{"id":36510,"date":"2016-06-08T18:34:42","date_gmt":"2016-06-09T01:34:42","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=36510"},"modified":"2016-06-08T18:34:42","modified_gmt":"2016-06-09T01:34:42","slug":"euro-2016-betting-fever-anti-betting-fever-sweeps-europe-east-asia","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/euro-2016-betting-fever-anti-betting-fever-sweeps-europe-east-asia\/","title":{"rendered":"Euro 2016 Betting Fever (and Anti-Betting Fever Sweeps) Europe and East Asia"},"content":{"rendered":"
\"Harry
England strikers Harry Kane (left) and Wayne Rooney. An England win would derail the bookmakers betting bonanza. (Image: thesun.co.uk)<\/figcaption><\/figure>\n

The UEFA Euro soccer championships<\/a>, which kick off in Paris on Friday, are the second-biggest betting event in the world after the World Cup, which is why Europe\u2019s sports betting companies are bracing themselves for a deluge.<\/p>\n

Meanwhile, in East Asia, authorities are determined to prevent their citizens from placing illegal bets on the tournament.<\/p>\n

This is no mean feat. The global sports betting markets have been estimated to be worth anything between $450 billion and $3 trillion, around 65 percent of which is thought to be bet on soccer.<\/p>\n

These are only estimates, of course, because the vast majority of markets are illegal and occur in East Asia, often coordinated by organized crime gangs. One such group, broken up by Interpol in 2014, had handled some $2.2 billion in bets alone, mostly taken through illegal online gambling sites.<\/p>\n

Asian Crackdown<\/b><\/h2>\n

Sports betting is almost universally illegal in the region, not least in Thailand where the country\u2019s authoritarian military junta has turned up the heat on illegal bookmakers<\/a> since it seized power in 2014. That year, during the four weeks of the World Cup alone, more than 800 betting were closed by authorities and almost 1,000 arrests made, most of which were gamblers.<\/p>\n

This year is expected to be no different. The Royal Thai Police this week launched a \u201ccenter for the prevention and suppression of betting\u201d on Euro 2016, according to the Bangkok Post. Police chiefs have instructed officers to be more stringent than ever in their pursuit of bookmakers and gamblers alike.<\/strong><\/p><\/blockquote>\n

Meanwhile, similar measures are being put in place across the region, from Malaysia to China, while in Hong Kong, prison authorities are even writing prisoners\u2019 names on their cigarettes to prevent them from using them as a gambling currency.<\/p>\n

England Win Would Spell Disaster\u00a0<\/b><\/h2>\n

Back in Europe, and the UK, the EU\u2019s biggest sports betting market, bookmakers are expecting betting fever to take hold which should lead to their most profitable couple of weeks in two years. That is, provided England don\u2019t win it, which would be a disaster for an industry still reeling from Leicester\u2019s Pe.<\/p>\n

English bettors tend to wager with their hearts rather than their heads during soccer tournaments, a fact that has served bookmakers well, at least since England\u2019s last major triumph at the 1966 World Cup.<\/p>\n

But if England, who are fourth favorites, actually win the Euros this year, the bookies stand to lose millions. William Hill has said it expects to handle around \u00a3500 million on the tournament, with some 20 percent of all bets going on England for outright winner.<\/p>\n

UK Bookmakers will be hoping their national team makes a sharp Brexit from Europe this June.<\/p>\n","protected":false},"excerpt":{"rendered":"

The UEFA Euro soccer championships, which kick off in Paris on Friday, are the second-biggest betting event in the world after the World Cup, which is why Europe\u2019s sports betting companies are bracing themselves for a deluge. Meanwhile, in East Asia, authorities are determined to prevent their citizens from placing illegal bets on the tournament. […]<\/p>\n","protected":false},"author":42,"featured_media":36512,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,16],"tags":[],"acf":[],"yoast_head":"\nEuro 2016 Betting Fever (and Anti-Betting Fever Sweeps) Europe and East Asia - Casino.org<\/title>\n<meta name=\"description\" content=\"Euro 2016 kicks off this week, and authorities in East Asia are determined to stop illegal betting\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/euro-2016-betting-fever-anti-betting-fever-sweeps-europe-east-asia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Euro 2016 Betting Fever (and Anti-Betting Fever Sweeps) Europe and East Asia - Casino.org\" \/>\n<meta property=\"og:description\" content=\"Euro 2016 kicks off this week, and authorities in East Asia are determined to stop illegal betting\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/euro-2016-betting-fever-anti-betting-fever-sweeps-europe-east-asia\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2016-06-09T01:34:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/06\/02_31204446_b67740_2622718a.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1500\" \/>\n\t<meta property=\"og:image:height\" content=\"1000\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Casino.org Staff Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Casino.org Staff Writer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/euro-2016-betting-fever-anti-betting-fever-sweeps-europe-east-asia\/\",\"url\":\"https:\/\/www.casino.org\/news\/euro-2016-betting-fever-anti-betting-fever-sweeps-europe-east-asia\/\",\"name\":\"Euro 2016 Betting Fever (and Anti-Betting Fever Sweeps) Europe and East Asia - Casino.org\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/euro-2016-betting-fever-anti-betting-fever-sweeps-europe-east-asia\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/euro-2016-betting-fever-anti-betting-fever-sweeps-europe-east-asia\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/06\/02_31204446_b67740_2622718a.jpg\",\"datePublished\":\"2016-06-09T01:34:42+00:00\",\"dateModified\":\"2016-06-09T01:34:42+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77\"},\"description\":\"Euro 2016 kicks off this week, and authorities in East Asia are determined to stop illegal betting\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/euro-2016-betting-fever-anti-betting-fever-sweeps-europe-east-asia\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/euro-2016-betting-fever-anti-betting-fever-sweeps-europe-east-asia\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/euro-2016-betting-fever-anti-betting-fever-sweeps-europe-east-asia\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/06\/02_31204446_b67740_2622718a.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/06\/02_31204446_b67740_2622718a.jpg\",\"width\":1500,\"height\":1000,\"caption\":\"England strikers Harry Kane (left) and Wayne Rooney. 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