Presentazione Sport Betting

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Presentazione Sport Betting

  1. 1. Sportsbetting: anunconventionalmarket<br />Rome, LUISS Guido Carli, 15/06/2011<br />Francesco RubinoDavide Santucci<br />
  2. 2. Agenda<br /><ul><li>Whatisbetting
  3. 3. The regulationofsportsbetting in Italy
  4. 4. The evolutionofbetting market
  5. 5. Conclusions</li></li></ul><li>Bettinggambling<br />
  6. 6. Betting: a definition<br />“The activity of placing a wager on the outcome of a game, contest, or other event. This requires two people to come together and decide the terms of the bet, usually agreeing that the loser of the wager will pay the other.”<br />
  7. 7.
  8. 8. Sportsbetting in Italy<br />
  9. 9. Independent Administration of State Monopolies (AAMS)<br />Role<br />Mission<br /><ul><li>regulating and controlling the entire gaming compartment
  10. 10. responsibilities and authority on products deriving from tobacco manufacturing.
  11. 11. ensure the collection of taxes
  12. 12. consumer protection
  13. 13. fight against illegality.</li></li></ul><li>Decides:<br /><ul><li>Sport
  14. 14. Date and closing time of acceptance
  15. 15. Type of betting allowed</li></li></ul><li>Concessionaries<br />
  16. 16. The (r)evolutionof the betting market:<br />
  17. 17. bookmakers<br />
  18. 18. ….some information!<br /><ul><li>Founded: 2000
  19. 19. Founders: Andrew Black, Edward Wray
  20. 20. Headquarters: London, UK
  21. 21. Revenue: £340.9 million
  22. 22. Net income: £15.1 million
  23. 23. Profitable and debt free company
  24. 24. Transactions a day: 5 million, 300 bets a second</li></li></ul><li>How does betfair work?(Advantages)<br />
  25. 25. Notonlysports…<br />
  26. 26. Controversy<br /><ul><li>the bookies' arguments are motivated not by concern for the integrity of sport but by commercial interests.
  27. 27. Betfair is aware of who their customers are.
  28. 28. the company shares information through agreements</li></li></ul><li>Conclusions<br />
  29. 29. Webetyouhavequestions<br />

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