Posted on: August 21, 2023, 03:23h.
Last updated on: August 21, 2023, 03:23h.
Global gaming operator Entain has reported a surge in betting activity worldwide for the 2023 Women's World Cup that just wrapped up in Australia and New Zealand. As England and Spain prepared for the final battle, there was a substantial rise in the number of bets both placed by women and in the competition overall.
The company behind Ladbrokes, Coral and other betting brands reported that during England's initial three matches, bets by women garnered an impressive 21% of the total. In contrast, the 2022 Women's European Championship received a slightly lower percentage, at 17%, while the final World Cup in 2019 lagged further behind with only 13% of bets.
Entain's latest conquest, New Zealand's Tab NZ betting operator, had its sponsorship of the competition rewarded, as well. Female bettors accounted for 15% of all wagers made through the operator, compared to a meager 9% recorded back in 2019.
Soccer Betting Gains Steam
TAB NZ experienced a massive surge of 365% in the number of wagers placed on this year's Women's World Cup soccer tournament. Meanwhile, Australia witnessed a rise of almost 200% in betting, which can be attributed to its commendable journey to the round of 16.
In the US, an upsurge has also been witnessed, with the US Women's National Team spearheading a fresh surge in soccer gambling. Interestingly, during the US Women's match versus Vietnam, BetMGM, the betting platform Entain operates with MGM Resorts International, recorded a staggering threefold increase in bets compared to Lionel Messi's debut with Inter Miami CF.
In July, the German Sports University Cologne published a study revealing an expansion in the scope of the sports betting market. Since 2020, soccer has been experiencing a staggering surge in popularity among bettors, with an annual growth rate of about 20%.
Corresponding to that increase, soccer appears to be at the forefront when it comes to the amount of money invested in bets. At the same time, the research indicated that there has been a notable doubling in the number of women engaging in betting on women's soccer every year.
Spain Makes History
Spain hoisted the trophy on Sunday after winning the first Women's World Cup in its history by beating England 1-0 in a thrilling final before 80,000 spectators. Left back Olga Carmona scored for Spain in the 29th minute, thanks to a pass from Mariona Caldentey, and England would never recover.
“La Roja” achieved a monumental feat by emerging as the fifth winning country in Women's World Cup history. Spain joins Germany as the exclusive duo to claim victory in both the men's and women's tournaments, with both of those teams winning in their debut at the final.
For the second time in a row, the Swedish team has won the bronze medal in the Women's World Cup. On this occasion, they defeated the hosts, the Australian Matildas, by a score of 2-0.
From the start of the game, Sweden showed superiority in controlling the ball, which allowed them to take the lead in the first 30 minutes. Australia tried to fight back, but Sweden's defensive prowess proved to be too much.
With this, Sweden achieved the bronze medal for the fourth time in a Women's World Cup.
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