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Sports betting during the COVID-19 pandemic
The suspension of football, basketball, tennis, boxing and other tournaments due to the COVID-19 pandemic has not only caused damage to clubs but also related businesses. Among them is the betting business, which is considered legal in many countries. According to BBC, betting revenue in East Africa decreased by 99%. In response, bookmakers have to come up with different solutions to survive. In Russia, some bookmakers offer players to bet on non-sporting events, such as when a vaccine is available. In difficult circumstances, some bookmakers choose to “take risks” by giving players to bet on rare matches still playing, even if it is just kick practice. This is the story…
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Murdoch’s Fox launches sports betting with FOX Bet (Part 1)
When Rupert Murdoch of Fox Corp (FOXA.O) launches its sports betting platform FOX Bet on Monday, it will do what no other major media company can do in North America: become the face of a sports gambling platform. No topic can make the British talk as much as talk about sports. It divides us, unites us, and is one of the few things you actually hear English people say passionately! Sports are indispensable things in the UK including newspapers, television, radio, streets, cafes, and pubs cover only sports stories, from football to rugby, tennis to hockey… Therefore, sports betting in the UK has significantly developed nowadays. FOX Bet, launched in…