Gambling contributing big to European sports
November 10, 2009, 11:28 am (8 years ago)
The Remote Gambling Association lately revealed the most recent study on the noteworthy achievement and contribution of the gambling division to European Union sport.
The study, requested by the RGA with independent consultancy Europe Economics, indicates Euro 3.4 billion in gambling income flows yearly to EU sport. According to the trade association 62 % of this amount is contributed by private sector gambling operators.
“If not more, it must serve to oppose any claims that sports do not profit from the link with gambling or that the amounts they get are minor,” noted Clive Hawkswood, RGA ‘s chief executive.
Hawkswood added that the association has as well requested an extensive study into funding and integrity issues connected to sports betting, a field that has excited significant political and media comment this year.