Brits to bet half a billion quid in one week

Brits to bet half a billion quid in one weekReading Time: 2 minutes

Bookmakers set to take up to £500m in wagers during seven-day World Cup/Royal Ascot betting bonanza

 

Monday 18th June, 2018 – Two World Cup games for England and five days of punting at Royal Ascot could see the UK wager half a billion pounds in the next seven days alone.

Leading online bookmaker Betway and the whole of the betting industry is in for an ultra-busy week, with the Three Lions’ opening game against Tunisia on Monday getting the ball rolling before Flat racing’s biggest betting event runs from Tuesday to Saturday, finishing with England’s second World Cup test against Panama.

Betway predict £30-40 million will be wagered per day at Royal Ascot, nudging total bets placed towards £200 million, while England’s participation on Monday and Sunday bookends a betting bonanza that could see total stakes rise to £500m.

Betway’s Alan Alger said: “Every four years, the collision between Royal Ascot and the World Cup results in one of the biggest betting weeks of the year but this year is extra special.

With England games both kicking off and closing a week that has Royal Ascot sandwiched in between, we could be set to see around half a billion pounds bet in just seven days.

 

About the Betway Group:

The Betway Group is a leading provider of first-class entertainment across sports betting, casino, bingo and poker. Launched in 2006, the company operates across a number of regulated online markets and holds licences in the UK, Malta, Italy, Denmark, Spain, Belgium, Germany and Ireland. Based in Malta and Guernsey, with support from London, Isle of Man, Stockholm and Cape Town, the Betway team comprises over 1,000 people.

Betway prides itself on providing its customers with a bespoke, fun and informed betting experience, supported by a safe and secure environment. Betway is a member of several prominent industry-related bodies, including ESSA, the Independent Betting Adjudication Service (IBAS) and the Remote Gambling Association (RGA), and is accredited by trusted international testing agency eCOGRA. It is also a partner of the Professional Players Federation (PPF) and is a donor to the Responsible Gambling Trust.

In addition to the flagship Betway brand, the Betway Group operates a number of other brands including Dream Bingo, Bingo on the Box, Spin Casino and the Hippodrome Online Casino. For more information about Betway’s various products and licenced brands, please visit www.betwaygroup.com.


Source: European Gaming Industry News