Sport Betting Industry Looks To Protect Itself
- Location: 101211, Meghalaya, India
sports betting on sport is big service.
Sport England estimates the value of costs on sport-related gaming in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.
Which figure is likely to have grown even more, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summer.
Meanwhile, German research company Sport & Markt estimates the general international gaming market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and sports betting.
But when the stability of events are hit the gambling industry suffers, and earnings are put under risk if consumers can not bet with self-confidence.
And there can have been couple of higher-profile sport sports betting stories than those affecting cricket and snooker this year.
High-profile
As Sport & Markt's Gareth Moore observes: "Everyone talks about the sports betting market now.
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