Women are joining sports betting apps at faster rates than men

More women are interested in online gaming than ever before, seeing a 115% year-over-year increase in growth.

Video transcript

- [INAUDIBLE] Yahoo Finance Live everyone, women are signing up for online sports betting apps at double the rate of men. Now the number of women on these apps grew to 4.6 million in 2021. That's 115% more than the year prior. Still, despite this surge, there are still 250% more men on these apps. Now as more states legalize online sports betting, we could see the number balance out, especially since a study shows that women make up 47% of all sports fans.

Now I'm not much of a gambler but I can see how some could be lured in, especially the social aspect of chasing a friendly wager against friends. Dave?

- Tell you what it is interesting to see how many women are in the space. And lot of women watching hockey this season, which has been a big pickup.