commit 9f48c514f0a7e4c59a25c3e5919540fa05272763 Author: michaelaporter Date: Wed Dec 18 10:48:13 2024 +0100 Add Sport Betting Industry Seeks To Protect Itself 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..001aaa3 --- /dev/null +++ b/Sport-Betting-Industry-Seeks-To-Protect-Itself.md @@ -0,0 +1,69 @@ +[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
Sport [sports betting](http://elevarsi.it/wiki/index.php?title=Utente:NormandDeshotel) market looks to safeguard itself
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16 September 2010
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By Bill Wilson
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Business press reporter, BBC News
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[sports betting](https://mediawiki1263.00web.net/index.php/User:ShirleenRobert9) on sport is huge company.
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Sport England approximates the value of spending on sport-related [sports betting](https://social.oneworldonesai.com/read-blog/1715_how-to-play-bet9ja-online.html) 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 estimated ₤ 1bn bet on the World Cup alone in the UK this summertime.
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Meanwhile, German research study company Sport & Markt estimates the total international betting market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://app.theremoteinternship.com/read-blog/25785_for-sports-gambling-to-be-legalised.html).
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But when the integrity of events are hit the gambling market suffers, and revenues are put under risk if consumers 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](http://it-viking.ch/index.php/User:NevilleEager) gambling market now.
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"Not just is it a significant market in world organization, it is one that is now on the front pages of papers."
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Four Pakistan cricketers have actually been questioned by cops over spot-fixing claims associating with a test versus England at Lord's last month.
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Three of these players 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 champion John Higgins was cleared of match-fixing allegations, but was prohibited last week for 6 months for failing 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 greatest online sporting exchanges.
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"If the sport is viewed as truthful, straight and reasonable that is excellent for wagering companies since people will invest money wagering with confidence," he states.
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"If you take the Pakistan allegations, although unrelated to the UK regulated wagering market ... it is not really a favorable story for wagering in the UK.
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"That is since the understanding is that 'cricket is now something we may 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 professionals at a World [sports betting](https://social.japrime.id/read-blog/23456_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) Law Report conference into [sports betting](https://www.sportpassionhub.com/read-blog/1448_the-ins-and-outs-of-betting-on-the-nfl-draft.html) gambling, the focus needs 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 competitors or the referee."
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His organisation represents males and females in 15 [sports betting](https://wooshbit.com/read-blog/18726_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.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 procedures, however that the method to deal with potential concerns around players is also through education.
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Mr Taylor says rules need to be discussed clearly to gamers with clear examples, and by people they respect.
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"Through informing players about [sports betting](https://wiki.dulovic.tech/index.php/User:FrederickMalizia) wagering you enhance stability and that remains in everybody's interest," he adds.
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"If gamers are harder to corrupt then sport will be more difficult to corrupt."
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'Brand damage'
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Matt Johnson, head of regulative legal guidance at the Football Association, concurs.
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"Prevention is much better than remedy, and we also make a point of telling players 'you are going to be captured'."
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"It is vital that sport is straight, and is seen to be directly," he includes.
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"If it loses that then individuals do not desire to bet, that is not in betting companies' interests, and it is not in our interests."
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He stated that as soon as an excellent reputation was lost, the damage to a sport was "enormous".
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FA guidelines indicate gamers are not enabled to bet on a competitors in which they are included.
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Mr Johnson says players have actually to be seen not to be cashing in on any inside understanding, which he says could trigger "brand name damage" to football and its competitions.
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So, even a Second Division player out of the FA Cup in the autumn can not bet on a Manchester United v Chelsea cup final the following spring.
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"We have to overcome to gamers the reputational danger to the video game," he says. "Once confidence has been harmed it is tough 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 control industrial gambling in Great Britain.
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An ex-chief constable of West Midlands police, 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](https://menwiki.men/wiki/User:SEYKathy457) happening through UK operators is legal and fair," he states.
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"But for some there is the temptation to ... corruptly interfere with the result of a sporting occasion.
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"Such unfaithful has the prospective to weaken the stability of a sport, and it also damages the business interests of [sports betting](https://www.vancouverrowingclub.wiki/index.php/User:MerleMckenna91) bodies and [sports betting](https://iuridictum.pecina.cz/w/U%C5%BEivatel:IsidroQuillen) wagering."
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The commission has developed an internal [Sports Betting](https://chateando.net/read-blog/246_for-sports-gambling-to-be-legalised.html) Intelligence Unit to receive and distribute information to sporting authorities, [sports betting](https://cristianoronaldoclub.com/read-blog/10041_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) firms and policing authorities.
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"Since 2007 we have experienced a significant insight into world of corrupt [sports betting](https://genzkenya.co.ke/read-blog/86_how-to-play-bet9ja-online.html)," he says.
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"We will notify [sports betting](https://gamehiker.com/wiki/index.php/User:OliveCarrigan84) of our concerns, to help avoid or reduce [unlawful] activity"
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In May 2010, the commission also introduced a confidential 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 actually been simply one prosecution, a 24-year-old man who was warned for cheating in relation to greyhound racing.
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However, Mr Tofiluk says there are still 8 ongoing investigations, which much helpful info has actually also been passed to [sports betting](http://wiki.die-karte-bitte.de/index.php/Benutzer_Diskussion:Matilda3975) authorities.
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He stated that where an investigation by a sport governing body was quicker, and more cost effective, then the commission would think about discontinuing a criminal examination "in favour of letting [sports betting](https://pipewiki.org/wiki/index.php/User:JasonBarnet5) governing bodies take the lead".
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Meanwhile, he says a lot of those aiming to cheat the [sports betting](https://squishmallowswiki.com/index.php/User:LawerenceVillare) market were experienced about [sports betting](https://lifefriendsurance.com/sweepstakes-casino-controversy-and-celebrities-all-important-role-2/) and sporting individuals, and about wagering operations and the movement of cash.
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"They look for out the vulnerabilities of these to help in their business."
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Related web links
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World [sports betting](https://squishmallowswiki.com/index.php/User:BelleByrne79) 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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