Do Celebrities Matter When Endorsing Wagering Companies?

Many gambling companies are incorporating celebrity endorsements into their marketing, believing it will help build the company’s brand, drive sign-ups, and generate traffic.
Do celebrity endorsements actually matter? A new study revealed the answers.
Celebrity Endorsements & Gambling: Survey Results
How do gamblers react when they see a celebrity promoting a certain sportsbook or casino?
YouGov, a data analytics firm in the UK, ran a poll to determine if celebrity gambling endorsements impact brand impression. Here were the results:
42% of U.S. gamblers who see a celebrity in a gambling ad view the brand positively. Furthermore, 14% of those same people changed their answer to “very positively.”
42% of U.S. gamblers said that seeing a celebrity-branded gambling ad does not affect their perception of the brand. Consequently, 10% of U.S. gamblers said that it hurt their perception of the brand.
What about non-gamblers? 70% of Americans 21+ said a celebrity-fronted gambling ad does not change their perception. In that same group, 12% indicated that celebrities had a positive impact on their views of gambling brands, and 12% said it had a negative impact.
A plurality of American gamblers say that watching a celeb-fronted gambling ad doesn’t change their perception of the brand (42%). Among Americans on the whole, this share rises to 70%.
Do Celebrities Matter for Gambling Ads?
How much does having a celebrity matter for a gambling brand? That’s the million-dollar question. For celebrities like Charles Barkley, who has a lucrative deal with FanDuel, it’s a multi-million-dollar question for companies.
Celebrity exposure to a gambling brand definitely helps. 43% of gamblers are more likely to notice a gambling brand and be entertained by it with a celebrity endorsement.
However, 46% of gamblers say that these popular figures make brands appear “less authentic or overly promotional.”
The general population believes that celebrity involvement does not equal trust. Only 13% of Americans said that gambling brands feel more responsible with a celebrity at the forefront of the marketing.
Does Having the Right Celebrity Matter?
Judging by the data above, celebrities can impact how the population views a gambling brand. Knowing who the celebrity is can potentially be a determining factor in this study.
Among the gamblers polled, 41% believe professional athletes and gambling professionals are the ideal celebrities to endorse a wagering company. The next list of celebrities whom gamblers feel are applicable for gambling endorsements are actors (38%), musicians (34%), and reality TV stars (28%).
The general public is less passionate about celebrity endorsers. Only 18% of the Americans polled believe professional athletes are suitable to endorse gambling companies.
Conclusion: Celebrity endorsements matter, but finding the right ambassador is more important.
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