New Online Bookies

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📅 The Rise of New Online Bookies (2000-2010)

  • 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)

  • 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)

  • 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.
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