New Bookmakers

🕰️ Early Development (1990s - 2000s)

• 📅 1994: The First Online Sportsbook

  Event	Description
  Introduction of Online Betting	The launch of the first online sportsbook marked the beginning of a new era in betting, allowing enthusiasts to place wagers from their computers.

• 📅 1996: Legalization in the UK

  Event	Description
  UK Gambling Act	The United Kingdom’s Gambling Act legalized online betting under specific regulations, paving the way for new sportsbooks.

🌐 Expansion Era (2000s - 2010s)

• 📅 2003: Emergence of Betting Exchanges

  Event	Description
  Betting Exchanges Revolution	Platforms like Betfair allowed users to bet against each other rather than traditional bookmakers, altering the landscape of sports betting.

• 📅 2008: Increased Regulation

  Event	Description
  Regulatory Frameworks Established	Various countries began to regulate online gambling, ensuring safer environments for bettors and legitimizing many sportsbooks.

📈 Modern Era (2010s - Present)

• 📅 2015: Rise of Mobile Betting

  Event	Description
  Smartphone Integration	With the rise of smartphones, mobile betting applications became a huge trend, offering greater convenience for users.

• 📅 2018: Legalization in the US

  Event	Description
  Supreme Court Ruling	The U.S. Supreme Court ruled that states could legalize sports betting, resulting in a boom of new sportsbooks emerging across the country.

• 📅 2020: Online Casinos Become Mainstream

  Event	Description
  Rise of iGaming	Online casinos integrated with sportsbooks, providing comprehensive betting experiences and increasing competition in the market.

🔮 Future Predictions

• 📅 2025: Blockchain Bookmakers

  Event	Description
  Integration of Blockchain	Predictions suggest that blockchain technology will enhance transparency and security in online betting.

• 📅 2030: AI in Sports Betting

  Event	Description
  AI Decision Making	Artificial Intelligence will be utilized to analyze betting patterns and improve user experiences.