|Senator Kyl should take heed that America’s desire to wager remains as strong as ever, as internet bookmakers announce record profits following Sunday’s Super Bowl XXXVIII. The Trade Exchange Network, operator of the TradebetX.com and TradeSports.com betting exchanges, revealed this week that punters staked more than $20.6m with them alone.|
John Delaney, company CEO, told us: “Almost $1 million was traded during the event. Imagine how much more exciting the game is to watch when you are trading in and out of positions with every play”.
So it’s not just the Patriots celebrating this week. It’s estimated that $375-400 million has been wagered through online bookmakers this year. 'The Super Bowl is undeniably the biggest sporting event of the year in America, and therefore captivates one of the largest, most diverse groups of viewers who wager money to give themselves a vested interest in the outcome of the game,' said David Carruthers, CEO of BetonSports.com. 'As more and more consumers realize the advantages of online gambling as a safe, private and convenient means of entertainment, the Internet will become the preferred destination for wagering on sports, not Las Vegas.'