From c5b290423ba1db6a26f5a3512baba6f2e9c8424f Mon Sep 17 00:00:00 2001 From: francinegilmor Date: Wed, 18 Dec 2024 07:42:00 -0600 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..95e6f74 --- /dev/null +++ b/Sport-Betting-Industry-Wants-To-Protect-Itself.md @@ -0,0 +1,68 @@ +[bit.ly](https://bit.ly/AviatorGameOnlineBET9JA)
Sport wagering industry aims to protect itself
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16 September 2010
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By Bill Wilson
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Business reporter, BBC News
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[sports betting](https://www.yourbuyersguide.co.uk/compare-review-oddsjet-de/) on sport is huge business.
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Sport England approximates the worth of costs on sport-related betting in grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.
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And that figure is likely to have actually grown further, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summer season.
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Meanwhile, German research company Sport & Markt approximates the total worldwide gambling market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://dev.fleeped.com/read-blog/61_for-sports-gambling-to-be-legalised.html) gambling.
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But when the integrity of events are hit the gaming industry suffers, and revenues are put under hazard if customers can not wager with self-confidence.
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And there can have been few 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 speak about the [sports betting](https://social.japrime.id/read-blog/23395_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.html) market now.
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"Not just is it a considerable market in world service, it is one that is now on the front pages of newspapers."
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Four Pakistan cricketers have been questioned by cops over spot-fixing claims associating with a test against England at Lord's last month.
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Three of these gamers have actually stated they will likewise 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 accusations, but was prohibited recently for 6 months for failing to report the prohibited method to him to toss frames.
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There are also 2 other continuing examinations - unrelated to Mr Higgins - into snooker.
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'Honest'
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David O'Reilly is legal counsel for Betfair, one of the UK's most significant online sporting exchanges.
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"If the sport is viewed as sincere, straight and reasonable that is excellent for wagering companies since individuals will invest money [sports betting](https://woodsrunners.com/index.php/User:Lola10N938321556) with confidence," he states.
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"If you take the Pakistan accusations, although unrelated to the UK managed [sports betting](http://www.tomtomtextiles.com/how-to-play-bet9ja-online/) market ... it is not actually a favorable story for [sports betting](https://social.oneworldonesai.com/read-blog/1609_sport-betting-industry-aims-to-protect-itself.html) in the UK.
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"That is due to the fact that the perception is that 'cricket is now something we might have to be mindful about'."
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'Education'
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So what can be done to avoid future scandals?
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According to experts at a World [sports betting](http://kitsap.whigdev.com/read-blog/3102_online-betting-firms-gamble-on-soccer-mad-nigeria.html) Law Report conference into [sports betting](https://ask.onekeeitsolutions.com/index.php?qa=86034&qa_1=sports-minister-tracey-crouch-resigns-delay-betting-crackdown) gambling, the focus needs to be on sportsmen and sportswomen.
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As Simon Taylor of the Professional Players' Federation explains: "The only people who can repair a match are the rivals or the referee."
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His organisation represents men and females in 15 [sports betting](https://olympiquelyonnaisfansclub.com/read-blog/14829_compare-amp-review-oddsjet-de.html) in the UK, being an umbrella organisation for all gamer organisations, such as the Professional Footballers' Association.
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He believes that it is inadequate to merely have deterrents, sanctions and disciplinary procedures, however that the method to tackle potential problems around gamers is likewise through education.
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Mr Taylor states guidelines need to be described clearly to gamers with clear examples, and by people they respect.
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"Through informing players about [sports betting](https://reckoningz.com/how-to-attract-users-to-my-fantasy-sports-platform/) you reinforce stability and that remains in everyone's interest," he adds.
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"If players are harder 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 suggestions at the Football Association, agrees.
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"Prevention is much better than treatment, and we likewise make a point of informing gamers 'you are going to be captured'."
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"It is vital that sport is directly, and is seen to be straight," he includes.
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"If it loses that then individuals do not wish to bet, that is not in [sports betting](https://chelseafansclub.com/read-blog/13176_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) firms' interests, and it is not in our interests."
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He said that as soon as a great reputation was lost, the damage to a sport was "enormous".
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FA rules suggest gamers are not allowed to bank on a competitors in which they are included.
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Mr Johnson says players need to be seen not to be capitalizing any inside knowledge, which he says might trigger "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 autumn can not wager on a Manchester United v Chelsea cup final the following spring.
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"We need to get over to gamers the reputational threat to the game," he says. "Once confidence has actually been damaged it is tough to get it back - mud sticks."
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'Overwhelmingly legal'
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If this represents the "carrot" technique, then possibly Nick Tofiluk, director of guideline at the Gambling Commission, represents the "stick".
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The Gambling Commission was set up under the Gambling Act 2005 to control business gaming in Great Britain.
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An ex-chief constable of West Midlands authorities, Mr Tofiluk has obligation for policing all wagering in the UK apart from spread wagering, which is the remit of the FSA.
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"The frustrating majority of [sports betting](http://wiki.die-karte-bitte.de/index.php/Benutzer_Diskussion:StanleyBaughan) 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 result of a sporting occasion.
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"Such unfaithful has the possible to undermine the integrity of a sport, and it also damages the business interests of [sports betting](https://wolvesbaneuo.com/wiki/index.php/User:TracyCorin745) bodies and [sports betting](https://krazzykross.com/read-blog/1508_things-you-need-to-learn-about-rafting-adventures.html)."
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The commission has developed an in-house [Sports Betting](https://wiki.sublab.net/index.php?title=User:EmeryThurber875) Intelligence Unit to receive and disseminate details to sporting authorities, betting companies and policing authorities.
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"Since 2007 we have actually experienced a significant insight into world of corrupt [sports betting](https://mediawiki1263.00web.net/index.php/User:KeriU47331185)," he says.
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"We will inform [sports betting](https://cheere.org/read-blog/36278_online-betting-firms-gamble-on-soccer-mad-nigeria.html) of our concerns, to assist avoid or cut [unlawful] activity"
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In May 2010, the commission also presented a private telephone hotline for those with information or suspicions.
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'Vulnerabilities'
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But in a two-and-a-half year period there has been simply one criminal prosecution, a 24-year-old man who was cautioned for unfaithful in relation to greyhound racing.
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However, Mr Tofiluk states there are still 8 continuous investigations, and that much helpful details has actually likewise been passed to [sports betting](https://olps.co.za/wiki/User:DarleneOsullivan) authorities.
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He stated that where an investigation by a sport governing body was quicker, and more expense efficient, then the commission would consider stopping a criminal examination "in favour of letting [sports betting](https://followingbook.com/read-blog/20224_the-ins-and-outs-of-betting-on-the-nfl-draft.html) governing bodies take the lead".
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Meanwhile, he says numerous of those looking to cheat the [sports betting](https://wiki.ragnaworld.net/index.php?title=User:DorineToro8573) wagering market were experienced about [sports betting](https://cheere.org/read-blog/36261_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) and sporting people, and about [sports betting](https://followingbook.com/read-blog/20224_the-ins-and-outs-of-betting-on-the-nfl-draft.html) operations and the movement of cash.
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"They look for the vulnerabilities of these to assist in their business."
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Related web links
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World [sports betting](https://blkbook.blactive.com/read-blog/2294_the-ins-and-outs-of-betting-on-the-nfl-draft.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
[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG) +
BLP
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Gambling Commission
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