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Thai punters will likely bet 67 billion baht on Euro 2024 football matches

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By Thai Newsroom Reporters

AN ESTIMATED 67 BILLION baht in betting stake is forecast to circulate among gamblers nationwide during the upcoming UEFA Euro 2024 football championship.

The University of the Thai Chamber of Commerce’s Centre for Business & Economic Forecasting Director Thanawat Polvichai announced today (June 10) some 67.04 billion baht in cash and credit is anticipated to be at stake among all bettors on UEFA Euro 2024 football matches in Germany in which 24 national teams are competing at 10 stadiums. The Euro 2024 championship is scheduled to kick off on the upcoming Saturday and last until July 14.

Despite being warned by the authorities against gambling which is yet against the law, bettors in all parts of the country could practically find ways and means to gamble on any Euro football matches, especially online.

The UTCC rector cited a recent poll conducted among 1,000 people as saying an estimated 87.62 billion baht in cash and credit is expected to be spent in relation to the football championship held every four years in Europe since 1960.

Of that total expenditure, as much as 67.04 billion baht is forecast as the combined amount of money to bet on the football games whilst other costs include bills for foods and drinks at restaurants and bars where all the football games are being broadcast live throughout the one-month period, Thanawat said.

The UTCC poll has found most Thais rooting for England, Germany and France for UEFA Euro 2024 champions.

CAPTIONS:

Top: Italy are the holders of the Henri Delaunay Trophy after they beat England on penalties at Euro 2020. Photo: Getty Images and published by BBC

Front Page: Scotland boss Steve Clarke will see his side face hosts Germany in the opening game of the tournament. Photo: Getty Images and published by BBC


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