📖 The Emergence of New Bookies (2000-2010)
- 2001: Online Betting Platforms Launch
Event Date Description Betfair Established June 2000 Betfair launches as one of the first betting exchanges, revolutionizing online betting. - 2003: Legalization of Online Gambling in Some Regions
Event Date Description Initial Licensing January 2003 The UK begins issuing licenses for online betting sites, attracting many international companies.
📈 Growth and Regulation (2011-2020)
- 2011: Increased Popularity of Mobile Betting
Event Date Description App Launches March 2011 Major bookies launch mobile apps, significantly increasing user engagement in betting. - 2018: U.S. Supreme Court Ruling
Event Date Description PASPA Repeal May 2018 The Supreme Court strikes down PASPA, allowing states to legalize sports betting.
🌍 Modern Day Innovations (2021-Present)
- 2021: Integration of Cryptocurrency
Event Date Description Bitcoin Betting Platforms January 2021 Several bookies begin accepting cryptocurrencies, appealing to a new demographic. - 2023: Use of Artificial Intelligence in Betting
Event Date Description AI-Based Predictions May 2023 Bookmakers integrate AI algorithms for better odds and personalized betting experiences.