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Passing the amendment, the French parliament also referred to a 2007 report from the British Gambling Commission that said 9.8% of punters using betting exchanges developed gambling addictions, compared to a rate of between one and three per cent among the general gambling population.
Betfair is a true innovator in the sports gaming space and not only brought the concept of a sports exchange to the masses, but brought sports investing as a safe investment concept to millions of individuals around the world. In many ways, their exchange legitimized sports wagering as a professional endeavour.