New Opportunities for Sports Betting with Cryptocurrencies

Sports Betting with Cryptocurrencies – The global sports betting market is expected to be fragmented, owing to huge number of players operating in the market on a regional and global scale. The players including GVC Holding PLC, Paddy Power Betfair PLC, Bet 365 Group Ltd, The Star Group, and William Hill PLC, accounting for around 25-30% share globally, lead the sports betting market. The important factors boosting the growing share of the market involve in-house product development, mergers and acquisitions, and new innovations. For example, Paddy Power collaborated with Betfair, in 2016, to launch Paddy Power Betfair, and took over…