If you're based in the United States, you might be scratching your head at the mention of a"gaming store." The expression isn't well-known outside of the United Kingdom, where sportsbooks aren't only confined to the confines of casinos. In reality, licensed betting shops line the landscape of metropolitan locations, and they are a part of the bustling, lively neighborhoods all over the united kingdom.
As a result of this recent legalization of sport gambling in the USA, many massive UK-based sportsbooks that started as local gaming stores are planning to import their practices to the US, and deliver unique facets of UK sports gambling culture and heritage to a US audience.
For much more on just what gambling shops are, their unique history, and how they're poised to create an imprint on American sports betting, read on!
What Exactly Are Betting Shops, and How Did They Come To Be?
Betting shops are separate from a casino, racetrack, or sporting event where players can legally bet in person, with a legitimate and licensed bookmaker. There are no limits on the activities that bettors can bet on, and bettors are allowed to wager at fixed odds at gambling shops.
Unlike US sportsbooks, gambling shops aren't subject to strict zoning regulations, and they don't have to be contained within casinos. In East London, by way of instance, there are now 18 gaming stores on the same road (and 80 inside the comparatively modest neighborhood!) .
Among the most significant gambling wins in recorded history took place inside the walls of a betting shop located in Thirsk, a little town just outside of North Yorkshire in England. When his 8-legged parlay won, fred Craggs won the equivalent of USD 1,288,834.
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