The future growth of sports betting relies on global regulation, which would facilitate positive interactions instead of threats to its integrity, according to FIFA-linked lawyers Pedro Trengrouse and Flavio Zveiter. Fans are increasingly engaging with sports through betting. “Sports gambling is a growing part of the world economy,” said Mr. Trengrouse, who has represented clients in international sporting law cases. Sports organisations must, therefore, join efforts to ensure that betting is appropriately regulated to reduce the risk of manipulation and to ensure the integrity of competitions.
The future growth of sports betting relies on global regulation, which would facilitate positive interactions instead of threats to its integrity, according to FIFA-linked lawyers Pedro Trengrouse and Flavio Zveiter. Fans are increasingly engaging with sports through betting. As an example, FIFA's revenues from last year's World Cup were less than €6bn ($6.9bn), compared with the total worldwide betting of €136bn on the competition. Sports organisations must, therefore, join efforts to ensure that betting is appropriately regulated to reduce the risk of manipulation and to ensure the integrity of competitions.