{"id":124167,"date":"2023-09-15T10:16:19","date_gmt":"2023-09-15T13:16:19","guid":{"rendered":"https:\/\/igamingbrazil.com\/uncategorized\/2023\/09\/15\/sports-betting-on-the-paris-2024-games-is-expected-to-heat-up-the-market-worldwide\/"},"modified":"2023-09-15T10:30:26","modified_gmt":"2023-09-15T13:30:26","slug":"sports-betting-on-the-paris-2024-games-is-expected-to-heat-up-the-market-worldwide","status":"publish","type":"post","link":"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/2023\/09\/15\/sports-betting-on-the-paris-2024-games-is-expected-to-heat-up-the-market-worldwide\/","title":{"rendered":"Sports betting on the Paris 2024 Games is expected to heat up the market worldwide"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">After a shortened cycle due to the pandemic, the world must stop to watch the Olympic Games in France in July 2024. More than 10,000 athletes will compete in 32 disciplines. <strong><a href=\"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/\" target=\"_blank\" rel=\"noreferrer noopener\">Sports betting<\/a> on the 2024 Paris\u00a0 Games<\/strong> is expected to mobilize billions of reais in predictions on the most varied sports.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">After an absurd growth in betting during the<strong> 2022 <a href=\"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/2022\/11\/21\/4-out-of-5-brazilian-gamblers-place-brazil-as-champion-in-qatar-according-to-betfair\/\" target=\"_blank\" rel=\"noreferrer noopener\">World Cup<\/a><\/strong>, the Paris Games should also heat up the betting market in Brazil.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">IOC and sporting integrity<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The <a href=\"https:\/\/en.wikipedia.org\/wiki\/International_Olympic_Committee\" target=\"_blank\" rel=\"noreferrer noopener\">International Olympic Committee <\/a>(IOC) is preparing for the biggest sporting event on the planet and investing in technology to <strong>preserve sporting integrity<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Since the Beijing Games in 2008, the Olympics have had an <strong>anti-manipulation system<\/strong> called <strong>Ibis<\/strong> (Intelligence System for Betting Integrity, translated from English).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to an article in Jornal da <a href=\"https:\/\/www.band.uol.com.br\/noticias\/jornal-da-band\/ultimas\/legalizada-apostas-esportivas-na-franca-devem-movimentar-bilhoes-nas-olimpiadas-16632493\" target=\"_blank\" rel=\"noreferrer noopener\">Band<\/a>, the mechanism accompanies both bookmakers and sports entities to monitor whether any move or game is outside the standards.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The expectation is that this care will be reinforced in Paris with the support of <a href=\"https:\/\/en.wikipedia.org\/wiki\/Interpol\" target=\"_blank\" rel=\"noreferrer noopener\">Interpol <\/a>to promote fair and transparent competition.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"pt\" dir=\"ltr\">Esporte Ol\u00edmpico \u00e9 vida, amizade, emo\u00e7\u00e3o, perseveran\u00e7a e a pura vontade de ser melhor a cada dia! \ud83d\ude0d \ud83d\udcaa <a href=\"https:\/\/t.co\/KozNHu0qFo\">pic.twitter.com\/KozNHu0qFo<\/a><\/p>&mdash; Jogos Ol\u00edmpicos (@JogosOlimpicos) <a href=\"https:\/\/twitter.com\/JogosOlimpicos\/status\/1699481051096109147?ref_src=twsrc%5Etfw\">September 6, 2023<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Sports betting on the 2024 Paris Games and the French market<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In France alone there are more than <strong>4.5 million bettors who spend around 300 euros per year<\/strong> on bets. \u201cThe gambler, here in France, is quite young,\u201d said Gabriel Silva, betting game consultant in an interview with Band.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cYou can really see that all communication is oriented towards acquiring customers of this type, very linked to sport, football, mainly, everything that is an app, smartphone. The thing about being able to make money with knowledge about the sport has become fashionable\u201d, he added.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It is worth noting that the<a href=\"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/\" target=\"_blank\" rel=\"noreferrer noopener\"> sports betting<\/a> market in France began to be <strong>regulated in 2010<\/strong>. Today, there are 15 bookmakers operating legally in the country and the<strong> sector is estimated at 7 billion reais<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Since 2020, a new regulatory entity has started to act on French soil. With legislation that continues to evolve, the local government intends to ensure that <a href=\"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"Sports Betting\">sports betting<\/a> continues as a form of entertainment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After a shortened cycle due to the pandemic, the world must stop to watch the Olympic Games in France in July 2024. More than 10,000 athletes will compete in 32 [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":124142,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2831],"tags":[5868,13894,13893,3114,13895,6752],"class_list":["post-124167","post","type-post","status-publish","format-standard","has-post-thumbnail","category-sports-betting-en","tag-coi-en","tag-olympics-en-2","tag-paris-games-2024","tag-sports-betting-en","tag-sports-betting-on-the-paris-games","tag-world-cup"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sports betting on the Paris 2024 Games is expected to heat up the market worldwide - iGaming Brazil<\/title>\n<meta name=\"description\" content=\"Sports betting on the Paris 2024 Games is expected to mobilize the global market and billions of dollars and euros in different sports.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/2023\/09\/15\/sports-betting-on-the-paris-2024-games-is-expected-to-heat-up-the-market-worldwide\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sports betting on the Paris 2024 Games is expected to heat up the market worldwide - 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