Category Archives: Gambling

When the Saints lost to the Vikings in the NFL wild-card round in January 2020, it marked a disappointing end to a season that started with swollen hopes. It signified another lost opportunity for Drew Brees to win a second Super Bowl. It also meant that Hall of Famer Paul Hornung had lost a bet hed placed at the start of the season.

Man Makes Wager On the NFLis not exactly a news flash, given that NFL games come swaddled with ads for betting apps and websites and operators, and millions of Americans have action on football each week. But when, in 2019, Hornung cut the ribbon on a new sportsbook in Indiana and, for a ceremonial first bet, picked the Saints to win the Lombardi Trophy, it marked a significant moving of the cultural chains.

Walter Iooss Jr./Sports Illustrated

In April 1963 the NFL suspended Hornung, the Packers halfback, for the exact same act: wagering on football. And he wasnt the only star player exiled for an indefinite period with the possibility of reinstatement after a year. The leagues best defensive player, Lions tackle Alex Karras, suffered the same fate. This would be the equivalent of, say, Aaron Rodgers and J.J. Watt both getting pounded with 16-game suspensions for a sin . . . that would later become as much a part of the NFL tableau as tailgating and the Super Bowl halftime show.

For Hornung, it was always Saturday night and never Sunday morning. Almost comically versatile, he played four positions at Flaget High in Louisville: quarterback, running back, receiver and kicker. Bear Bryant recruited Hornung to Kentucky and might have stayed at the school had he landed him. But to win favor with his Catholic mother Hornung chose Notre Dame, where, on account of his athletic pedigree and blond mane, he earned the nickname Golden Boy. Hornung won the Heisman Trophy in 1956; the following year Green Bay drafted him with the No. 1 pick.

When the team hired Vince Lombardi as its new coach in 1959, Hornungs pro career blossomed. He led the NFL in scoring in each of the next three seasons and was named MVP in 61. In the NFL championship game that year, Hornung scored 19 pointsa rushing touchdown, four extra points and three field goalsin a 370 win over the Giants, a record that stood for 56 years.

You know what made him great inside the 5-yard line? Lombardi once asked rhetorically. He loved the glory. He loved the glory like no player Ive ever coached.

Hornungs abilities playing football were rivaled by what might charitably be called his aptitude for cavorting. When he wasnt drinking or seeking female companionship, he was gambling. Born in Louisville in 1935, Hornung was 14 when he hitched a ride to Churchill Downs for his first visit. He was seduced. Soon, he was working at the joint, first as a teenage usher, then on construction. A not-insignificant portion of his wages went toward wagering. All I did, really, Hornung recalled in his 2004 autobiography, Golden Boy, was seek out fun wherever I could find it. Everything was all tied in togetherthe drinking, the womanizing, the partying, the traveling, the gambling. And, of course, football made it all possible.

Weeks after Hornung led Green Bay to the 1962 championship, commissioner Pete Rozelle issued the suspension. For years the league had worried that high rollers and criminal types might undermine the integrity of the sport, and it prohibited employees from betting on any NFL game or event. That season Rozelle had launched an investigation into players ties to bettors. As he put it to Sports Illustrated at the time of the ban: This sport has grown so quickly and gained so much of the approval of the American public that the only way it can be hurt is through gambling.

In the last game he would play before his exile, Hornung helped the Packers beat the Giants 167 and win their second straight championship.

Neil Leifer/Sports Illustrated

Hornung admitted to betting on horses, betting on college and NFL games, even betting on the Packers (though only to win). Starting in 1959, he placed wagers with a gambler in San Francisco that went as high as $500at the time, more than the median monthly household income. When Rozelle and his gumshoes confronted him, Hornung denied nothing. Rozelle then summoned Lombardi to New York City to lay out both the NFLs position and its trove of evidence.

What are you going to do? Lombardi asked.

Rozelle explained that a ban of at least one full season was in order.

You have no choice, do you? Lombardi asked.

I dont think so, Vinny, Rozelle replied. Lets go get a drink.

Hornung was not the only player suspended for gambling and associating with undesirables that season. Alex Karras was among the leagues fiercest linemen. A scowling, almost cartoonish brute, he referred to opposing players as milk drinkers. Mike Ditka, then the Bears tight end, remarked that there were no players tougher than Karras. He was thought of, at the time, as the best defensive lineman in football, Ditka said. I know there was Big Daddy Lipscomb. There were a lot of guys. But he was the best.

Karras, the son of a Greek-born doctor and a Canadian-born nurse, grew up in Gary, Ind., playing football on parking lots. Though he was expected to go to Indiana, where his older brother played, he committed to Iowa.

Smart, stubborn and as happy matching wits as he was flattening quarterbacks, Karras didnt take kindly to authority. When he was displeased with his playing time as a sophomore, he threw a shoe at Hawkeyes coach Forest Evashevski, then quit the team. He was reinstated but, as a result of his outburst, did not earn a varsity letter for that season. (Karras and Evashevski never spoke off the field.)

Karras won the Outland Trophy as a senior and was the 10th pick in the 1958 draft. Shortly after joining the Lions, he bought an ownership stake in Lindell AC, a downtown Detroit bar that found favor with sports fans and gamblers.

After his suspension, Karras (71) once joked to a ref who'd asked him to call the pregame coin flip: Im sorry, sir, but Im not permitted to gamble.

Focus on Sport/Getty Images

When Lions brass and NFL executives tried to persuade Karras to sell his piece of the bar, he explained to them the concept of free enterprise. As The New York Times once put it, Karras deplored the way players were treated like chattel on the one hand, deployed as seen fit, and children on the other, held to restrictive behavioral standards, scolded and disciplined.

The 6' 2", 248-pound Karras played with such furious intensity that he sometimes turned on his teammates. In a 1962 game against Green Bay, the Lionsas they often did, even back thenlost when they should have won. Leading 76, they needed only to run out the clock. But Milt Plum threw an interception, enabling Hornung to kick a field goal to steal the victory. In the locker room Karras allegedly chucked his helmet at Plum, narrowly missing his head. Asked years later to describe his state of mind then, he responded, Absolutely violent.

He was similarly enraged a few months later when Rozelle told him of his suspension. Karras had placed at least a half dozen bets on the NFL, including one on Detroit for $100, in direct contravention of league policy. I also took into account that the violations of Hornung and Karras were continuing, not casual, Rozelle said. They were continuing, flagrant and increasing. Both players had been informed over and over of the league rule on gambling. The rule is posted in every clubhouse in the league as well. . . . I could only exact from them the most severe penalty short of banishment for life.

Two of the leagues biggest names, suspended in the primes of their careers for an entire season? Today, that would, as they say, break the internet. Hornung unreservedly accepted his ban. He apologized publicly and frequently, and felt no animus toward Rozelle. At an airport once, a fellow traveler spotted Hornung and remarked, What an s.o.b. that Rozelle is. How could he ban a guy for betting on his own team? Worst thing hes ever done.

No, sir, youre wrong about that, Hornung replied. Rozelle was right, and I was in the wrong. When I broke the rule, he did what he had to do.

To Karras, the severity of the punishment was wildly out of proportion to the offense. He capitalized on his exile by taking part in a pro wrestling match against Dick the Bruiser, noting that the $17,000 he made was more than his NFL salary at the time. He did not hide his disdain for Rozelle, whom he once called a buzzard.

Their reinstatement was predicated on a number of conditions. Neither could visit Las Vegas. Hornung wasnt allowed to attend the Kentucky Derby, much less bet on horses, as long as he was in the NFL. Karrass reinstatement came with similar restrictions, including the sale of his stake in the bar. During the 1964 season, an official summoned Karras to midfield for a pregame coin toss. Im sorry, sir, Karras said dryly, but Im not permitted to gamble.

Despite missing a year in his prime, Karras was back to being named an All-Pro, and, later, a member of the NFLs All-Decade team for the 1960s. He played his entire 12-year career with the Lions, though they reached the playoffs just once. Likewise, Hornung played for only the Packers; in two of his final three seasons they won the NFL championship.

Hornung and Karras lived the post-NFL lives you might have predicted. Hornung returned to Louisville, settled down with his wife, Angela, and made good money in real estate development. He also became a fixture at the Derby. For years he was a prominent broadcaster, trading on his name and winning personality. Its not a charity golf tournament, Bob Knight said in 1990, until Hornung shows up.

In 1968, Karras played himself in Paper Lion, the movie adaptation of George Plimptons account of his foray into the NFL. (Karras and Plimpton stayed lifelong friends.) He got the acting bug, taking guest parts on shows like M*A*S*H*, The Odd Couple and Love, American Style, before taking starring roles himself. To some, Karras is best recalled for portraying George Papadapolis in Webster, starring alongside Susan Clarkhis real-life wifeand Emmanuel Lewis. To others, he will be forever remembered as the dim-witted Mongo in Blazing Saddles, punching a horse and uttering the immortal line: Mongo only pawn in game of life. From 1974 to 76, he joined Howard Cosell and Frank Gifford in the Monday Night Football booth.

Meanwhile, the NFL continuedpublicly at leastto condemn gambling and project the impression of being shocked (shocked!) that fans were wagering on games, even though handicapper Jimmy the Greek had been appearing on CBSs The NFL Today for 12 years. (When the Greek was let go in 1988, the league did pressure the network not to replace him with another handicapper.) In 2003, the NFL rejected an offer from the Las Vegas Convention and Visitors Authority to buy a 30-second commercial slot during the Super Bowl. Commissioner Roger Goodell wrote a letter to the governor of Delaware in 09 condemning the states effort to renew its NFL betting lottery. By legalizing sports betting, Goodell wrote, it will be in Delawares interest to create ever larger numbers of new gamblers as the state attempts to maximize any revenue found in this promotion. The negative social impact of additional gambling cannot be minimized in a community.

Hornung and Karras werent friends, but a symmetry ran between them. They were the two players suspended in 1963. They both became broadcasters and kept up their celebrity status in retirement. Tragically, they each had dementia and traced the source to football. Karras joined a 2012 lawsuit brought by former players, asserting that the NFL failed to protect him against the physical beating he took. (He died months after the suit was filed.) Hornung sued Riddell, the helmet maker, asserting that the company knew of the dangers of brain trauma more than 50 years ago and failed to warn him and other players that their equipment would do nothing to prevent concussions. (He died last November.)

Maybe above all, both Hornung and Karras had to wait to be enshrined in the Pro Football Hall of Fame. Hornungremember: the 1961 MVP and four-time championwas not voted in until 86, his 15th time on the ballot. Karras, the less remorseful of the two, had to wait 45 years for his election in 2020. On Saturday, in Canton, he'll be formally inducted as part of a Centennial Class that had its ceremony rescheduled last summer due to the coronavirus pandemic.

In 2019, NFL stars Jimmy Garoppolo and Tom Brady went to the Derby, but it was off-limits to Hornung.

Michael Loccisano/Getty Images/Churchill Downs

Six decades after their suspensions, the NFL has changed its field position on gambling. After years of denying that it was part of the core NFL experience, the league now freely embraces sports betting as a revenue source. Once a destination so forbidden it couldnt even buy ad time during the Super Bowl, Las Vegas is not only the home of the Raiders but also a possible future host of the Super Bowl. Gambling revenue is also referenced in collective bargaining agreements, split between teams and players. If sports gambling was going to be legalized in 20 states (and counting), the NFL was going to be damn sure it wouldnt miss out on a windfall that will approach $2.3 billion.

The same league that suspended Karras for gambling? The announcement of his posthumous election to Canton was broken on the NFL Networkright over the Fantasy Showdown sponsored by DraftKings. Most accounts that followed contained some variation of the word finally.

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The Year the NFL Banned Two of its Biggest Stars for Gambling - Sports Illustrated

Despite being one of the most prominent gambling streamers on Twitch, Tyler Trainwrecks Niknam revealed that hes thinking about slowing down and maybe even stopping once and for all.

Even though hes lost a significant amount of money and been subject to criticism from other content creators like Ethan Klein, Hasan HasanAbi Piker, Imane Pokimane Anys,Trainwrecks has been one of the biggest proponents of gambling streams on Twitch.

Although he urged people not to gamble, he asked them to watch him do it instead and has defended his gambling streams multiple times. Heclapped back at those who criticized him numerous times and even claimedhis gambling streams are the most transparent ones on the platform.

However, it seems like hes softened his stance and is considering slowing down and maybe even quitting after realizing that gambling the amounts he does in front of others makes him feel weird and uncomfortable.

Im getting to a point where even though I do give away a lot of my money to charity and people, its still getting weird *publicly* gambling the amounts that I do, he said. It feels uncomfortable low key, but hopefully, I get a big W today so I can slow the f**k down.

In a separate message written a day earlier, Trainwrecks also claimed his luck has been so f**king bad, and he cant tell if hes being a sore loser with conspiracy theories in his head or getting robbed by the providers.

Either way, it seems like Trainwrecks is getting a bit burnt out from all the gambling streams. Maybe some of the criticism is getting to him, too.

Considering he claimed his last stream would be the last one if he lost, and now hes expressed a desire to slow down and potentially quit, perhaps hes ready to move on once and for all.

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Trainwrecks reveals why hes thinking about ending his Twitch gambling streams - Dexerto

A new gambling consumer ombudsman and a ban on sports shirt sponsorship are set to be backed by ministers, the Daily Mail reports.

An official review will also ban "VIP" schemes, which hand out cash bonuses and rewards to players with heavy gambling losses.

No stake limit online slot games will be cut to 2 ($2.77) per spin, while hundreds of high street betting shops will be closed.

"Binge gambling" will also be tackled with new limits to keep betting affordable.

A consultation was closed in March with 16,000 responses and ministers are expected to announce proposals in a White Paper later this year.

The UK is said to have 400,000 gambling addicts, including 55,000 children, although the source of this figure came from a very questionable Gambling Commission report.

More than two million people are at risk of becoming victims of gambling addiction, according to previous research.

MPs and campaigners have set their sights on what they call the "wild west" online sector, following the passing of a 2 maximum stake on fixed odd betting terminals (FOBTs), although the actual impact of this rule on problem gambling has been questionable at best.

"The Gambling-Act is an analogue act for the digital age designed two years before smartphones. Now the majority of gambling is online and on phones," Culture Secretary Oliver Dowden told the Mail.

"You essentially have a betting shop in your pocket. I think it's right that we look at regulations."

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New gambling laws combatting addiction to be backed by UK ministers - Gambling Insider - In-depth Analysis for the Gaming Industry

The MLB Gambling Podcast brings you a new episode to get your betting week started. Malcolm Bamford and Munaf Manji drop their bi-weekly episode to get you caught up on all things happening around the diamond and their MLB Week Preview. First, the guys discuss the Ramon Laureano suspension. Next, they get into Yankees COVID news and Japan winning the baseball gold medal. In addition, the guys discuss a few injury news about Javy Baez and Chris Sale.

Later in the podcast the guys get into a discussion about the emergence of the NL East race. All of the sudden the Mets are third place in the N.L East division. Malcolm and Munaf discuss what has been the downfall for the Mets. In addition, the guys discuss if the Phillies will be able to keep up their recent white hot play. As always the guys wrap up the show with their best bets for the new week!

Make sure to subscribe to MLB Gambling Podcast onAppleandSpotify. Check Malcolm Bamford, Will Moorman, Nick Dant, and Munaf Manjis updated daily MLB picks today and EVERY DAMN DAY atSG.PN/MLBpicks.

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MLB Week Betting Preview 8.9-8.12 + NL East Division Race | MLB Gambling Podcast (Ep. 31) - The Sports Gambling Podcast

San Jose Sharks Evander Kane accused of betting on his own games

Evander Kane's wife, Ana, made the claims against her husband on social media over the weekend. The NHL player responded in his own post, denying this ever happened.

Allegations from his estranged wife that Evander Kane bet on hockey games, including his own, and tried to lose for profit have sparked an NHL investigation into the San Jose Sharks forward's gambling activities.

Just what the league will find and how quickly is anyone's guess.

If the investigation reveals Kane bet against his own team, those are uncharted waters for a league that has signed more than a half dozen partnerships with sportsbooks, data providers and other gambling-related entities since the Supreme Court cleared the way for legalized sports betting in 2018.

Q: WHAT HAPPENED IN THIS CASE?

On social media, Anna Kane wrote: "How does the NHL let a compulsive gambling addict still play when hes obviously throwing games to win money?" and "Can someone ask (Commissioner) Gary Bettman how they let a player gamble on his own games? Bet and win with bookies on his own games?" Kane vehemently denied the allegations and said he would be cleared of any wrongdoing.

Q: WHAT IS THE POTENTIAL PUNISHMENT?

The gambling case familiar to most U.S. sports fans is that of Pete Rose, who was banned from Major League Baseball for life. The NHL does have gambling scandals in its history, though it has been a while.

NHL coach Rick Tocchet in May 2007 pleaded guilty to conspiracy and promoting gambling and was put on probation for two years for his role in an illegal gambling ring caught by the "Operation Slapshot" undercover police operation while working as an Arizona Coyotes assistant. He was allowed to return to the NHL the following February on the condition he refrained from gambling.

Boston players Don Gallinger and Billy Taylor were banned in 1948 for betting on the Bruins and reinstated in 1970. Walter Pratt was banned for nine games for betting on games, but he wound up in the Hall of Fame.

Q: WHAT IS THE NHL POLICY ON GAMBLING?

The collective bargaining agreement includes this sentence: "Gambling on any NHL Game is prohibited." This is a fairly common stance for professional leagues, including the NFL, which suspended Josh Shaw for the rest of 2019 and all of 2020 for betting on other games around the league. NFL Commissioner Roger Goodell at the time said: "If you work in the NFL in any capacity, you may not bet on NFL football."

NHL teams can go as far as prohibiting employees from hockey operations to the business side from even joining fantasy leagues for money. There is the question of what falls under gambling, given the variety of full-season and daily fantasy gaming options.

"It absolutely has to be expanded beyond this one line," US Bets sports betting analyst Chris Altruda said of the NHL policy. "Theres a wide latitude of what a player conceivably can and cannot do to that end."

Altruda and other experts wondered if leagues will expand to preventing players from betting on any sport. Declan Hill, a professor at the University of New Haven who has written extensively about match fixing and corruption, takes it one step further.

"Part of the price of being a professional athlete should be: You're not allowed to gamble," Hill said, referring to any sport and casino wagering. "Thats going to be immensely difficult but, its one of those things that have to be done because Ive seen the credibility of sports destroyed around the world."

Q: WHAT GOES INTO AN INVESTIGATION?

The first step, Hill said, is finding out where a player is placing bets.

"Most of the action is handled by illegal sportsbooks," he said. "Get into that and get them knowing that and make sure that the player produces his phone records and his payments, so you can see where the money is going in and out and you can see where the payments are coming from."

That's easier said than done, but leagues are not alone in conducting these types of investigations.

NFL spokesman Brian McCarthy, while declining to detail the league's playbook on investigating, said, "We have a robust monitoring and information network with multiple sources of information and substantial resources to ensure compliance with our policies and to detect and investigate improper activity." That has included security representatives in Nevada for decades and now nationwide.

Q: WHO DOES THE ACTUAL INVESTIGATING?

Deputy Commissioner Bill Daly said NHL officials "have a number of third-party resources that we regularly employ to monitor betting activities on our games. I expect those resources will be utilized as part and parcel of the overall investigation" of Kane.

SportRadar is the NHL's "integrity services provider," and there are other companies in that space, including Genius Sports and US Integrity. In tennis, where match-fixing and betting irregularities came to light in the past two decades, an independent integrity unit was formed to flag suspicious patterns and dole out punishments.

Like the International Tennis Integrity Agency, the NHL has agreements that in selling data to legal sportsbooks, there could be an obligation to cooperate with investigations and hand over records beyond privacy laws that are stricter in Europe than North America.

Several experts said if an athlete does all of their betting illegally or with an off-shore outlet, it could be significantly more difficult to find proof. A whistleblower could help in that department, and integrity companies often have contacts at so-called "gray market" betting outlets who could provide information.

Q: HOW OFTEN ARE INVESTIGATIONS ONGOING?

Probably more often than you think.

Seth Palansky, vice president of corporate and social responsibility at Conscious Gaming who also has worked for the NFL and Caesars Entertainment, said there are currently three insider betting investigations going on in three different jurisdictions nothing to do with Kane.

As recently as this year, Russian tennis player Yana Sizikova was arrested in Paris on suspicion of match-fixing at the 2020 French Open. The NFL investigated and punished Shaw in 2019.

NBA referee Tim Donaghy pleaded guilty in 2008 to wire fraud and transmitting betting information for taking thousands of dollars from a gambler for inside tips on games, including games he worked. He was sentenced to 15 months behind bars.

Q: WHAT MORE CAN BE DONE?

McCarthy said preventative measures are the start of the NFLs efforts and Joe Bertolone, executive director of the International Center for Gaming Regulation at UNLV, believes education is the biggest key.

"Making sure that athletes understand what it is thats really going on in sport betting is hugely critical," Bertolone said. "Is it 50% of the puzzle? Is it 75% of the puzzle? I dont know. But what I do know is that when someone is smarter about something, theyre going to be able to prevent a lot of problems down the road."

Palansky's Conscious Gaming wants to take monitoring and enforcement to another level. If a league contracts with the company, it can provide the names and information of anyone who should be prevented from gambling on a given sport from placing any bets with the sportsbooks that also opt in.

"Our technology works to follow the policies of the league," Palansky said. "In Evander Kanes case, he would be able to log on. And if he wants to place a bet on Olympic track and field, he could do that. But if he tries to make a bet on hockey, he couldnt."

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Here's how the NHL investigates gambling allegations - KTVU San Francisco

The ORBIS RESEARCH report on the global VR Gambling technology market provides a scientific and systematic research on topics pertinent to the VR Gambling technology market. The market research defines and redefines industry problems, hypothesis, and suggest reliable solutions to the market participants. The report collects, organizes, and evaluates appropriate market data that involves several ways to collect the appropriate data such as primary and secondary resources. The secondary sources involve the collection of data from resources like official company websites, government publications, annual company reports, business magazines, and proprietary databases.

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Market bundle by Type, the product can be isolated into : Type IType IIType III

Market part by Application, split into : Application IApplication IIApplication III

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VR Gambling Market Growth, Share, Demand and Applications Forecast to 2028 - The Market Gossip - The Market Gossip

DUBLIN--(BUSINESS WIRE)--The "Global Gambling Market: Size, Trends & Forecasts with Impact Analysis of COVID-19 (2021-2025 Edition)" report has been added to ResearchAndMarkets.com's offering.

This report provides an in-depth analysis of the global gambling market followed by analysis of its segments in terms of value. The report also consists of analysis of gambling market by value in regions such as Americas and Europe. The gambling markets of Italy, UK and France have been analyzed under the Europe region.

Under competitive landscape, different players in the gambling market have been compared on the basis of revenue generated and market capitalization.

The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global gambling market has also been forecasted for the period 2021-2025 taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The market observed moderate impact due to COVID-19 pandemic. Although, the global gambling market is forecasted to showcase positive growth through the forecast period (2021-2025). The market growth is estimated to supported by various growth drivers such as increasing spending capability, legalization of gambling in countries such as US, rising penetration of smart devices, hike in internet penetration, and overall increase in global population especially within those lying in between the ages of 20-64 years.

The market is also confronted by some challenges such as the negative perceptions surrounding the gambling market and lack of internet connectivity in developing countries. Emergence of bitcoins, growing number of mergers and acquisitions (M&A), use of augmented reality to enhance gaming experience and cloud gaming are some of the major trends existing in the market.

International Games Technology Plc., Flutter Entertainment, Scientific Games Corporation and Galaxy Entertainment Group are some of the key players operating in the global gambling market whose company profiling has been done in the report. In this segment of the report, business overview, financial overview and the business strategies of the companies are provided.

Key Topics Covered:

1. Executive Summary

2. Introduction

2.1 Gambling Industry: An Overview

2.2 Regulations on Gambling: An Overview

2.3 Gambling Market Segments

2.3.1 On the Basis of Product Type

2.3.2 On the Basis of Platform Type

3. Global Market Sizing

3.1 Global Gambling Market: An Analysis

3.1.1 Global Gambling Market by Value

3.2 Global Gambling Market: Product Type Analysis

3.2.1 Global Gambling Market by Product Type (Casino, Lotteries, Gambling Machine, Betting and Others)

3.2.2 Global Casino Gambling Market by Value

3.2.3 Global Lotteries Gambling Market by Value

3.2.4 Global Gambling Machine Market by Value

3.2.5 Global Betting Market by Value

3.3 Global Gambling Market: Platform Type Analysis

3.3.1 Global Gambling Market by Platform Type (Landbased, Computer and Mobile)

3.3.2 Global Landbased Gambling Market by Value

3.3.3 Global Computer Gambling Market by Value

3.3.4 Global Mobile Gambling Market by Value

4. Regional Analysis

4.1 America Gambling Market: An Analysis

4.1.1 America Gambling Market by Value

4.2 America Gambling Market: Product Type Analysis

4.2.1 America Gambling Market by Product Type (Casino, Lotteries and Others)

4.2.2 America Casino Gambling Market by Value

4.2.3 America Lotteries Gambling Market by Value

4.3 America Gambling Market: Platform Type Analysis

4.4 Europe Gambling Market: An Analysis

4.5 Italy Gambling Market: An Analysis

4.6 UK Gambling Market: An Analysis

4.7 France Gambling Market: An Analysis

5. COVID-19

5.1 Impact of COVID-19

5.2 Response of Market Players after Spread of Pandemic

5.3 Regional Impact of COVID-19

6. Market Dynamics

6.1 Growth Drivers

6.1.1 Improving Spending Capability Globally

6.1.2 Legalization of Gambling

6.1.3 Budding Internet Penetration

6.1.4 Hiking Penetration of Smart Devices

6.1.5 Growing Global Population

6.2 Challenges

6.2.1 Lack of Internet Connectivity in Developing Countries

6.2.2 Negative Perceptions on Gambling

6.3 Market Trends

6.3.1 Potential of Augment Reality (AR) Technology in Online Gambling

6.3.2 Emergence of Bitcoin Gambling

6.3.3 Cloud Gaming

7. Competitive Landscape

7.1 Global Gambling Market Players: A Financial Comparison

8. Company Profiles

8.1 Business Overview

8.2 Financial Overview

8.3 Business Strategy

For more information about this report visit https://www.researchandmarkets.com/r/tvtyjt

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Global Gambling Market Size, Trends & Forecasts Report 2021-2025 with Impact Analysis of COVID-19 - ResearchAndMarkets.com - Business Wire

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The global online gambling market size is projected to reach USD 158.20 billion by 2028, exhibiting a CAGR of 11.4% during the forecast period. This information is given by Fortune Business Insights in a new report, titled, Online Gambling Market, 2021-2028. As per the report, the market was USD 66.72 billion in 2020.

List of Key Players Covered in this Market Report:

REPORT SCOPE & SEGMENTATION:

Quick Adoption of Online Gambling amid COVID-19 to Boost the Market

The global health and economic crisis triggered by the COVID-19 pandemic forced governments in several countries to impose strict lockdowns and social distancing measures. Companies rapidly adopted remote working models, leading to huge portions of working populations working from home. With most non-essential services and places, including casinos, being closed down, gamers and gamblers have swiftly shifted to virtual platforms, boosting the online gambling market growth in the process. For example, an article published by New York University revealed that digital gambling platforms have gained speedy momentum in Canada after the coronavirus broke out. In Australia, according to a report by Concordia University, Canada, spending on online casinos rose sharply by 67% in April 2020. The coronavirus pandemic has, thus, proved favorable for this market, enabling it to register a healthy CAGR of 11.2% and reach a value of USD 74.17 billion in 2021.

Market Segments

Based on type, the market has been classified into sports betting, casinos, poker, lottery, bingo, and others, with the lottery segment holding a share of 15.1% in the global market and a share of 15.4% in the UK market in 2020.

On the basis of devices, the market segments include desktop, mobile, and others. By region, the market has been divided into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.

Highlights of the Report

The report offers a granular examination of the various factors shaping the growth trajectory of the market, as well as a holistic analysis of the hindrances obstructing the market. Furthermore, a microscopic study of the regional and competitive dynamics influencing the market has also been provided in the report, along with an in-depth assessment of the individual market segments. The insights contained in the report are based on industry-leading research conducted through primary, secondary, and tertiary sources.

Driving Factor

Introduction of Sophisticated Technologies in Virtual Gambling to Fuel the Market

Advanced, intelligent technologies, such as artificial intelligence (AI) and blockchain, are being increasingly employed by online gambling platforms to ensure a secure and safe space for enthusiasts. Heralding this trend are startups that are developing and offering novel gambling platforms powered by smart technologies. For example, Edgeless, which was started in 2018, became the first Ethereum-based virtual casino that uses distributed ledger technology to ensure payouts. Similarly, Tombola is a popular lottery and gambling platform driven by cryptocurrency and other blockchain-enabled tools. Another example is the Canada-based startup, Quarter4, which leverages AI to offer simulations, content, and predictions for sports bettors. The incorporation of new-age solutions in digital gambling is, thus, opening new pathways of development for this market.

Regional Insights

Europe to Headline the Global Market, Forecasts Fortune Business Insights

Europe is expected to dictate the online gambling market share during the forecast period on account of the heavy investments being made by sports enthusiasts across the continent in online sports betting. Moreover, a healthy betting culture in Europe will further bolster the prospects of the market in the region. In 2020, the Europe market size stood at USD 30.92 billion.

The presence of secure connectivity infrastructure and strong gambling regulations will propel North America in the second-leading position in the market in terms of revenue generation. On the other hand, growing investments in online gambling in South America, driven by regulations in Colombia and Argentina, are anticipated to speed up the expansion of the market in this region.

Competitive Landscape

Key Players to Strengthen Businesses through Innovative Collaborations

With online gaming picking up pace amid the COVID-19 pandemic, key players in this market are entering into strategic collaborations with gambling industry giants to deepen their market footprint. These companies are engaging in developing innovative online gambling platforms to attract gamblers and gain momentum in this rapidly evolving market space.

Industry Developments:

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Here's a Look at the Top Trends Shaping the Online Gambling Market - European Gaming Industry News

Valorant has the potential to become the new number one game of esports betting.

Naturally League of Legends, CS: GO, When Tsuchida 2 The king of e-sports betting. They have all been at the forefront of young business for over a decade. However, industry experts believe that these competitive game giants will lose their foothold in the market in the coming years in favor of new games and platforms.

Co-founder and CEO of Stephen Salz competition Canadian esports betting company Currently worth about $ 150 millionScheduled to be listed on the Toronto Stock Exchange later this year, the familiar face makes bold predictions about his industry, even if it continues to enjoy many benefits.

Salz explains it Lol, CS: GO, When Tsuchida 2 Currently, he accounts for more than 90% of esports betting on his company, and he considers it to be almost every bookmaker in the world, but Riot Games lasting success is alliance Move to the latest release, Brave, We will win the top spot in the next few years.

CEO Rivalry said that the popularity of first-person shooters in 2020 will continue to attract millions of players and viewers, and to respond to this growing interest, the worlds largest esports organization is competitive. Im making a roster.

This is clear even Newcomers like Guild Esports, Avoid the current Big Three and instead Brave Along with more traditional sports games such as FIFA Inspired by soccer Rocket league..

Steven Salz, CEO and co-founder of Rivalry.

many BraveThe expected future success of is dependent on its creators existing network. The event being held is run by Riot Games and is visited by a large audience, says Salz. As the number of viewers of sports increases, betting continues, whether its esports or not. It will inevitably bring about a sports betting ecosystem around it.

but, Brave The current big three of esports can face fierce competition with an ever-growing mobile gaming audience. Salz makes even more bold predictions about the wide range of industry shifts in which PC-based games begin to feel the threat of the platform. It is more popular.

Our prediction is that within the next couple of years, the top five esports in gambling will include at least two mobile esports titles, Salz continues. We are seeing great opportunities to bet on mobile esports, such as: Mobile Legends, Garena Free Fire, When PUBG..

CEO Rivalry believes that mobile games can be broken through by two simple factors: distribution and access. This is especially true in regions and countries where most players and fans do not own consoles or PCs. For example, many people in Asia may go to PC centers to play, he explains. But they all have mobile phones.

In certain parts of Southeast Asia, there are already stadiums full of fans watching professional mobile esports. Given the numbers here, the top mobile esports games can be the top betting opportunity. It is inevitable.

Salz cant see esports betting comparable to traditional sports gambling, but even baseball, hockey, and basketball can struggle to compete. He concludes: On a dollar basis, the top three esports games will probably outperform all other individual sports within the next decade, except for European and US football.

Esports gambling is set to big shakes. This is the reason.

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Esports gambling is set to big shakes. This is the reason. - Illinoisnewstoday.com

Gladys Knight is a highly decorated singer throughout her career. However, her remarkable career was accompanied by a tragic story that some people were unaware of.

Gladys Knight had numerous hits in the 1960s, 1970s, and 1980s with her group Gladys Knight & the Pips. Unlike some of her contemporaries, Knight has never been known to throw a tantrum or fly off the handle.

As early as the age of four, Knight performed her first recital in front of the congregation at Mt. Moriah Baptist Church in Atlanta. However, she would have preferred making mud pies or climbing trees.

HER HUMBLE BEGINNINGS

Knight competed in "Ted Mack's Amateur Hour" competition by her mother's idea and took home the $2,000 prize. The fact that Knight was just seven at the time indicates that she had already excelled at music from an early age.

After a year, Knight, her brother Bubba, sister Brenda, and two cousins, William and Elenor Guest, formed the Pips. Throughout the South, they sang at various venues. But the group's road to success wasn't smooth.

While racism was still rampant in the region in the late 1950s and early '60s, the young talents had to endure terrible hardship. However, the group did not give in to the ridicule they received from racists.

FAME AND SUCCESS

In 1959, the Pips were reconstituted following the departure of Knight's sister Brenda and cousin Elenor. Edward Patten, their distant cousin, replaced them. Later, the group was renamed Gladys Knight & the Pips.

During that time, the group achieved great success. They enjoyed 10 No. 1 R&B hits, won three Grammys, and performed countless routines during its 30-year existence. Knight went solo after the group broke up in 1989.

HEARTWRENCHING PAST

Knightgained a lot of glories, but shesuffered a great deal of pain as well. At15, she escaped an attempted rape at home. When she was 16, she married herboyfriend, James Newman, because of a pregnancy.

Unfortunately, Knight miscarried the baby in a hotel room while on tour. Meanwhile, due to her husband's abuse of drugs, the marriage disintegrated, and she believed it ultimately led to his death around the mid-1970s.

Knight had a brief second marriage to Barry Hankerson. But her son, Shanga, developed an eating disorder throughout the prolonged divorce. The star is the momof threechildren, of whom two are from her first marriage.

During the late 1970s, Knight became addicted to gambling, winning and losing thousands of dollars a night. In an interview, she described how she became involved in gambling while playing casino games. Knight said:

"One day a friend said, 'Do you want to play some blackjack?' So I played and enjoyed it. You think you can win everything but you won't."

Knight came to the realization that she had hit a low point when she realized that morning had arrived, and she should have been preparing for her son's school day. The star had a rude awakening.

Later, Knight gave a call to Gamblers Anonymous. They provided assistance to her, whence her recovery began. The legendary singer credited the divine intervention for her quick recovery.

Les Brown was Knight's third husband. In 1995, they were married, but two years later, they divorced. When Knight married her husband, William McDowell, in 2001, the star found a love that would last.

AN OUTSTANDING MUSICIAN

Knight was inducted into the Rock and Roll Hall of Fame. In 2011, the musician was both honoring and being honored. First, at a tribute concert to Michael Jackson, followed by the 2011 Soul Train Awards.

Knight performed at a concert event called "Michael Forever" at Cardiff's Millenium Stadium with several singers, including Jennifer Hudson, Beyonc, and Smokey Robinson, in honor of the late King of Pop.

After that, Knight was presented with a "Legend Award" along with fellow recipients Earth, Wind & Fire at the BET broadcast of the 3rd annual Soul Train Awards, emceed by Cedric the Entertainer.

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Gladys Knight's Illustrious Career Was Once Marred by Gambling Addiction & Teenage Pregnancy Her Painful Past - AmoMama