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 within the year that is full October 2015 to September 2016, according to numbers released this week by the UK 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 a unique dependence’ on revenue from gambling companies.

That triggered all-time-high profits of £333.4 million ($432 million). The data comes since the sport and its regulating body within the UK, the FA, was accused of having too cozy a relationship that is financial betting companies, who provide it with multiple millions in sponsorship deals.

Meanwhile, there have lately been several profile that is high of soccer players succumbing to gambling addiction and the BBC has stated that gambling among players is widespread.

Most recently, Burnley midfielder Joey Barton admitted to bets that are placing 1,260 matches between 2006 and 2013, including at least five in which he was a player.

He was banned and fined from the game for 18 months, and later fired by Burnley. Professional soccer players are prohibited from placing bets on the sport that is own of whether they’ve been directly involved in the games or not.

Elephant into the Locker Room

Barton, an outspoken social media user, has admitted he is a gambling addict and criticContinue reading