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Twitter, for the first time, is releasing internal data and commenting on the prevalence of sports betting content on the social media platform. The data was gathered by Twitter Insiders studies and comes from a sampling of individuals 18 or older who have bet on sports in the past 12 months, live in a state where sports betting is legal and use at least one social media platform.
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Of fourth quarter, Nicole Ovadia, VP Forecasting & Analysis, BIA Advisory Services says, ¡°It¡¯s a very busy time for sports betting and, therefore, we expect to see a spike in ad spending by the major players in this space as they are vying for customers ¨C especially in the markets where sports betting is new.¡± John Casillo, an analyst at TVREV adds, ¡°Sports betting is seasonally-focused, with a specific emphasis on the fall and winter for the NFL.¡±