Over the years, sports betting has become one of people’s biggest hobbies as a possible source of partial income. In the United States, the industry made over 10.9 billion dollars in revenue in 2023, the highest it has ever been. Marking almost six years since the Professional and Amateur Sports Protection Act (PASPA) was passed, the act legalized entire sports betting, leading to a massive rise and benefits for the industry. With sports betting being an international phenomenon, various companies are merging worldwide to create a more extensive, robust network for people to watch sporting events.
globalEDGE Blog - By Tag: international-sports-series
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The Women’s World Cup ended in late August, with Spain coming out victorious for the first time ever. Women were banned from playing football for years in many countries, who were fearful that women’s football would become more popular than men’s following the league’s suspension during World War 1.
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The world Baseball Classic starts at the beginning of March. It is a three-week baseball tournament, including teams from all over the world. The World Baseball Classic is similar to the world cup for Soccer, with teams playing in different groups. The top two teams from each group move on to the tournament. The tournament will occur in the United States (Arizona and Miami), Taiwan, and Japan, which is decided based on the country’s location.The World Baseball Classic happens every four years, but due to the COVID-19 pandemic, the Classic had to be postponed to 2023, but now, the economic boosts given to host countries is likely to occur once more.