★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★Open research. Global perspectives.
editor@theamericanjournals.com Publisher Home ↗
Political Science Law OPEN ACCESS

History And Stages Of Development Of Bookmaking Activities

Bolliyev Nurmukhammad Nurboy o’g’li
Law Enforcement Academy of the Republic of Uzbekistan, 1st-year Doctoral Student, Uzbekistan
DOI Crossref DOI 10.37547/tajpslc/Volume08Issue01-07
tajpslc 2026
VOL. 8 / NO. 01 JANUARY
FULL TEXT PP. 38-41
DOWNLOAD PDF

View all articles in this issue ↗

VOLUME 8
ISSUE 01
YEAR 2026
PAGES 38-41
RESEARCH OVERVIEW

Abstract

This article explores the historical evolution of bookmaking and sports betting, tracing its trajectory from ancient informal wagering to the sophisticated, multi-billion-dollar digital industry of the 21st century. By examining key developmental stages—including the emergence of professional bookmakers in the 18th century, the era of legislative regulation, and the transformative impact of the internet and mobile technology—this study provides a comprehensive overview of the sector’s economic and structural changes.

RESEARCH TOPICS

Keywords

Regulation of sports betting markets Legal liability of bookmakers Civil law mechanisms in gambling

Downloads

Download data is not yet available.
SOURCES & SCHOLARSHIP

References

  1. Black, R. (1891). The Jockey Club and Its Founders: In Three Periods. Smith, Elder & Co.
  2. Depken, C. A., & Gandar, J. M. (2021). Integrity fees in sports betting markets. Eastern Economic Journal, 47(1), 1–19.
  3. https://doi.org/10.1057/s41302-020-00178-9
  4. Encyclopaedia Britannica. (2025). Gambling: Origins, risk, regulation.
  5. https://www.britannica.com/topic/gambling/History
  6. Grote, K. R., & Matheson, V. A. (2017). Should gambling markets be privatized? An examination of state lotteries in the United States. In P. Rodríguez, B. R. Humphreys, & R. Simmons (Eds.), Sports and betting (pp. 21–37). Edward Elgar Publishing.
  7. Howell, K. (2020). You can bet on it: The legal evolution of sports betting. Harvard Journal of Sports & Entertainment Law.
  8. https://journals.law.harvard.edu
  9. Humphreys, B. R. (2021). Legalized sports betting, VLT gambling, and state gambling revenues: Evidence from West Virginia. Eastern Economic Journal, 47(1), 1–18.
  10. https://doi.org/10.1057/s41302-020-00177-w
  11. Matheson, V. A. (2019). The rise and fall (and rise and fall) of the Summer Olympics as an economic driver. In J. Wilson & R. Pomfret (Eds.), Historical perspectives on sports economics: Lessons from the field (pp. 52–66). Edward Elgar Publishing.
  12. Matheson, V. A., Schwab, D., & Koval, P. (2018). Corruption in the bidding, construction, and organization of mega-events: An analysis of the Olympics and World Cup. In M. Breuer & D. Forrest (Eds.), The Palgrave handbook on the economics of manipulation in professional sports (pp. 257–278). Palgrave Macmillan.
  13. Nevada Gaming Control Board. (2019). Monthly revenue report: December 2019.
  14. https://gaming.nv.gov
  15. Schwartz, D. G. (2006). Roll the bones: The history of gambling. Gotham Books.
  16. UK Gambling Commission. (2020). Gambling industry statistics.
  17. https://www.gamblingcommission.gov.uk