From e834882f59e6797190c198bf2bd43e6b19150081 Mon Sep 17 00:00:00 2001 From: giuseppetobias Date: Tue, 17 Dec 2024 17:06:17 +0000 Subject: [PATCH] Add Sport Betting Industry Seeks To Protect Itself --- ...etting-Industry-Seeks-To-Protect-Itself.md | 68 +++++++++++++++++++ 1 file changed, 68 insertions(+) create mode 100644 Sport-Betting-Industry-Seeks-To-Protect-Itself.md diff --git a/Sport-Betting-Industry-Seeks-To-Protect-Itself.md b/Sport-Betting-Industry-Seeks-To-Protect-Itself.md new file mode 100644 index 0000000..aaad1e5 --- /dev/null +++ b/Sport-Betting-Industry-Seeks-To-Protect-Itself.md @@ -0,0 +1,68 @@ +[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
Sport [sports betting](https://tartar.app/read-blog/1665_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) market wants to safeguard 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://wolvesbaneuo.com/wiki/index.php/User:LakeshaKde) on sport is big organization.
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Sport England estimates the value of costs on sport-related gaming 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 actually grown even more, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summer.
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Meanwhile, German research firm Sport & Markt estimates the general global gambling market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://oeclub.org/index.php/User:CarenAndres380) gambling.
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But when the integrity of events are struck the gaming market suffers, and profits are put under hazard if customers can not wager 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 talks about the [sports betting](https://clashofcryptos.trade/wiki/User:MirtaShiels7870) market now.
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"Not just is it a substantial market in world organization, it is one that is now on the front pages of papers."
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Four Pakistan cricketers have been questioned by cops over spot-fixing accusations connecting to a test against England at Lord's last month.
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Three of these players 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 champion John Higgins was cleared of match-fixing accusations, however was banned recently for 6 months for failing to report the prohibited method to him to throw frames.
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There are likewise 2 other continuing investigations - not associated 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 greatest online sporting exchanges.
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"If the sport is viewed as sincere, straight and fair that benefits wagering companies since people will spend money [sports betting](https://younivix.com/read-blog/29892_the-ins-and-outs-of-betting-on-the-nfl-draft.html) with self-confidence," he says.
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"If you take the Pakistan allegations, although unrelated to the UK controlled wagering market ... it is not actually a positive story for wagering in the UK.
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"That is since the understanding is that 'cricket is now something we might need to be careful 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 experts at a World [sports betting](http://woorichat.com/read-blog/10277_things-you-need-to-learn-about-rafting-adventures.html) Law Report conference into [sports betting](https://melanatedpeople.net/read-blog/67438_how-to-play-bet9ja-online.html), the focus needs to be on sportsmen and sportswomen.
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As Simon Taylor of the Professional Players' Federation points out: "The only people who can repair a match are the competitors or the referee."
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His organisation represents males and females in 15 [sports betting](http://classicalmusicmp3freedownload.com/ja/index.php?title=%E5%88%A9%E7%94%A8%E8%80%85:RockyA1175332) in the UK, being an umbrella organisation for all player organisations, such as the Professional Footballers' Association.
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He thinks that it is not enough to simply have deterrents, sanctions and disciplinary treatments, however that the way to tackle potential problems around players is also through [education](http://elevarsi.it/wiki/index.php?title=Utente:AshtonLugo).
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Mr Taylor says rules require to be explained clearly to gamers with clear examples, and by people they respect.
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"Through educating gamers about [sports betting](https://blablasell.com/read-blog/11907_begin-winning-with-pcg-college-football-picks.html) you strengthen stability and that is in everybody's interest," he adds.
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"If gamers 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, agrees.
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"Prevention is much better than treatment, and we also make a point of telling gamers 'you are going to be captured'."
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"It is necessary that sport is directly, and is seen to be straight," he adds.
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"If it loses that then people don't want to bet, that is not in [sports betting](https://www.yewiki.org/User:GretchenLoper3) companies' interests, and it is not in our interests."
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He said that once a great credibility was lost, the damage to a sport was "incalculable".
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FA rules indicate players are not enabled to wager on a competitors in which they are involved.
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Mr Johnson says players have actually to be seen not to be capitalizing any inside understanding, which he says could cause "brand name damage" to football and its competitors.
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So, even a 2nd Division gamer knocked out of the FA Cup in the fall can not bank on a Manchester United v Chelsea cup last the following spring.
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"We have to overcome to gamers the reputational danger to the game," he says. "Once self-confidence has been damaged it is hard to get it back - mud sticks."
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'Overwhelmingly legal'
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If this represents the "carrot" method, then possibly Nick Tofiluk, director of guideline at the Gambling Commission, represents the "stick".
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The Gambling Commission was established under the Gambling Act 2005 to regulate business gaming in Great Britain.
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An ex-chief constable of West Midlands authorities, Mr Tofiluk has responsibility for policing all [sports betting](https://genzkenya.co.ke/read-blog/85_for-sports-gambling-to-be-legalised.html) in the UK apart from spread [sports betting](https://35.237.164.2/wiki/User:AdrienneRehkop), which is the remit of the FSA.
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"The overwhelming majority of [sports betting](http://maili.demoe.cn:112/read-blog/397_how-to-play-bet9ja-online.html) wagering taking location through UK operators is legal and fair," he says.
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"But for some there is the temptation to ... corruptly interfere with the result of a sporting event.
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"Such has the possible to weaken the integrity of a sport, and it also harms the commercial interests of [sports betting](https://lifefriendsurance.com/things-you-need-to-learn-about-rafting-adventures/) bodies and [sports betting](https://www.sportpassionhub.com/read-blog/1448_the-ins-and-outs-of-betting-on-the-nfl-draft.html)."
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The commission has actually developed an internal [Sports Betting](https://www.sportpassionhub.com/read-blog/1445_the-history-of-the-nfl-and-how-to-bet-on-it.html) Intelligence Unit to receive and disseminate info to sporting authorities, wagering firms and policing authorities.
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"Since 2007 we have actually experienced a significant insight into world of corrupt [sports betting](https://www.worlddiary.co/read-blog/4694_how-to-play-bet9ja-online.html) wagering," he says.
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"We will signal [sports betting](https://biiut.com/read-blog/868_how-to-play-bet9ja-online.html) of our issues, to assist prevent or reduce [illegal] activity"
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In May 2010, the commission also presented a personal 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 duration there has actually been just one prosecution, a 24-year-old man who was warned for cheating in relation to greyhound racing.
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However, Mr Tofiluk states there are still eight ongoing investigations, and that much useful information has likewise been passed to [sports betting](https://tartar.app/read-blog/1670_how-to-play-bet9ja-online.html) authorities.
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He stated that where an investigation by a sport governing body was quicker, and more expense reliable, then the commission would think about stopping a criminal investigation "in favour of letting [sports betting](https://drapia.org/11-WIKI/index.php/User:JodiPrentice7) governing bodies take the lead".
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Meanwhile, he says much of those aiming to cheat the [sports betting](http://wiki-tb-service.com/index.php?title=Benutzer:Cristine7159) industry were well-informed about [sports betting](https://jimsusefultools.com/index.php/User:JensGoodsell) and sporting individuals, and about wagering operations and the motion of money.
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"They look for out the vulnerabilities of these to assist in their enterprises."
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Related internet links
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World [sports betting](https://blablasell.com/read-blog/11900_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.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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