UK Bettors Opting for Black Market Products as KYC Regulations Tighten
A major survey conducted by the RMG revealed that 15% of survey respondents either bet or know someone who bets with a black market bookmaker, resulting in a "material decline" in racing betting turnover on the sport last year as affordability checks drove punters away.Martin Stevenson, CEO of RMG, which manages the media rights of 35 British racecourses and is the parent company of Racing TV, revealed the revenue hit while releasing the results of a survey of 3,500 RTV members. It comes a day after Andrew Rhodes, chief executive of the