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Industry Trends: Sports Betting Shows Growth, Diversity Evolves in Jurisdictions According to This Year’s All-Index

Industry Trends: Sports Betting Shows Growth, Diversity Evolves in Jurisdictions According to This Year's All-Index

Industry-Led Project Releases Fourth Report on Betting and Gaming Workforce

The All-In Diversity Project has recently published its fourth report on the betting and gaming industry’s workforce. This industry-led initiative aims to measure diversity, equality, and inclusion in the global betting and gaming industry. The report provides insights into industry trends for the year 2022/23.

A Barometer of Global Trends

The gambling sector continues to serve as a reliable indicator of emerging global trends, technological developments, and societal changes. The latest All-Index report highlights key trends, including the shift in sector dominance from Europe to North America, increased sports betting across the industry, and a rise in female leadership.

Sports Betting Takes the Lead

For the first time ever, sports betting has been reported as the dominant product across all participating companies, surpassing slots. Additionally, eSports has seen significant growth and is now on par with bingo. This rise in popularity has resulted in notable changes in gender ratios within businesses.

Gender Gap and Female Representation

The All-Index report reveals a widening gender gap, with 65% of employees identifying as male and only 35% as female. This shift may be attributed to the rise of sports betting in newly-regulated countries such as the United States, Canada, and Brazil. The report also shows an increase in female representation in leadership roles, with women occupying 29% of executive positions and 37% of non-executive roles. It is predicted that the percentage of female non-executive directors will reach 40% by 2026. This increase in gender diversity aligns with upcoming regulations on board gender representation in Europe.

The Importance of Diversity, Equity, and Inclusion

The All-Index report emphasizes the significance of diversity, equity, and inclusion (DEI) initiatives. Among the top ten scoring companies, only one is a private entity, while the rest are publicly-listed corporations. This indicates that policymakers, investors, and shareholders prioritize DEI. Robust DEI practices have shown to positively impact a business’s bottom line.

The report also highlights practical initiatives and programs implemented by leading organizations, serving as a source of inspiration for those seeking to support their DEI goals.

To access the full report, visit https://www.AllInDiversityProject.com/All-Index.

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