Biggest Bookies And The Distribution Of The Betting Industry In the United Kingdom
You may look at the betting and gambling industry and think there’s a lot of healthy rivalry, with countless brands now vying for our pennies. Many companies however, although they might seem independent, are in fact part of the exact same group, and you may never know it. As with many markets, there are actually a few large players and the rest are left to scramble for the remainder of the habit.
It is not only the old high street bookies like William Hill and Betfred that occupy the best spots in the biggest betting company leagues. Many ancient online just bookmakers have already beaten the older land based operators, such as Bet365, and the planet’s largest and earliest online exchange, Betfair. Mergers between already huge companies such as Ladbrokes and Coral and Betfair and Paddy Power has created behemoth bookies. The future of bookmaking in the UK is in the balance as it risks getting a monopoly of a very few massive companies, very much like the energy markets.
Within this report we also look at the progression of the united kingdom gambling industry, the size of the profits made together with the progressive switch to online gambling and gambling.
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