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

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


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…

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June 30, 2018 at 12:49PM
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