Soccer Generates Record £1.4 billion Revenues for UK Bookies

Soccer Generates Record £1.4 billion Revenues for UK Bookies

Soccer yielded a record £1.4 billion ($1.8 billion) in revenues for UK bookmakers into the year that is full October 2015 to September 2016, according to figures released this week by the united kingdom Gambling Commission.

Premier League soccer player Joey Barton was recently sanctioned by the FA for gambling violations but he says the UK’s soccer body that is governing to ‘look at its dependence’ on revenue from gambling companies.

That led to all-time-high profits of £333.4 million ($432 million). The data comes while the sport and its governing body within the UK, the FA, happens to be accused of getting too cozy a relationship that is financial betting companies, who provide it with multiple millions in sponsorship deals.

Meanwhile, there have recently been several profile that is high of soccer players succumbing to gambling addiction and the BBC has stated that gambling among players is widespread.

Many recently, Burnley midfielder Joey Barton admitted to placing bets on 1,260 matches between 2006 and 2013, including at least five in which he was a player.

He had been banned and fined from the overall game for 18 months, and later fired by Burnley. Professional soccer players are prohibited from placing bets on the sport that is own of whether they are straight tangled up in the games or not.

Elephant in the Locker Room

Barton, an outspoken social media user, has admitted he is a gambling a Lire la suite

ESports Gambling Now Fully Recognized Under Nevada Law, Gov. Sandoval Signs Parimutuel Bill

ESports Gambling Now Fully Recognized Under Nevada Law, Gov. Sandoval Signs Parimutuel Bill

ESports betting is finally getting the sort of recognition the rapidly emerging space maybe deserves. Over the Nevada Governor Brian Sandoval (R) made wagering on competitive video gaming fully legal weekend.

Nevada Governor Brian Sandoval has officially made eSports betting a appropriate activity in their state.

By signing a bill that adds the tournaments to hawaii’s parimutuel rule, Governor Sandoval solidified the legality of eSports betting into the state of Nevada for the foreseeable future.

Senate Bill 240, authored by State Sen. Becky Harris County that is(R-Clark) amends Nevada’s legislation on parimutuel wagering to add ‘other events’ than just horse races, animal races, and athletic sporting events.

The legislation will allow Silver State sportsbooks to simply take odds on everything from eSports to whom will win Best Actor at the Oscars. It won’t, however, allow for wagering on politics.

SB 240 had been passed unanimously by both the Nevada Assembly and Senate. Sandoval’s signature on the statute came as no surprise.

The Nevada Gaming Control Board, a three-member panel appointed by the governor, signed off for a recommendation from the state’s Gaming Policy Committee to enable books to take eSports wagers fall that is last. The Downtown Grand’s William Hill sportsbook right after became the first location to simply take eSports bets.

‘There’s a lot for me to master,’ Sand Lire la suite