The UK Betting and Gaming Council have just praised the new Whistle-Banning system for sports betting, stating that the system had been proven to be a success in terms of increasing revenues for the industry.
The Sports Betting Board’s chief executive David Martin said that the new Whistle-Banning system was in line with the strict rules that the sport betting industry has been under for several years, and this will hopefully lead to even more success from the UK industry as it continues to grow and mature.
“With Whistle-Banning in place, the UK’s betting industry is now able to operate the same standards that have allowed the industry to grow so successfully over recent years,” said Martin. He went on to say that there is nothing that the industry has to fear from this new system, and that this has actually been a positive for many of the companies involved in the industry.
“There are certainly no concerns from our industry whatsoever,” he added. In fact, Martin added that a number of the leading sports books have already indicated that they would be implementing Whistle-Banning into their operations. One of these leading sports book is the Ladbrokes, who has been known to implement many different methods of reducing bookmakers’ winnings.
Whistle-Banning has already been implemented in many other areas of the industry, including lottery tickets and horse betting, and has proved to be very successful at reducing the level of risk for both bettors and bookmakers alike. However, the sports betting industry has not yet adopted Whistle-Banning into its own systems, with many sports books arguing that this system was not necessarily appropriate for them, especially when the industry is experiencing such rapid growth at the moment.
However, as mentioned above, there are no particular concerns at the moment from the betting industry, which is good news for all involved. It is also good to hear that whistle-banning is being used to reduce the level of winning at sport betting, which should lead to a number of increased profits for all.