📜 Overview of New Bookmakers (2000s – Present)
2000-2010: The Rise of Online Bookmakers
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2001: Launch of Betfair
Event Description Betfair Launch Betfair, the first person-to-person betting exchange, was launched, revolutionizing the betting industry. -
2002: Legalization of Online Betting in the UK
Event Description UK Regulation The UK government legalized online betting, paving the way for many operators to enter the market. -
2007: Rise of Mobile Betting
Event Description Mobile Platforms Bookmakers began launching mobile platforms, making betting more accessible for players on the go.
2011-2020: Expansion and Consolidation
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2012: US Regulation Changes
Event Description New Jersey Legalization New Jersey legalized sports betting, leading to an explosion of new bookmakers in the U.S. market. -
2015: Emergence of Cryptocurrency Betting
Event Description Bitcoin Integration Several bookmakers began accepting Bitcoin and other cryptocurrencies, enhancing privacy and transaction speeds. -
2019: Enhanced User Experience Technologies
Event Description AI and Machine Learning Bookmakers started using AI to personalize betting experiences and improve customer support.
2021-Present: The Modern Era of Bookmaking
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2021: Rapid Growth of Live Betting
Event Description Live Betting Features Bookmakers enhanced live betting options, allowing users to place bets during events. -
2022: Global Market Expansion
Event Description New Markets Many international bookmakers expanded into markets in Asia and Africa, increasing options for players. -
2023: Focus on Responsible Gambling
Event Description Responsible Gaming Initiatives Bookmakers implemented new tools and measures to promote responsible gambling practices.