Let's discuss ways that sports betting has impacted the sports industry.
Sports betting, or bookmakers, have long had a significant impact on sports, but with the increasing availability of online platforms, their impact has become even greater.
However, now there are event organizers do not accept sponsorship from bookmakers or impose strict rules for gambling sponsors to appear in those sports events, and there are even clubs that also refuse to accept sponsorship from bookmakers.
Online betting really did revolutionize on how sportsbettors can place their bets. Do remember, when there was no online bookies yet, I'd say, it was quite shameful to place a bet below 5 bucks. But today, because of online bookies as well as with crypto bookies, you can place a small amount even for a buck. So if you are a small time bettor, you can easily now place a bet online. As long as you have the net and credentials on an online bookie. So for me, online betting industry is indeed growing stronger, meaning, this industry is already earning huge amount from these bettors.