Tag: sports betting is booming
Why Sports Betting is Booming Globally in 2022
June 24, 2022
Sports betting is booming, but nothing new. It has been around for centuries, with the first recorded bet being placed on a horse race in 16th century England. However, sports betting has undergone something of a renaissance in recent years, thanks to the growth of online gambling platforms and the increasing popularity of sports such as football and basketball in countries across each continent. And this trend looks set to continue in 2022, with sports betting expected to boom globally. In 2022, it is estimated that sports betting will generate over $1 trillion in revenue. This is a staggering figure,…