Skip to main content

World Cup online bookmakers are set to make record $36B this year


Sports betting is worth up to £625 billion per year, with 70% of that trade reckoned to come from football. During big sporting competitions, such as the World Cup, even more money is spent gambling than usual. Over the 2018 World Cup, bookmakers are estimated to make a profit of US$36.4 billion (£41.3 billion). And in the UK, the amount of money spent on gambling during the World Cup is expected to more than double from £1 billion in 2014 to £2.5 billion this year. Sports gambling is being driven by the unlimited availability of online betting and the fact…

This story continues at The Next Web


from The Next Web https://ift.tt/2Ky7zgF

Comments

Post a Comment

Popular posts from this blog

Babul Supriyo joins Mamata's party; BJP says 'this is not politics', Trinamool reminds it of pre-poll poaching

Post a Comment
Read more

In photos: Europe's best ski resorts 2018

France has emerged Europe's top ski destination in a new list that ranks the public's favorite ski resorts across the continent. Organized by the Brussels-based group European Best Destinations, which works to promote culture and tourism in Europe, the online poll garnered 119,228 votes from 92 countries and crowned France's Val Thorens ski resort the best on the continent. Overall, France dominates the ranking, taking up seven of the top 10 spots. from Yahoo News - Latest News & Headlines http://ift.tt/2zAK9Pe
Post a Comment
Read more