Odds
Odds

New Study Estimates That People in Japan Bet $45bn on Illegal Sportsbooks in 2024

  • The report gathered data from internet providers and consultants
  • Baseball and soccer were the most popular sports to bet on in Japan
  • Many athletes have been caught playing at offshore online casinos
Baseball player
Japanese people bet a substantial amount through illegal sportsbooks last year, according to a new study. [Image: Shutterstock.com]

Despite most forms of online gambling being illegal in Japan, many residents use offshore sites to place sports bets and play casino games. A new report from the Council for Sports Ecosystem Promotion (C-SEP) estimates that about US$45bn went towards these platforms from Japan last year.

The figures in the report came after discussions with offshore consultants and large internet service providers. Baseball betting in particular accounted for about US$3.7bn of the total, with soccer next popular at around US$2.3bn.

coming to light that many baseball players use illegal gambling sites

It’s not just the general public that’s engaging in offshore sports betting. Athletes have gotten into trouble recently, with it coming to light that many Japan-based baseball players use illegal gambling sites. Prosecutors are currently investigating Yomiuri Giants and Orix Buffaloes players for allegedly using online casinos, with Nippon Professional Baseball already issuing fines to 16 people across eight teams for this type of behavior.

While some people say that Japan should legalize sports betting and reap the benefits of the resulting tax revenue, this is unlikely. Following the release of the report, Yomiuri Giants owner and C-SEP council member Toshikazu Yamaguchi sathe report that nobody in professional baseball wants to legalize the activity.

Leave a Reply

Your email address will not be published. Required fields are marked *