19th Century: The Foundations of Bookmaking
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1837: The Birth of Licensed Bettings
Event Description 📜 Licensing Established The British Parliament introduced regulations for betting, laying the groundwork for licensed bookmakers. -
1870: The First Betting Shop Opens
Event Description 🏪 First Betting Shop S. Graham opens the first betting shop in London, a significant step towards modern bookmaking.
20th Century: Expansion and Innovation
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1961: The Betting and Gaming Act
Event Description 🏛️ Regulation of Betting The Betting and Gaming Act regulated betting shops, providing legal frameworks for operation. -
1976: Explosion of Betting Shops
Event Description 📈 Growth of Bookmakers The number of betting shops in the UK doubled as public interest in betting grew.
21st Century: The Digital Revolution
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2001: Online Betting Launch
Event Description 💻 Online Bookmakers The first online betting platforms launched, revolutionizing how people engage with bookmakers. -
2012: Regulation of Online Gambling
Event Description 🛡️ UK Gambling Licensing The Gambling (Licensing and Advertising) Act was introduced, requiring online operators to have UK licenses.
Future Trends in Bookmaking
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Emerging Technologies
Event Description 🤖 AI and Betting Integration of artificial intelligence and machine learning to improve predictive analytics and customer experience. -
Innovative Payment Solutions
Event Description 💳 Cryptocurrency Adoption The rise of cryptocurrencies as payment options in online betting, enhancing security and transaction speed.