U.S. Sports Betting Market Monitor — May 2022

This monthly report provides a digest of news developments and data points, including forecasts, for the emerging market for regulated sports betting in the United States. New content this month includes quick takes on the issues du jour, including our initial thoughts on potential OSB stock catalysts (amid the current, punishing market) and our view on Circa’s possibly interesting play in the Illinois sports betting market; an analysis of highlights and key themes from 1Q22 earnings season so far; and our proprietary GGR-by-brand estimates for the low-visibility Arizona, Colorado, Louisiana, Nevada, New Jersey, Tennessee, Virginia, West Virginia, and Wyoming online sports betting markets.