History And Stages Of Development Of Bookmaking Activities
Keywords:
Regulation of sports betting markets, Legal liability of bookmakers, Civil law mechanisms in gamblingAbstract
This article explores the historical evolution of bookmaking and sports betting, tracing its trajectory from ancient informal wagering to the sophisticated, multi-billion-dollar digital industry of the 21st century. By examining key developmental stages—including the emergence of professional bookmakers in the 18th century, the era of legislative regulation, and the transformative impact of the internet and mobile technology—this study provides a comprehensive overview of the sector’s economic and structural changes.
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