SBC News Vice explores the rise of political betting

Vice explores the rise of political betting

This April, youth news and entertainment publisher Vice.com has highlighted the growth of political betting markets in a video segment titled Why British People are Betting on Trump’s Impeachment’.

Produced by journalist Jake Warren, Vice’s reports on the ‘rise of political betting’ in the wake of an unprecedented 2016 which saw Britain vote to leave the European Union and former reality TV star Donald Trump becoming the 45th President of the United States of America.

The Vice video segment sees Warren interview Ladbrokes Head of Politics Matthew Shaddick who gives detailed insight into how bookmakers’ create political betting markets and what punters are betting on.

Whilst political betting markets may not match the wagering levels recorded by football, Shaddick states that the rise in their popularity has been visible and ‘good for bookmaker businesses’.

As a media publisher, Vice.com is registered as having the largest global millennial audience, with its website ranked in the top 50 UK and USA (Alexa.com) for total monthly viewership.

Check Also

SBC News Entain opens 2024 trading with no home comforts

Entain opens 2024 trading with no home comforts

Entain Plc remains focused on accelerating operational efficiency, aiming to return its business to growth …

SBC News Entain concludes messy 2023 on £879m loss as UK/Euro headwinds continue 

Entain concludes messy 2023 on £879m loss as UK/Euro headwinds continue 

Entain Plc has closed its full-year 2023 accounts declaring corporate losses (after tax) totalling £879m …

Sam Rosbottom, Betfair: politics punters expecting change on both sides of Atlantic

Sam Rosbottom, Betfair: politics punters expecting change on both sides of Atlantic

Betting isn’t always about sports – politics and elections can be a popular punt for …