Horse racing has been a hobby for many Americans for the past 200 years, but sports betting is still largely illegal in the country.
Many Asian countries have a tradition of sports betting, but casino operations are considered illegal or uncommon.
Help increase TV viewing rates
It’s no secret that sports betting has a big impact on the percentage of people watching sports-related TV shows. The most typical example is matching within the framework of the National Football Association (NFL). The city of Las Vegas ranked third in the Sunday Night Football program’s most viewership ratings in the 2012 season. This is no coincidence because Las Vegas is the heart of American sports betting. So far, this is the largest legal sports betting market in the US.
Australia plans to ban television and radio from betting on sports games that are broadcast live, to reduce the number of gambling addicts (estimated 500,000). In addition, gambling ads will no longer appear in live television events and around sports venues. Ads will only be shown before or after the game, or at recess. Big sports tournaments often do not like betting. They are also the plaintiff in a lawsuit to prevent the New Jersey state government from legalizing and regulating sports betting activities at casinos and racetracks throughout the state. NFL does not allow betting to open at Wembley Stadium during the annual NFL season there.
The National Basketball Association (NBA) does not allow betting at the All Star Game in Las Vegas in 2007. The NBA does not allow Ontario lottery company (Canada) to accept bets from any NBA matches. NBA also opposes betting through sports lottery company Oregon. Meanwhile, the National Hockey Association (NHL) only accepts a few sports betting activities: It is not forbidden for Canadian provinces to accept bets on their matches.
The US Professional Baseball Championship (MLB) does not prohibit betting against the Toronto Blue Jays and does not restrict matches related to the Montreal Expos team before it is concessions in Washington DC and becomes a national tournament.
Organizers of sports tournaments say that they do not accept bets because this activity can easily lead to criminal behavior affecting the matches. Between 2 years 2005 and 2007, Donaghy was found betting on matches controlled by him.
While many sports tournaments worry about their products being used as gambling tools, many people think that sports tournaments do not need to push the sports betting industry to become an unmanageable level. According to some estimates, in the world, the illegal betting industry is worth 500 billion USD/year. The majority of betting revenue comes from Asia.
Only 3 states are interested
According to Europol, 425 sports officials, players and criminals suspected of being involved in half-degrees, and surveys show that US players who can influence the outcome of a match can earn more money from decent competition, than from match-fixing. All sports leagues must investigate all of the referee’s misconduct, regardless of whether the sports betting is legalized or not.
Casinos are legally recognized in 28 of the 50 US states, but not all of them are interested in sports betting. In fact, up to now, only 3 states have really cared about this activity. Nevada has allowed sports betting. Delaware and New Jersey hope to expand betting. Montana for fantasy betting for motor racing and NFL through the release of lottery.