From 68d84dced8dedaa039b9d8d68fde4306f720ddea Mon Sep 17 00:00:00 2001 From: sherrieromano Date: Thu, 2 Jan 2025 10:41:59 +0800 Subject: [PATCH] Add Sport Betting Industry Wants To Protect Itself --- ...etting-Industry-Wants-To-Protect-Itself.md | 68 +++++++++++++++++++ 1 file changed, 68 insertions(+) create mode 100644 Sport-Betting-Industry-Wants-To-Protect-Itself.md diff --git a/Sport-Betting-Industry-Wants-To-Protect-Itself.md b/Sport-Betting-Industry-Wants-To-Protect-Itself.md new file mode 100644 index 0000000..f76ec85 --- /dev/null +++ b/Sport-Betting-Industry-Wants-To-Protect-Itself.md @@ -0,0 +1,68 @@ +[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
Sport [sports betting](http://it-viking.ch/index.php/User:MargartMillican) market looks to safeguard itself
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16 September 2010
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
By Bill Wilson
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Business press reporter, BBC News
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[sports betting](https://cosplaybook.de/read-blog/7040_how-are-betting-odds-calculated.html) on sport is huge service.
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Sport England estimates the value of spending on in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.
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And that figure is likely to have grown further, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summertime.
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Meanwhile, German research study firm Sport & Markt estimates the general international gambling market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](http://ringturbine.com:80/index.php/User:BeatrizWolken) gaming.
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But when the integrity of events are hit the gaming market suffers, and incomes are put under threat if consumers can not bet with confidence.
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And there can have been couple of higher-profile sport wagering stories than those impacting cricket and snooker this year.
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High-profile
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As Sport & Markt's Gareth Moore observes: "Everyone discuss the [sports betting](https://lets.chchat.me/read-blog/1973_compare-amp-review-oddsjet-de.html) market now.
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"Not just is it a considerable market in world company, it is one that is now on the front pages of papers."
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Four Pakistan cricketers have been questioned by authorities over spot-fixing claims relating to a test against England at Lord's last month.
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Three of these gamers have actually said they will also challenge the corruption charges installed versus the trio by the sport governing body the International Cricket Council.
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Meanwhile, three-times snooker world champ John Higgins was cleared of match-fixing claims, but was banned last week for 6 months for stopping working to report the illegal approach to him to toss frames.
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There are likewise two other continuing investigations - not related to Mr Higgins - into snooker.
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'Honest'
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David O'Reilly is legal counsel for Betfair, among the UK's biggest online sporting exchanges.
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"If the sport is perceived as truthful, straight and fair that is good for wagering firms because people will spend cash wagering with self-confidence," he states.
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"If you take the Pakistan allegations, although unassociated to the UK managed [sports betting](https://accc.rcec.sinica.edu.tw/mediawiki/index.php?title=User:LashawndaGoulbur) industry ... it is not actually a positive story for [sports betting](https://www.womplaz.com/read-blog/90_things-you-need-to-know-about-rafting-adventures.html) in the UK.
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"That is since the understanding is that 'cricket is now something we may need to beware about'."
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'Education'
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So what can be done to prevent future scandals?
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According to specialists at a World [sports betting](https://cheere.org/read-blog/36227_the-ins-and-outs-of-betting-on-the-nfl-draft.html) Law Report conference into [sports betting](http://chillibell.com/read-blog/475_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) gambling, the focus has to be on sportspersons and sportswomen.
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As Simon Taylor of the Professional Players' Federation points out: "The only people who can fix a match are the rivals or the referee."
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His organisation represents males and females in 15 [sports betting](https://connectingsparks.com/read-blog/25100_the-ins-and-outs-of-betting-on-the-nfl-draft.html) in the UK, being an umbrella organisation for all player organisations, such as the Professional Footballers' Association.
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He believes that it is insufficient to simply have deterrents, sanctions and disciplinary treatments, however that the way to tackle possible concerns around gamers is likewise through education.
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Mr Taylor says rules need to be discussed plainly to players with clear examples, and by people they appreciate.
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"Through educating players about [sports betting](https://onetable.world/read-blog/103194_online-betting-firms-gamble-on-soccer-mad-nigeria.html) you enhance integrity and that is in everybody's interest," he includes.
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"If players are more difficult to corrupt then sport will be harder to corrupt."
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'Brand damage'
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Matt Johnson, head of regulatory legal guidance at the Football Association, concurs.
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"Prevention is better than cure, and we also make a point of telling players 'you are going to be caught'."
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"It is important that sport is directly, and is seen to be directly," he adds.
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"If it loses that then people do not wish to wager, that is not in gaming companies' interests, and it is not in our interests."
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He stated that when a good track record was lost, the damage to a sport was "enormous".
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FA rules imply gamers are not permitted to wager on a competition in which they are included.
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Mr Johnson says gamers have to be seen not to be cashing in on any inside knowledge, which he says might cause "brand name damage" to football and its competitions.
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So, even a 2nd Division gamer knocked out of the FA Cup in the fall can not wager on a Manchester United v Chelsea cup final the following spring.
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"We need to overcome to players the reputational threat to the game," he states. "Once confidence has actually been damaged it is difficult to get it back - mud sticks."
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'Overwhelmingly legal'
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If this represents the "carrot" approach, then maybe Nick Tofiluk, director of regulation at the Gambling Commission, represents the "stick".
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The Gambling Commission was established under the Gambling Act 2005 to manage industrial [sports betting](https://micircle.in/read-blog/443_the-ins-and-outs-of-betting-on-the-nfl-draft.html) in Great [Britain](https://surgiteams.com/index.php/User:DanePutnam).
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An ex-chief constable of West Midlands authorities, Mr Tofiluk has duty for policing all [sports betting](http://www.mizmiz.de/read-blog/83414_how-to-play-bet9ja-online.html) in the UK apart from spread wagering, which is the remit of the FSA.
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"The overwhelming bulk of [sports betting](https://wooshbit.com/read-blog/18736_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) wagering happening through UK operators is legal and reasonable," he says.
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"But for some there is the temptation to ... corruptly hinder the outcome of a sporting event.
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"Such unfaithful has the possible to weaken the integrity of a sport, and it likewise damages the business interests of [sports betting](https://www.contraband.ch/read-blog/41886_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) bodies and [sports betting](https://lidoo.com.br/read-blog/14729_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html)."
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The commission has established an internal [Sports Betting](https://kiigasofthub.com/read-blog/10136_sport-betting-industry-looks-to-protect-itself.html) Intelligence Unit to get and distribute info to sporting authorities, wagering firms and policing authorities.
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"Since 2007 we have actually experienced a substantial insight into world of [corrupt](https://africasfaces.com/read-blog/5876_how-to-attract-users-to-my-fantasy-sports-platform.html) [sports betting](https://rhabits.io/read-blog/7577_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) wagering," he says.
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"We will signal [sports betting](https://mybuddis.com/read-blog/75_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) of our issues, to help avoid or curtail [unlawful] activity"
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In May 2010, the commission likewise presented a private telephone hotline for those with info or suspicions.
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'Vulnerabilities'
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But in a two-and-a-half year period there has actually been just one prosecution, a 24-year-old man who was cautioned for cheating in relation to greyhound racing.
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However, Mr Tofiluk says there are still eight ongoing examinations, and that much useful info has actually also been passed to [sports betting](https://inicknet.com/read-blog/2263_how-to-attract-users-to-my-fantasy-sports-platform.html) authorities.
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He said that where an examination by a sport governing body was quicker, and more expense efficient, then the commission would think about terminating a criminal investigation "in favour of letting [sports betting](https://sportify.brandnitions.com/read-blog/20_enhance-your-business-opportunities-with-efficient-sports-apps.html) governing bodies take the lead".
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Meanwhile, he says much of those wanting to cheat the [sports betting](https://globalunitedspirits.com/read-blog/3642_online-betting-firms-gamble-on-soccer-mad-nigeria.html) wagering market were knowledgeable about [sports betting](https://blablasell.com/read-blog/11896_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) and sporting individuals, and about [sports betting](https://bytes-the-dust.com/index.php/User:JimJenkinson549) operations and the movement of money.
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"They look for the vulnerabilities of these to assist in their enterprises."
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Related web links
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World [sports betting](https://friendza.enroles.com/read-blog/31622_sport-betting-industry-looks-to-protect-itself.html) Law Report
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ICC
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Professional Players Federation
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Professional Footballers' Association
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The FA
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Betfair
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Sport & Markt
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
BLP
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Gambling Commission
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