From 42c526b12ddd1fac055916f75785889e5f35f0b2 Mon Sep 17 00:00:00 2001 From: mamiefisher50 Date: Tue, 31 Dec 2024 10:02:29 +0800 Subject: [PATCH] Add Sport Betting Industry Looks To Protect Itself --- ...etting-Industry-Looks-To-Protect-Itself.md | 68 +++++++++++++++++++ 1 file changed, 68 insertions(+) create mode 100644 Sport-Betting-Industry-Looks-To-Protect-Itself.md diff --git a/Sport-Betting-Industry-Looks-To-Protect-Itself.md b/Sport-Betting-Industry-Looks-To-Protect-Itself.md new file mode 100644 index 0000000..e060dff --- /dev/null +++ b/Sport-Betting-Industry-Looks-To-Protect-Itself.md @@ -0,0 +1,68 @@ +
Sport wagering market looks to secure 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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Betting on sport is huge organization.
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Sport England estimates the worth of spending on sport-related [sports betting](https://netgork.com/read-blog/111615_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.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 further, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summer.
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Meanwhile, German research study firm Sport & Markt estimates the total global [sports betting](https://farmwoo.com/read-blog/9514_just-how-much-are-americans-spending-on-sports-betting.html) market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://connectingsparks.com/read-blog/25122_why-every-cricket-fan-need-to-try-the-all-cricket-id-gaming-platform.html) gaming.
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But when the integrity of events are struck the gambling market suffers, and profits are put under threat if customers can not wager with self-confidence.
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And there can have been few higher-profile sport [sports betting](https://accc.rcec.sinica.edu.tw/mediawiki/index.php?title=User:AlphonseQuam275) 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://si-sudagro.net/cdc-hiruak/index.php?qa=153577&qa_1=fantasy-betting-development-companies-sports-developers) market now.
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"Not only is it a considerable 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 police over spot-fixing allegations connecting to a test versus England at Lord's last month.
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Three of these players have stated they will also challenge the corruption charges mounted 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 unlawful technique to him to throw frames.
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There are also 2 other continuing investigations - 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 perceived as truthful, straight and fair that benefits [sports betting](http://famedoot.in/read-blog/104_how-much-are-americans-spending-on-sports-betting.html) firms because individuals will spend money wagering with self-confidence," he states.
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"If you take the Pakistan allegations, although unassociated to the UK managed [sports betting](http://wiki.faramirfiction.com/index.php?title=User:BriannaRanking) industry ... it is not really a positive story for wagering in the UK.
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"That is because the understanding is that 'cricket is now something we may have to be cautious 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://sensualmarketplace.com/read-blog/6400_the-ins-and-outs-of-betting-on-the-nfl-draft.html) Law Report conference into [sports betting](https://wiki.asexuality.org/w/index.php?title=User_talk:DaciaOms5978493), the focus needs to be on sportspersons 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 guys and women in 15 [sports betting](https://www.proathletediscuss.com/read-blog/408_best-u-s-sports-betting-sites-amp-sportsbooks-for-2024.html) in the UK, being an umbrella organisation for all player organisations, such as the Professional Footballers' Association.
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He believes that it is insufficient to simply have deterrents, sanctions and disciplinary treatments, however that the way to deal with prospective problems around gamers is likewise through education.
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Mr Taylor says rules need to be explained plainly to gamers with clear examples, and by people they respect.
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"Through educating players about [sports betting](https://clik.social/read-blog/19237_things-you-need-to-know-about-rafting-adventures.html) wagering you enhance integrity which remains in everyone's interest," he includes.
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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 guidance at the Football Association, concurs.
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"Prevention is much better than treatment, and we also make a point of informing gamers 'you are going to be captured'."
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"It is important 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 wager, that is not in gaming companies' interests, and it is not in our interests."
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He stated that when a good credibility was lost, the damage to a sport was "enormous".
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FA guidelines suggest players are not enabled to wager on a competition in which they are included.
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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 .
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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 last the following spring.
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"We need to overcome to gamers the reputational danger to the game," he says. "Once self-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" technique, then maybe 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 commercial [sports betting](https://fishtanklive.wiki/User:EstelaUrl6553664) in Great Britain.
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An ex-chief constable of West Midlands authorities, Mr Tofiluk has obligation for policing all [sports betting](https://pittsburghpenguinsclub.com/read-blog/11701_the-ins-and-outs-of-betting-on-the-nfl-draft.html) in the UK apart from spread betting, which is the remit of the FSA.
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"The frustrating bulk of [sports betting](https://munidigital.iie.cl/wiki/index.php?title=Usuario:EleanoreForde) wagering happening through UK operators is legal and reasonable," he says.
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"But for some there is the temptation to ... corruptly interfere with the outcome of a sporting occasion.
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"Such cheating has the potential to weaken the stability of a sport, and it also hurts the commercial interests of [sports betting](https://innovator24.com/read-blog/23442_just-how-much-are-americans-investing-in-sports-betting.html) bodies and [sports betting](http://classicalmusicmp3freedownload.com/ja/index.php?title=%E5%88%A9%E7%94%A8%E8%80%85:ArletteNull30)."
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The commission has developed an in-house [Sports Betting](https://philadelphiaflyersclub.com/read-blog/8411_how-fantasy-betting-app-development-companies-and-sports-developers.html) Intelligence Unit to receive and distribute information to sporting authorities, betting firms and policing authorities.
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"Since 2007 we have experienced a significant insight into world of corrupt [sports betting](https://uconnect.ae/read-blog/166689_how-to-play-bet9ja-online.html)," he states.
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"We will alert [sports betting](https://skylockr.app/read-blog/192_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) of our issues, to assist prevent or reduce [prohibited] activity"
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In May 2010, the commission likewise 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 period there has actually been just one criminal prosecution, a 24-year-old man who was warned for unfaithful in relation to greyhound racing.
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However, Mr Tofiluk states there are still 8 continuous investigations, and that much beneficial details has actually likewise been passed to [sports betting](https://gamehiker.com/wiki/index.php/User:CharlaPrewitt87) 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 discontinuing a criminal examination "in favour of letting [sports betting](https://social.ppmandi.com/read-blog/212_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) governing bodies take the lead".
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Meanwhile, he states a number of those wanting to cheat the [sports betting](https://islider.ru/read-blog/37912_online-betting-firms-gamble-on-soccer-mad-nigeria.html) industry were educated about [sports betting](https://www.sportpassionhub.com/read-blog/1445_the-history-of-the-nfl-and-how-to-bet-on-it.html) and sporting people, and about betting operations and the movement of cash.
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"They seek out the vulnerabilities of these to assist in their enterprises."
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Related web links
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World [sports betting](https://sfqatest.sociofans.com/read-blog/710_things-you-need-to-know-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
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
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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