commit bcf0ec46ca885e771c0027ea431cf2ca9a45b6ac Author: victorina88485 Date: Wed Dec 18 15:52:59 2024 +0000 Add Sport Betting Industry Wants To Protect Itself 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..649aefa --- /dev/null +++ b/Sport-Betting-Industry-Wants-To-Protect-Itself.md @@ -0,0 +1,69 @@ +
Sport [sports betting](https://dev.fleeped.com/read-blog/60_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) industry looks 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://sfqatest.sociofans.com/read-blog/644_for-sports-gambling-to-be-legalised.html) on sport is huge organization.
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Sport England approximates the worth 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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Which 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 study company Sport & Markt estimates the total international [gambling market](https://wiki.streampy.at/index.php?title=User:FlorianRoddy7) will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](http://addsub.wiki/index.php/User:EsperanzaRummel).
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But when the [integrity](https://pattern-wiki.win/wiki/User:AllisonE62) of occasions are hit the gambling industry suffers, and revenues are put under danger if customers can not wager with confidence.
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And there can have been few higher-profile sport [sports betting](https://galgbtqhistoryproject.org/wiki/index.php/User:RudolphBxm) [stories](http://www.vmeste-so-vsemi.ru/wiki/%D0%A3%D1%87%D0%B0%D1%81%D1%82%D0%BD%D0%B8%D0%BA:FerneGoudie) 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://say.la/read-blog/66712_how-are-betting-odds-calculated.html) 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 newspapers."
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Four Pakistan cricketers have been questioned by police over spot-fixing claims associating with a test versus England at Lord's last month.
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Three of these gamers have said 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 last week for 6 months for stopping working to report the prohibited technique to him to toss frames.
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There are likewise two other continuing examinations - 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 most significant online sporting exchanges.
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"If the sport is perceived as truthful, straight and reasonable that is good for wagering companies since individuals will spend cash [sports betting](https://systemcheck-wiki.de/index.php?title=Benutzer:LindsayLockett) with self-confidence," he states.
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"If you take the Pakistan claims, although unassociated to the UK managed wagering market ... it is not actually a for wagering in the UK.
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"That is because the understanding is that 'cricket is now something we might have to beware 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 professionals at a World [sports betting](https://www.grandtribunal.org/wiki/User:TeresitaSloan) Law Report conference into [sports betting](https://terra.planetv.wtf/read-blog/679_.html), 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 fix a match are the rivals or the referee."
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His organisation represents males and females in 15 [sports betting](https://famenest.com/read-blog/56263_for-sports-gambling-to-be-legalised.html) 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 merely have deterrents, sanctions and disciplinary treatments, however that the way to tackle prospective issues around gamers is also through education.
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Mr Taylor says guidelines require to be discussed plainly to players with clear examples, and by people they appreciate.
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"Through informing players about [sports betting](https://squishmallowswiki.com/index.php/User:MarjoriePeeples) you enhance stability and that is in everybody's interest," he adds.
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"If gamers 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 regulative legal guidance at the Football Association, agrees.
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"Prevention is better than treatment, and we also make a point of informing gamers 'you are going to be captured'."
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"It is essential that sport is directly, and is seen to be directly," he includes.
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"If it loses that then people don't want to bet, that is not in [sports betting](https://embargo.energy/index.php/User:BrandieMcCash) firms' interests, and it is not in our interests."
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He said that as soon as an excellent track record was lost, the damage to a sport was "incalculable".
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FA rules indicate gamers are not allowed to wager on a competitors in which they are involved.
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Mr Johnson says gamers need to be seen not to be capitalizing any inside knowledge, which he says could trigger "brand damage" to football and its competitions.
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So, even a Second Division player 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 get over to players the reputational danger to the video game," he says. "Once confidence has actually 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 policy at the Gambling Commission, represents the "stick".
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The Gambling Commission was established under the Gambling Act 2005 to manage business [sports betting](http://famedoot.in/read-blog/117_for-sports-gambling-to-be-legalised.html) in Great Britain.
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An ex-chief constable of West Midlands cops, Mr Tofiluk has responsibility for policing all wagering in the UK apart from spread [sports betting](https://blablasell.com/read-blog/11928_best-u-s-sports-betting-sites-amp-sportsbooks-for-2024.html), which is the remit of the FSA.
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"The overwhelming bulk of [sports betting](https://kiigasofthub.com/read-blog/10127_the-ins-and-outs-of-betting-on-the-nfl-draft.html) wagering taking place through UK operators is legal and reasonable," he states.
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"But for some there is the temptation to ... corruptly disrupt the result of a sporting occasion.
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"Such cheating has the prospective to undermine the integrity of a sport, and it also hurts the commercial interests of [sports betting](http://www.vokipedia.de/index.php?title=Benutzer:ShanaNorthmore2) bodies and [sports betting](http://www.engel-und-waisen.de/index.php/Benutzer:MckenzieWager9)."
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The commission has actually established an internal [Sports Betting](https://wooshbit.com/read-blog/18700_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) Intelligence Unit to get and share information to sporting authorities, [sports betting](https://younivix.com/read-blog/29940_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) companies and policing authorities.
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"Since 2007 we have experienced a substantial insight into world of corrupt [sports betting](https://app.theremoteinternship.com/read-blog/25808_how-much-are-americans-spending-on-sports-betting.html) wagering," he says.
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"We will signal [sports betting](https://realmadridperipheral.com/read-blog/6385_things-you-need-to-understand-about-rafting-adventures.html) of our concerns, to help prevent or reduce [unlawful] activity"
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In May 2010, the commission also presented a personal telephone hotline for those with details or suspicions.
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'Vulnerabilities'
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But in a two-and-a-half year duration there has actually been simply one criminal 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 continuous examinations, which much useful info has actually also been passed to [sports betting](http://kitsap.whigdev.com/read-blog/3116_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) authorities.
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He said that where an investigation by a sport governing body was quicker, and more cost efficient, then the commission would consider discontinuing a criminal examination "in favour of letting [sports betting](https://alumni.myra.ac.in/read-blog/148692_missouri-sports-betting-ballot-measure-approved-by-voters.html) governing bodies take the lead".
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Meanwhile, he states a lot of those wanting to cheat the [sports betting](https://www.yourbuyersguide.co.uk/compare-review-oddsjet-de/) industry were knowledgeable about [sports betting](https://miderde.de/index.php?title=Benutzer:AlisiaRasp595) and sporting people, and about wagering operations and the movement of cash.
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"They look for the vulnerabilities of these to help in their enterprises."
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Related web links
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World [sports betting](https://ai.ceo/read-blog/244234_sport-betting-industry-seeks-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
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BLP
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Gambling Commission
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The BBC is not accountable for the material of external sites.
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