Tag: International Olympic Committee

• Wednesday, March 2nd 2011 - 06:05 UTC

  Illegal betting in sports generates turnover of 140 billion US dollars

  

  Illegal betting in sport generates a turnover of around 140 billion US dollars a year worldwide, according to IOC president Jacques Rogge. Speaking after a meeting in Lausanne with government ministers, Interpol and European bodies on illegal and irregular betting practices, Rogge said action had to be taken to counter the threat.