GeoComply Studies Document 100 Million Geolocation Checks Over Tremendous Bowl Weekend —

The Super Bowl 2024 This yr’s version of the Tremendous Bowl caused a record-breaking 100 Million betting transactions, as reported by GeoComply, a number one geolocation safety and compliance enterprise, based mostly in Vancouver, Canada. The software program firm has revealed a press launch, based mostly on information from geolocation examine transactions for its purchasers performed between February 11 and 12.

The geolocation checks and the whole quantity of transactions symbolize a 25% improve in comparison with final yr’s version of the Tremendous Bowl. The variety of registered accounts on Saturday and Sunday additionally rose to 7.4 Million, indicating a 32% progress in comparison with 2023.

Anna Sainsbury, CEO and Co-Founder at GeoComply commented on the record-shattering figures related to the the annual league championship sport. Individuals have by no means proven a higher curiosity in wagering on the Tremendous Bowl by way of licensed sports activities betting operators, as she remarked.

The elevated quantity of authorized distant wagering mirrored the a number of benefits of the correctly regulated sports activities betting panorama, together with the financial advantages and the strong client safety mechanisms. Betting on the Massive Sport whereas watching it in individual at Nevada’s Allegiant Stadium is one more new development for this yr’s version.

Very like Black Friday, for instance, the Tremendous Bowl is among the many occasions activating a large number of cybercriminals, contemplating the substantial progress in client curiosity. GeoComply’s CEO added that over 140,000 fraud makes an attempt have been detected and prevented forward of the Tremendous Bowl weekend.

GeoComply Ranks High 5 States by Geolocation Checks and by Complete Accounts Created In the course of the Tremendous Bowl Weekend

GeoComply Ranks Top Five States by Geolocation Checks GeoComply’s press launch offered information on the highest 5 US states ranked by complete geolocation checks and the whole variety of distinctive accounts registered forward of the Tremendous Bowl LVII.

A key takeaway from GeoComply’s report factors to New York because the frontrunner state, with 13.9 Million geolocation checks over the weekend. It’s intently adopted by Ohio, with 12.6 Million geolocation checks. Pennsylvania ranks third, with 11.8 Million, and New Jersey occupies the fourth place, with 9.1 Million. Michigan rounds out the highest 5, with 7.5 Million geolocation checks.

When it comes to the whole variety of distinctive accounts created through the Tremendous Bowl Weekend, Ohio occupies the main place, with 1.1 Million accounts. New York ranks second, with 851K accounts, adopted by Pennsylvania (793K accounts) and New Jersey (660K). Michigan completes the checklist, with 575K accounts.

As famous within the report, GeoComply doesn’t intention to supply a transparent illustration of the US betting market in its entirety, however a common perception into the altering trade calls for. In the end, the rise in on-line betting transactions displays a transition to a protected and controlled sports activities betting trade, as GeoComply famous.

Author: Benjamin Jenkins