Soccer yielded a record £1.4 billion ($1.8 billion) in revenues for UK bookmakers in the year that is full October 2015 to September 2016, according to figures 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 its own dependence’ on revenue from gambling companies.
That triggered all-time-high profits of £333.4 million ($432 million). The data comes due to the fact sport and its governing body into the UK, the FA, was accused of having too cozy a economic relationship with 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 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 game for 18 months, and later fired by Burnley. Professional soccer players are prohibited from placing bets on their own sport, irrespective of whether they truly are directly associated with the games or not.
Elephant in the Locker Room
Barton, an outspoken social media user, has admitted he is a gambling addict and (more…)