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Soccer Generates Record £1.4 billion Revenues for UK Bookies

Soccer Generates Record £1.4 billion Revenues for UK Bookies

Soccer yielded a record £1.4 billion ($1.8 billion) in revenues for UK bookmakers into the year that is full October 2015 to September 2016, according to numbers released this week by the united kingdom Gambling Commission.

Premier League soccer player Joey Barton was recently sanctioned by the FA for gambling violations but he says the UK’s soccer governing body needs to ‘look at its very own dependence’ on revenue from gambling companies.

That triggered all-time-high profits of £333.4 million ($432 million). The data comes once the sport and its regulating body into the UK, the FA, is accused of getting too cozy a relationship that is financial betting companies, who provide it with multiple millions in sponsorship deals.

Meanwhile, there have recently been several visible instances of soccer players succumbing to gambling addiction and the BBC has stated that gambling among players is widespread.

Most recently, Burnley midfielder Joey Barton admitted to bets that are placing 1,260 matches between 2006 and 2013, including at least five in which he was a player.

He had been banned and fined from the overall game for 18 months, and later fired by Burnley. Pro soccer players are prohibited from placing bets on the sport that is own of whether these are typically straight involved in the games or not.

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Barton, an outspoken social media user, has admitted he is a gambling