Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
World
Michael Segalov

Monday briefing: Who ​profits​ from the illegal global gambling empire?

An older man's hands hold a smartphone showing betting odds, in front of a laptop with a similar screen
The illegal online gambling sites are worth tens of billions to their operators. Photograph: Hirurg/Getty Images

Good morning. Every year, British people bet billions on unregulated gambling sites. Given how ubiquitous legitimate betting shops are on UK high streets, and how inescapable ads for online casinos are on social media, sport and primetime TV, the scale of underground operations appears baffling.

But the offshore online gambling market is one of the world’s most profitable – and least regulated – industries, estimated to be worth tens of billions. Opaque ownership, offshore licences and international inaction has made these often easily accessible and widely advertised digital casinos an attractive hunting ground for organised crime and corruption.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.