Sport Betting Industry Looks To Protect Itself

Betting on sport is huge service.Sport England estimates the value of spending on sport-related gambling in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.Which figure is likely to have grown further, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summer season.Meanwhile, German research company Sport & Markt estimates the total worldwide betting market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and sports betting gaming.But when the stability of occasions are hit the betting market suffers, and revenues are put…