Soccer yielded a record £1.4 billion ($1.8 billion) in revenues for UK bookmakers within the year that is full October 2015 to September 2016, according to figures released this week by the UK Gambling Commission.
Premier League soccer player Joey Barton was recently sanctioned by the FA for gambling violations but he says the UK’s soccer body that is governing to ‘look at its very own dependence’ on revenue from gambling companies.
That resulted in all-time-high profits of £333.4 million ($432 million). The data comes while the sport and its governing body within the UK, the FA, was accused of experiencing too cozy a monetary relationship with betting companies, who provide it with multiple millions in sponsorship deals.
Meanwhile, there have lately been several high profile cases of soccer players succumbing to gambling addiction and the BBC has reported casino similar to 21 dukes that gambling among players is widespread.
Most recently, Burnley midfielder Joey Barton admitted to placing bets on 1,260 matches between 2006 and 2013, including at least five in which he was a player.
He had been fined and banned from the game for 18 months, and later fired by Burnley. Professional soccer players are prohibited from putting bets on their own sport, regardless of whether they’re directly tangled up in the games or not.
Elephant within the Locker Room
Barton, an outspoken social media user, has admitted he is a gambling addict