State Gambling Affiliate Sites

A strategy of creating state-specific gambling affiliate websites that capitalize on the trend of US states legalizing online gambling. The approach focuses on being first-to-market in each state as legislation passes, building targeted content ahead of legalization.

Key Points:

  • Market Opportunity:

    • Sports betting revenue doubling in less than 1 year
    • Currently $4.3B revenue in US (as of 2023)
    • Still only legal in limited states (fewer states than marijuana)
  • Strategy:

    • Monitor states likely to legalize gambling
    • Create state-specific affiliate websites before legalization
    • Build content specifically for each state's market
    • Position site to rank when legislation passes
    • Sell to larger betting companies once established
  • Proven Success Example:

    • New Jersey betting affiliate site sold for ~$46M
    • Minnesota betting affiliate site sold for similar amount (~$40M)
    • Both sold to same company within 2-year timespan
    • Merged with competitor to control market supply
    • Leveraged market position to demand higher affiliate rates
  • Key Success Factors:

    • First mover advantage in each state
    • Hyper-targeted content for specific state
    • Patient approach - waiting for legislation
    • Building authority before competitors enter
SP

Shaan Puri

Host of MFM

Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.

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