📅 The Rise of New Online Bookies (2000-2010)
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2000: Introduction of Online Betting
Event Description Internet Gaming Prohibition Act The US law aimed to curb online gambling but inadvertently encouraged the rise of overseas bookies. -
2003: Emergence of Betting Exchanges
Event Description Betfair Launches Betfair introduced the concept of betting exchanges, changing how bettors engage with bookmakers.
📈 Growth and Regulation (2011-2020)
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2011: Legalization in Various States
Event Description New Jersey Legalizes Sports Betting This set the stage for other states to consider legalizing online sports betting. -
2018: Supreme Court Ruling
Event Description PASPA Repeal The U.S. Supreme Court struck down PASPA, allowing states to legalize sports betting.
🚀 The Digital Expansion (2021-Present)
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2021: Explosion of Mobile Betting
Event Description Mobile Betting Apps Major bookies have shifted focus to provide seamless mobile betting experiences. -
2023: Integrations of Cryptocurrency
Event Description Crypto Bookie Platforms The rise of platforms that accept cryptocurrency, reflecting a trend in modern online betting.