports betting ads still have potential to grow in future years too, as more states legalize mobile sportsbooks and sports betting overall.
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The National Council on Problem Gambling reports 60-80% of high school students say they have gambled for money in the past year, making them a top priority for safeguards as the state expands access to sports betting.
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