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 in the full year from October 2015 to September 2016, according to numbers 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 triggered all-time-high profits of £333.4 million ($432 million). The data comes because the sport and its regulating body in the UK, the https://myfreepokies.com/21-dukes-casino/ FA, was accused of getting too cozy a monetary relationship with betting companies, who provide it with multiple millions in sponsorship deals.

Meanwhile, there have recently been several visible situations of soccer players succumbing to gambling addiction and the BBC has reported that gambling among players is widespread.

Many recently, Burnley midfielder Joey Barton admitted to placing wagers 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 their sport that is own of whether these are typically directly tangled up in the games or not.

Elephant within the Locker Room

Barton, an outspoken social media user, has admitted he is a gambling Continue reading “Soccer Generates Record £1.4 billion Revenues for UK Bookies”