From b87225860fd0a13b9c3d81ac18dfcc9d39213efe Mon Sep 17 00:00:00 2001 From: zelmanyo266997 Date: Mon, 30 Dec 2024 20:02:48 +0000 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..f7e49da --- /dev/null +++ b/Sport-Betting-Industry-Wants-To-Protect-Itself.md @@ -0,0 +1,68 @@ +
Sport [sports betting](http://www.seferpanim.com/read-blog/365_online-betting-firms-gamble-on-soccer-mad-nigeria.html) industry seeks 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://gamehiker.com/wiki/index.php/User:RoseannaBergstro) on sport is huge business.
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Sport England approximates the worth of spending 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 grown further, with an ₤ 1bn bet on the World Cup alone in the UK this summer.
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Meanwhile, German research firm Sport & Markt estimates the total international gaming market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://pittsburghpenguinsclub.com/read-blog/11628_things-you-need-to-learn-about-rafting-adventures.html) gaming.
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But when the stability of events are hit the [sports betting](https://ozoms.com/read-blog/10550_the-ins-and-outs-of-betting-on-the-nfl-draft.html) market suffers, and profits are put under threat if customers can not bet with confidence.
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And there can have been few higher-profile sport [sports betting](http://famedoot.in/read-blog/104_how-much-are-americans-spending-on-sports-betting.html) 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://oeclub.org/index.php/User:MalorieGriffin9) market now.
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"Not only is it a significant market in world company, 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 accusations relating to a test versus 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 against 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 allegations, however was prohibited last week for 6 months for failing to report the prohibited approach to him to throw frames.
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There are also two 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, among the UK's greatest online sporting exchanges.
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"If the sport is viewed as truthful, straight and reasonable that is good for wagering companies due to the fact that individuals will invest money wagering with self-confidence," he states.
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"If you take the Pakistan claims, although unrelated to the UK managed wagering market ... it is not really a positive story for [sports betting](http://woorichat.com/read-blog/10281_for-sports-gambling-to-be-legalised.html) in the UK.
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"That is because the perception is that 'cricket is now something we may have to be mindful 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://tartar.app/read-blog/1730_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) Law Report conference into [sports betting](https://wavedream.wiki/index.php/User:PatriciaLindrum), the focus has to be on sportsmen and sportswomen.
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As Simon Taylor of the Professional Players' Federation explains: "The only individuals 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://seenoor.com/read-blog/442_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.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 insufficient to simply have deterrents, sanctions and disciplinary procedures, however that the method to deal with prospective concerns around gamers is likewise through education.
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Mr Taylor says rules need to be explained plainly to players with clear examples, and by individuals they appreciate.
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"Through educating gamers about [sports betting](https://globalabout.com/read-blog/16951_why-every-cricket-fan-should-try-the-all-cricket-id-gaming-platform.html) you enhance stability and that is in everyone's interest," he adds.
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"If gamers are more difficult to corrupt then sport will be more difficult to corrupt."
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'Brand damage'
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Matt Johnson, head of regulatory legal advice at the Football Association, concurs.
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"Prevention is much better than cure, and we likewise 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 straight," he includes.
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"If it loses that then individuals do not desire to wager, that is not in gaming firms' interests, and it is not in our interests."
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He said that as soon as a great [reputation](https://wow.t-mobility.co.il/read-blog/18_just-how-much-are-americans-investing-in-sports-betting.html) was lost, the damage to a sport was "incalculable".
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FA rules indicate gamers are not permitted to wager on a competition in which they are involved.
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Mr Johnson states players need to be seen not to be capitalizing any inside knowledge, which he states could trigger "brand name damage" to football and its competitions.
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So, even a Second Division player knocked out of the FA Cup in the autumn can not bank on a Manchester United v Chelsea cup last the following spring.
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"We need to overcome to gamers the reputational threat to the video game," he says. "Once confidence has actually been harmed it is difficult to get it back - mud sticks."
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'Overwhelmingly legal'
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If this represents the "carrot" technique, 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 gaming in Great Britain.
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An ex-chief constable of West Midlands cops, Mr Tofiluk has responsibility for policing all [sports betting](https://southwales.com/read-blog/304_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) 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://www.vokipedia.de/index.php?title=Benutzer:DarbyBarksdale0) wagering taking place through UK operators is legal and reasonable," he says.
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"But for some there is the temptation to ... corruptly disrupt the outcome of a sporting event.
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"Such cheating has the possible to weaken the integrity of a sport, and it likewise hurts the industrial interests of [sports betting](https://clik.social/read-blog/19237_things-you-need-to-know-about-rafting-adventures.html) bodies and [sports betting](https://namesdev.com/read-blog/15191_for-sports-gambling-to-be-legalised.html) wagering."
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The commission has developed an internal [Sports Betting](https://tartar.app/read-blog/1669_things-you-need-to-understand-about-rafting-adventures.html) Intelligence Unit to get and disseminate details to sporting authorities, [sports betting](https://youslade.com/read-blog/41398_enhance-your-business-opportunities-with-efficient-sports-apps.html) companies and policing authorities.
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"Since 2007 we have actually experienced a considerable insight into world of corrupt [sports betting](https://namesdev.com/read-blog/15191_for-sports-gambling-to-be-legalised.html)," he states.
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"We will signal [sports betting](https://munidigital.iie.cl/wiki/index.php?title=Usuario:EleanoreForde) of our concerns, to help avoid or cut [prohibited] activity"
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In May 2010, the commission likewise introduced a private 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 period there has been simply one prosecution, a 24-year-old man who was cautioned for cheating in relation to greyhound racing.
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However, Mr Tofiluk states there are still eight ongoing examinations, and that much helpful info has also been passed to [sports betting](https://wiki.vifm.info/index.php/User:DannieSmyth5774) authorities.
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He said that where an examination by a sport governing body was quicker, and more cost efficient, then the commission would consider terminating a criminal investigation "in favour of letting [sports betting](http://www.seferpanim.com/read-blog/388_for-sports-gambling-to-be-legalised.html) governing bodies take the lead".
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Meanwhile, he says much of those seeking to cheat the [sports betting](https://heyplacego.com/read-blog/211_compare-amp-review-oddsjet-de.html) wagering market were well-informed about [sports betting](https://cheere.org/read-blog/36304_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) and sporting individuals, 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://www.proathletediscuss.com/read-blog/431_things-you-need-to-learn-about-rafting-adventures.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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