Sports events and the gaming industry have always been inextricably linked. From the Greek Olympics thousands of years ago, people used races or discus throwing competitions in multiple cities. High prizes appeared in the tents, and bets. It can even be an entire property. With the development of the times, the combination of sports events and games has become more and more inseparable. In the United Kingdom (UK), as football became increasingly popular in the modernization process at the end of the 19th century, gambling and horse racing were intertwined. Nowadays, horse racing cannot be imagined without betting, which stems from its historical tradition established throughout the early modern period. At the end of the 19th century, everything changed. Our knowledge of traditional sports began to attract attention from horse racing. In the United States, baseball has come to center stage. The National League was established on February 2, 1876, followed by the American League in 1901. As the popular sports are now subject to regulations and guidelines, gambling has become an important industry, allowing the development of the emerging gambling industry.
At the beginning of the 20th century, the speed of gambling in the Western world slowed down due to many regulations. Moral conservatism leads to retreat to gambling and limits the choices of ordinary people in gambling. Around this time, the sports betting industry went underground and expanded to more sports events including boxing and track and field. Gaming industries are very common in both formal and informal occasions. More and more gaming industries have emerged through popular culture in the early 20th century. Throughout the second half of the 20th century, with the development of sports, the gaming industry has undergone changes and brand-new developments have emerged. Both the gaming industry and the professional sports industry have begun to develop rapidly.
In 1998, the United Kingdom and the United States established the first website dedicated to sports betting. Thanks to the technology, the website can now function like a betting shop and provide a more comfortable and easier way to place bets for many people. Compared with the rent paid by physical betting shops, sports betting sites do not need to pay too much labor costs and only need to pay less server costs. This, coupled with the increasing popularity of the Internet and supporting mobile network equipment, led to an explosive growth phase in the early 21st century. The value of online games exceeded US$1 billion in 2001 and has become a multi-billion US dollar industry today. The vast increase in the processing power of smartphones has enabled the iGaming industry to develop further, which reflects the way the iGaming industry has changed the dominant platform from desktop computers to smartphones.
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