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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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Whereas, for alleged involvement in online gambling, Alvin Chau clarified his stand, saying that his company in Macau had never advertised their online gambling operations based in other countries and never deployed the Suncity staff to do so in Macau or Mainland China.
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