Betting Shops
Betting shops are the land-based venues that bookmakers and gambling companies operate. Though they’ve taken a huge hit due to the rise of online sports betting, betting shops still serve as important revenue generators for some companies.
Betting shop operators include some of the biggest names in the gaming industry such as William Hill, Ladbrokes, Coral and GVC Holdings who all have a large number of high street betting shops. Two-thirds of the income from Ladbrokes-Coral Group Plc, which is operated by GVC Holdings, comes from its traditional high street betting shops.
Despite the many advantages offered by online bookies, offline gambling remains popular amongst many football enthusiasts. This is largely because of the unrivalled feeling that offline betting offers.
The atmosphere is also unique as it has a more laid back vibe than interactive sports betting sites. Moreover, some betting shops offer pre-printed betting slips with guidelines on how to fill them out correctly.
In addition to offering a variety of bet types, betting shops offer more attractive odds than their online counterparts. This is because they don’t have to pay an 8% vig, like most online sportsbooks.
Several UK-based sportsbooks that started out as neighborhood betting shops are now planning to expand to the US market. This could be a significant advantage for brick and mortar sportsbooks, as they’ll be able to bring their unique British culture and tradition to the American audience. Sunday opening hours