The summer doldrums are not just for TV or bored school-aged kids.
The ever-growing market for legalized sports gambling dips in the summer months, too. But it’s not from vacations, per se, as much as the declining number of high-profile betting events between the end of NCAA basketball’s March Madness and the start of the professional and college football seasons.
“A slowdown is inevitable in April without football or a major sports betting holiday like the opening rounds of the NCAA tournament to draw bettors to sports books,” Alec Cunningham, lead analyst for “PlayTenn.com Alec Cunningham,” says on that website.
“Importantly, strong year-over-year performance shows the industry has so far largely been unaffected by headwinds in the greater economy,” Cunningham continued. “But that is something sports books will have to watch over the coming months.”
An expectation of slower summer months is commonplace across the sports gambling world.