Press Release – The Horse and Sports Betting industry is undergoing significant change as governments abandon their holdings in state-based TAB operations to effectively develop a national wagering market. Private betting websites are also gaining a greater foothold in the market, due to changing consumer demand and preferences and improved access to betting websites. IBISWorld industry analyst Craig Shulman states, “Sports and events betting, while still low in revenue terms compared with racing betting, is the fastest growing segment in the industry.” The segment provides sports and events fans and professional punters the opportunity to wager on a wide range...