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Kambi’s 2024 Tribal Sports Betting Report featured a variety of trends and insights using 2023 data from the company’s network of nine North American tribal partners.

The report included a breakdown of retail and online bettors’ spending patterns after a winning bet was recorded—overall, the vast majority of winnings were reinvested into other bets within 24 hours. This was especially true for online bettors, as 94 percent of winning mobile bets were reinvested within that time frame.

Surprisingly, 62 percent of those reinvestments happened within one to 10 minutes after the previous bet.

Land-based results were slightly lower, as 77 percent of those winning bets were redirected into new wagers in a day’s time, with 48 percent happening within one to 10 minutes.

Kambi also noted that the overall handle for the company’s tribal partner network grew a total of 128 percent year-over-year 2022-2023. To obtain a copy of the full report, visit kambi.com.

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