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Many sports betting platforms now offer the opportunity for punters to place multiple bets in quick succession during the course of a match.
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A plethora of sport betting operators will now enter the Canadian market and contribute to the economy through consumer betting and marketing partnerships. But what are the risks?
European football leagues’ popularity and increased internet access make football betting attractive among young people in Nigeria.
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What needs attention is the lack of opportunity that drives sports betting.
The odds of more legal betting are good.
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About 47 million adults in the US are expected to gamble on March Madness this year. A growing share of the bets will actually be legal.
An alarmingly high proportion of problem gamblers are using off-shore betting firms for ‘micro-betting’ on sports.
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New research has found that more than a third of Australian sports gamblers are making micro-bets using offshore operators. And this type of betting is strongly linked to problem gambling.
No date has been set for the introduction of a £2 stake limit on fixed-odds betting terminals.
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Studies looking at a cross section of the UK population have long recognised FOBTs as contributors to harmful gambling.
States, casinos and leagues could all cash in. Will sports media get a cut of the action too?
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With bettors clamoring for an edge, legacy media outlets could add a gambling beat to their daily sports coverage – or risk losing out.
The U.K., where sports gambling is legal, provides a good source of data for the likely impact in the U.S.
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Many states are pondering making gambling on sports legal after the US Supreme Court overturned a federal ban. But is the industry really worth as much as some say it is?
A screen shows a baseball game next to various betting lines at the Westgate Superbook in Las Vegas, Nevada.
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But those hoping for a boon in tax revenues could be sorely mistaken: Sports betting isn’t as lucrative as it’s often portrayed to be.
Young people in Africa are getting addicted to online betting through their mobile phones.
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Mobile money transfers have been a great asset. But the rise of online betting could threaten its contribution.
About 39.1% of Australians typically gamble on a monthly basis: most of them buy lottery products.
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Gambling has impacts on many aspects of life – including employment, income and wealth. The release of HILDA’s latest survey provides more evidence to help inform decisions on gambling policy.
Sydney’s Lance Franklin is a popular choice for many fantasy AFL coaches.
AAP/David Moir
Fantasy sports began as a niche hobby for statistically inclined sports fanatics. But, with the internet, it has evolved into a multi-billion-dollar industry.
While gaming advertising will be banned before 8.30pm, the ban doesn’t extend to perimeter advertising or on-air mentions of betting odds.
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When is the upcoming ban on early evening TV sports betting ads not a real ban? When it’s a partial ban that ignores how real people watch sport.
Logos of betting companies and the odds on sporting outcomes are now impossible to avoid, at the ground or on TV.
AAP/Julian Smith
It is gambling, especially online and mobile, that has come into focus as sport’s most potentially damaging byproduct.
Greater protections for online gamblers are clearly needed, given its growth and higher rates of problem gambling among its users.
AAP/Lukas Coch
There is reason to suggest new reforms, such a banning credit bets and establishing a self-exclusion register, will have some impact in helping to tackle problem gambling online.
Sports betting has become a high-profile part of the rugby league’s income and branding.
Karl Monaghan
The NRL is trying to reduce its exposure to the integrity risks posed by spot-fixing.
Nick Xenophon is again pushing for a ban on gambling ads during TV sport broadcasts.
AAP/Mick Tsikas
Restrictions on gambling advertisements may be effective in helping those with problems manage their urges to gamble.
William Hill is among the online bookies to be registered in the Northern Territory, where the tax and regulatory environment is more favourable.
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No state wants to see its revenue base decline – particularly when the jurisdiction benefiting doesn’t even tax (or regulate) its bookies as well as it might.
Sports betting in Australia has been growing rapidly in recent years – all that advertising seems to be paying off.
AAP/Julian Smith
Gambling losses in Australia are now close to $23 billion. What’s driving this? And do we need to reform gambling regulation?
In the pink? Betting companies have been on our screens in the hunt for gamblers.
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There were 1.39m gambling ads on television in 2012.