International edition
September 20, 2020

According to a new study

The gambling industry contributes with over 3 billion euros annually to EU sports

(UK).- At its Annual General Meeting in London the Remote Gambling Association announced the findings of a study undertaken on its behalf by the independent consultancy, Europe Economics.

I

t estimated that 3.4 billion euros is contributed annually to EU sport by public and private sector gambling operators combined and that 62 % of that amount is contributed by private sector organisations.

The financial and commercial relationship between the betting and sporting industries is the subject of much debate across the EU. The aim of the study was to provide an independent assessment of the current level of funding in order to provide an evidence base for any future consideration of the issues. It draws on publically available data and commercially sensitive information supplied by individual members of the RGA.

Clive Hawkswood, the RGA’s CEO commented that: ‘We are currently undertaking a wider study into the funding and integrity issues that are associated with sports’ betting, but this report is important in its own right because it demonstrates the scale of funding that flows through the gambling industry and into sports.

If nothing else it must serve to counter any claims that sports do not benefit from the link with gambling or that the amounts they receive are inconsequential. However, this is an objective report which provides a context for those sorts of questions to be considered. Therefore, it deliberately does not look at whether this sum is too little or too much and nor did its remit extend to assessing how these considerable funds are used by the sports once they receive them.’

Bob Young of Europe Economics added: “The most striking thing that our research discovered about sports funding from private sector gambling is the sheer diversity of sport that it supports. State-mandated contributions, notably statutory levies and lotteries, tend to channel substantial amounts of private sector money into a limited range of sports, while the commercial and charitable contributions that private sector gambling operators make of their own volition distribute lesser sums across a much wider front. Sport across the EU would be much the poorer without the combined contributions that private sector gambling makes.”

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