Ten new betting firms enter market within two months

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Ten new betting firms entered the local market between the end of July and this month. PHOTO | SHUTTERSTOCK

Ten new betting firms entered the local market between the end of July and this month, pointing to the growth of the gambling craze that is attracting local and foreign-owned businesses.

An official list by the Betting Control and Licensing Board (BCLB) shows that the 10 are part of 28 firms that were licensed in the period, bringing the total to 99 from 71 at the end of July.

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Note: The results are not exact but very close to the actual.