Optimove iGaming Pulse Report May 2024: Deposits per player up ahead of summer of sports

Estimated read time 2 min read

Optimove looks at how casino and sports KPIs performed in May 2024 as number of deposits and average bet amounts rise ahead of Euros and Copa America
The post Optimove iGaming Pulse Report May 2024: Deposits per player up ahead of summer of sports first appeared on EGR Intel.  

Optimove’s iGaming Pulse detected a significant increase in deposits per active player during May ahead of extensive sporting schedule lined up for this summer.

Sports betting deposits rose 15%, and casino deposits increased 11%, both reaching 13-month highs. Compared to May 2023, these figures have surged remarkably from 9.6 to 12 for sports betting and 11.5 to 14 for casinos.

Could this be the impact of the eagerly anticipated summer of sports, featuring Euro 2024, Copa America 2024 and the Summer Olympic Games in Paris? The spike is evident across various regions, with Chile recording a 13.5% increase, the UK seeing a 25% rise, France up 16% and Nigeria experiencing a 17.1% boost.

This summer of excitement presents a prime opportunity for operators to cross-sell and encourage players to explore a diverse range of games and products. Implementing effective cross-selling strategies will be crucial for maintaining player engagement well beyond the summer. The observed sportsbook and casino trends suggest a strong link between these behaviours, which we will monitor closely.

For more insights visit Optimove’s Pulse.

Number of monthly deposits per player – UK

Sports

Monthly conversion and retention – May 2024

Average monthly amount distribution per single deposit

Average monthly amount distribution – total deposit

Average number of deposits per player – 12

Casino

Monthly conversion and retention – May 2024

Average monthly amount distribution per single deposit

Average monthly amount distribution – total deposit

Average number of deposits per player – 14.1

Sports and casino betting activity

Average bet amount per player

Sports – €435, casino – €1,359, all – €789

                                                                                                                                               

Average number of bets per player

Sports – 66, casino – 1,396, all – 555

Average net gaming revenue per player – €74.99

                                                                                                                                               

Average activity days per player – 8.31

Stay tuned for Optimove’s iGaming Pulse report to be published next month

The post Optimove iGaming Pulse Report May 2024: Deposits per player up ahead of summer of sports first appeared on EGR Intel.

 

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