The Impacts of sports betting on the Sports industry

[Julien_Olynpic]

I would say that modern sports would not have become so popular without betting. We know many sports that are of no interest to anyone: neither fans, nor bookmakers, nor bettors. And such sports will be backward until they are brought into the fight for money. Firstly, these are sponsors and advertising. Secondly, these are bookmakers and gamblers. I recall an article about the first world chess championships. You know, the first champions were not rich people. The situation changed significantly only with the arrival of sponsors, the increase in the prize fund, and also with the arrival of bookmakers and gamblers. And there are still many sports where there is very little interest from bookmakers. I believe that this situation will be corrected over time.