From fd1b9cc28997d4276f04ee53195dec87e38a5aea Mon Sep 17 00:00:00 2001 From: Crystal Choi Date: Thu, 16 Jan 2025 00:10:33 +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..79ac7f1 --- /dev/null +++ b/Sport-Betting-Industry-Seeks-To-Protect-Itself.md @@ -0,0 +1,68 @@ +
Sport wagering industry aims to safeguard itself
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16 September 2010
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By Bill Wilson
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
Business reporter, BBC News
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[sports betting](https://nubiantalk.site/read-blog/12415_best-u-s-sports-betting-sites-amp-sportsbooks-for-2024.html) on sport is big company.
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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 most likely to have grown further, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summertime.
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Meanwhile, German research study company Sport & Markt approximates the total worldwide gambling market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://social.updum.com/read-blog/229_how-to-play-bet9ja-online.html) gambling.
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But when the integrity of events are hit the [sports betting](https://www.sportfansunite.com/read-blog/289_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) industry suffers, and earnings are put under risk if consumers can not bet with confidence.
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And there can have been few higher-profile sport [sports betting](https://afrocinema.org/read-blog/44850_how-are-betting-odds-calculated.html) stories than those affecting 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://palkwall.com/read-blog/27710_for-sports-gambling-to-be-legalised.html) gambling market now.
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"Not only 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 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 gamers have said they will likewise challenge the corruption charges mounted 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 banned recently for six months for stopping working to report the illegal approach to him to toss frames.
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There are also 2 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 fair that is great for betting firms because individuals will spend money [sports betting](http://stotep.com/read-blog/3919_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) with self-confidence," he says.
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"If you take the Pakistan accusations, although unrelated to the UK regulated [sports betting](https://cozwo.com/read-blog/8809_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) market ... it is not truly a positive story for [sports betting](https://flowsocial.xyz/read-blog/586_for-sports-gambling-to-be-legalised.html) in the UK.
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"That is due to the fact that the perception is that 'cricket is now something we might have to take care 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 experts at a World [sports betting](http://www.seferpanim.com/read-blog/351_things-you-need-to-learn-about-rafting-adventures.html) Law Report conference into [sports betting](http://bedfordfalls.live/read-blog/113765_missouri-sports-betting-ballot-measure-approved-by-voters.html) gambling, the focus needs to be on sportspersons and sportswomen.
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As Simon Taylor of the Professional Players' Federation explains: "The only individuals 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://social.stssconstruction.com/read-blog/21573_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.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 merely have deterrents, sanctions and disciplinary treatments, but that the method to deal with possible concerns around gamers is also through education.
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Mr Taylor states guidelines need to be explained plainly to gamers with clear examples, and by individuals they respect.
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"Through informing gamers about [sports betting](https://sensualmarketplace.com/read-blog/6442_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) wagering you strengthen integrity which is in everyone's interest," he includes.
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"If players 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 regulative legal advice at the Football Association, agrees.
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"Prevention is much better than treatment, and we also make a point of telling players 'you are going to be caught'."
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"It is imperative that sport is directly, and is seen to be straight," he includes.
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"If it loses that then people do not wish to wager, that is not in gaming firms' interests, and it is not in our interests."
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He stated that when a good track record was lost, the damage to a sport was "incalculable".
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FA rules suggest players are not allowed to bank 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 states 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 get over to players the reputational danger to the video game," he says. "Once self-confidence has actually 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 perhaps 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 commercial gaming in Great Britain.
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An ex-chief constable of West Midlands cops, Mr Tofiluk has obligation for policing all [sports betting](https://lets.chchat.me/read-blog/1981_for-sports-gambling-to-be-legalised.html) in the UK apart from spread [sports betting](https://social.oneworldonesai.com/read-blog/1695_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html), which is the remit of the FSA.
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"The overwhelming bulk of [sports betting](https://gigen.net/read-blog/10_online-betting-firms-gamble-on-soccer-mad-nigeria.html) 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 hinder the outcome of a sporting occasion.
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"Such cheating has the possible to weaken the integrity of a sport, and it also hurts the business interests of [sports betting](https://sportify.brandnitions.com/read-blog/37_just-how-much-are-americans-spending-on-sports-betting.html) bodies and [sports betting](https://sportysocialspace.com/read-blog/12012_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://bexopro.com/read-blog/2809_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) Intelligence Unit to receive and distribute details to sporting authorities, [sports betting](https://peekz.eu/read-blog/240_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) firms and policing authorities.
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"Since 2007 we have actually experienced a substantial insight into world of corrupt [sports betting](https://bexopro.com/read-blog/2878_for-sports-gambling-to-be-legalised.html) wagering," he says.
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"We will alert [sports betting](http://www.larsaluarna.se/index.php/User:RoseannaStuckey) of our concerns, to assist avoid or cut [prohibited] activity"
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In May 2010, the commission likewise presented a personal 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 just one prosecution, a 24-year-old guy who was cautioned for cheating in relation to greyhound racing.
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However, Mr Tofiluk states there are still eight ongoing investigations, and that much helpful information has also been passed to [sports betting](https://sundaycareers.com/read-blog/2763_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) authorities.
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He said that where an examination by a sport governing body was quicker, and more cost reliable, then the commission would consider stopping a criminal examination "in favour of letting [sports betting](https://octomo.co.uk/read-blog/6496_online-betting-firms-gamble-on-soccer-mad-nigeria.html) governing bodies take the lead".
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Meanwhile, he states much of those seeking to cheat the [sports betting](https://parentingliteracy.com/wiki/index.php/User:RichTroupe21) industry were experienced about [sports betting](https://loveyou.az/read-blog/20091_sport-betting-industry-aims-to-protect-itself.html) and sporting people, and about [sports betting](https://tartar.app/read-blog/1635_how-to-play-bet9ja-online.html) operations and the motion of cash.
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"They look for the vulnerabilities of these to assist in their enterprises."
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Related internet links
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World [sports betting](https://naijamatta.com/read-blog/35013_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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