Home Login RADIO ONLINE RSS Facebook
Advertisement

Study: Radio Listeners Show More Interest in Online Sports


Westwood One
Westwood One

In order to obtain a broad national perspective of the emerging online sports betting market, Cumulus Media's Westwood One commissioned a study in April across the twelve states where online sports wagering is fully legalized. MARU/Matchbox surveyed 718 adults over the age of 21 in Colorado, Illinois, Indiana, Iowa, Michigan, Nevada, New Hampshire, New Jersey, Pennsylvania, Tennessee, Virginia, and West Virginia. The key findings were outlined in this week's Westwood One blog.

  • In states with legalized sports betting, younger adults and men are the most likely to be interested in wagering on sports betting sites: When asked how likely they would be to visit or place a wager at an online sports betting site or app, 23% of adults 21+ say they are very or somewhat interested in online sports betting. Nearly half of adults 21-34 say they would be interested. Among adults 35-54, interest drops to 30%.

  • Compared to TV viewers, AM/FM radio listeners have far more experience with sports betting, greater interest, and greater awareness of online sports betting brands.

  • Nielsen Scarborough: Those engaged with sports betting are very light TV viewers, making linear TV a very expensive media option: AM/FM radio is far more effective at reaching the online sports bettor.

  • Ideal media allocation mix for online sports betting brands: 57% AM/FM radio, 43% TV: Among those interested in sports betting, 40% are heavy AM/FM radio listeners and 30% are heavy TV viewers, a relationship that converts to a ratio of 57% AM/FM radio and 43% TV.

  • Aided awareness: 70% are aware of FanDuel and DraftKings, four out of ten are familiar with BetMGM and Golden Nugget, and eight brands have aided awareness ranging from 20% to 29%.

  • AM/FM radio listeners have +44% greater aided familiarity for online sports betting brands compared to TV viewers, despite all the money showered on TV.

  • Brand scorecard: Among those interested in online sports betting, DraftKings and FanDuel tie for the lead, BetMGM places next, and a large group of brands occupy the next tier.

  • Among AM/FM radio programming format listeners, Sports, Urban, Alternative Rock, Adult Contemporary, News/Talk, Country, Top 40, and Rock fans show the greatest interest in sports betting.

  • Online sports-betting-AM/FM radio buys are under-weighted on Rock, Top 40, Adult Contemporary, Classic Hits/Oldies; AM/FM radio programming formats that are over-weighted include Sports, News/Talk and Classic Rock.

  • Podcasts represent a strong media platform for online sports betting brands as podcast listeners are +63% more likely to be sports betters, and podcasts reach 39% of sports bettors: Sports bettors listen most to News/Government/History, Comedy, and Society and Culture podcasts.

Advertisement

Latest Radio Stories

Bob & Sheri to End Syndication After 30 Years
L-R: Kary Bowser, Heather Furr, Lamar Richardson, Max Sweeten, Sheri Lynch, and Tony Garcia
L-R: Kary Bowser, Heather Furr, Lamar Richardson, Max Sweeten, Sheri Lynch, and Tony Garcia
The syndicated "Bob & Sheri Show" will end its radio syndication run on December 31, 2026, after 30 years and transition to a paid direct-to-consumer model beginning in January. The show's approximately 50 affiliates have been notified of the decision. The move will end a syndication run that began in More

Bleav Names Jim Thompson VP of Sales
Jim Thompson
Jim Thompson
Bleav has named Jim Thompson Vice President of Sales, overseeing the company's advertising sales organization and revenue efforts across its audio, video and social platforms. Thompson joins Bleav from Gemini XIII, where he served as Vice President of Sales across the company's podcasting, radio and More

Jenny and Jagger Join New York's Country 94.7
Jagger and Jenny Matthews
Jagger and Jenny Matthews
Audacy's WXBK-HD2 (New York's Country 94.7) in New York has added "Jenny and Jagger in the Morning," featuring Jenny Matthews, Jagger and Matt Gapske, to its weekday lineup. The show will air from 6-10am ET. The show will continue to be heard on co-owned Country WDAF-FM (106.5 The Wolf) in Kansas City, where More
Advertisement

U.S. House Passes AM Radio for Every Vehicle Act
U.S. House Passes AM Radio for Every Vehicle Act
U.S. House Passes AM Radio for Every Vehicle Act
The U.S. House of Representatives on Tuesday passed the AM Radio for Every Vehicle Act, advancing legislation that would require automakers to maintain access to AM broadcast radio in new passenger vehicles sold in the United States. The measure, H.R. 979, was introduced by Reps. More

Cumulus, Zimmer Urge FCC to End Radio Ownership Caps
Cumulus Media and Zimmer Radio
Cumulus Media and Zimmer Radio
Cumulus Media and Zimmer Radio of Mid-Missouri are urging the Federal Communications Commission to eliminate its local radio ownership limits, arguing in separate ex parte meetings that rules unchanged since 1996 no longer reflect today's competitive audio and advertising marketplace. The filings come as More

Tyah Sartler Named GM of Saga Milwaukee
Tyah Sartler
Tyah Sartler
Saga Communications has promoted Tyah Sartler to Vice President and General Manager of its Milwaukee Media Group, succeeding longtime executive Bob Bellini, who has retired after more than 36 years with the cluster. Sartler moves into the top Milwaukee post after 25 years with the company. She joined More

Return to Menu

Advertisement

Subscribe to our Newsletter
Radio news and headlines delivered right to your e-mail box -- and it's free.

Advertisement

Advertisement