commit e8d664d8503b4790cca3b8de4f24a76192067527 Author: burtoncongreve Date: Thu Jan 2 07:24:12 2025 +0700 Add Sport Betting Industry Looks To Protect Itself 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..9f4608a --- /dev/null +++ b/Sport-Betting-Industry-Looks-To-Protect-Itself.md @@ -0,0 +1,68 @@ +[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
Sport wagering industry aims 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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[sports betting](https://munidigital.iie.cl/wiki/index.php?title=Usuario:BelindaEnderby) on sport is big organization.
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Sport England estimates 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 estimated ₤ 1bn bet on the World Cup alone in the UK this summer.
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Meanwhile, German research company Sport & Markt approximates the total international [sports betting](https://drapia.org/11-WIKI/index.php/User:JulioAmmons388) market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://aceme.ink/read-blog/1652_start-winning-with-pcg-college-football-picks.html) gaming.
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But when the integrity of events are hit the gambling market suffers, and earnings are put under risk if consumers can not wager with confidence.
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And there can have been few higher-profile sport betting stories than those affecting 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://mediawiki1263.00web.net/index.php/User:Suzanne3238) market now.
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"Not only is it a substantial 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 against England at Lord's last month.
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Three of these players have actually stated 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 champ John Higgins was cleared of match-fixing allegations, however was banned recently for six months for stopping working to report the prohibited approach to him to throw frames.
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There are likewise two 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 sincere, straight and fair that benefits [sports betting](https://wheeoo.com/read-blog/57815_begin-winning-with-pcg-college-football-picks.html) firms because people will spend cash wagering with confidence," he says.
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"If you take the Pakistan allegations, although unassociated to the UK regulated [sports betting](https://nubiantalk.site/read-blog/12416_how-much-are-americans-spending-on-sports-betting.html) industry ... it is not truly a positive story for wagering in the UK.
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"That is due to the fact that the perception is that 'cricket is now something we may need to beware 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 experts at a World [sports betting](https://connectingsparks.com/read-blog/25100_the-ins-and-outs-of-betting-on-the-nfl-draft.html) Law Report conference into [sports betting](https://lixoro.de/read-blog/4077_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html), the focus needs to be on sportspersons and sportswomen.
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As Simon Taylor of the Professional Players' Federation mentions: "The only individuals 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://kenyansocial.com/read-blog/1335_the-history-of-the-nfl-and-how-to-bet-on-it.html) in the UK, being an umbrella organisation for all gamer organisations, such as the Professional Footballers' Association.
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He thinks that it is not sufficient to simply have deterrents, sanctions and disciplinary procedures, but that the way to tackle possible issues around gamers is likewise through education.
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Mr Taylor says guidelines need to be discussed clearly to gamers with clear examples, and by individuals they respect.
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"Through informing players about [sports betting](http://kitsap.whigdev.com/read-blog/3084_why-every-cricket-fan-must-try-the-all-cricket-id-gaming-platform.html) wagering you reinforce stability and that remains in everyone's interest," he adds.
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"If players 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 regulatory legal guidance at the Football Association, agrees.
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"Prevention is much better than cure, and we also make a point of informing gamers 'you are going to be caught'."
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"It is important that sport is directly, and is seen to be straight," he adds.
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"If it loses that then individuals don't desire to wager, that is not in gambling companies' interests, and it is not in our interests."
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He said that as soon as a great reputation was lost, the damage to a sport was "incalculable".
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FA rules imply players are not permitted to bank on a competition in which they are included.
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Mr Johnson states players need to be seen not to be capitalizing any inside understanding, which he states could cause "brand damage" to football and its competitors.
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So, even a 2nd Division player knocked out of the FA Cup in the autumn can not wager on a Manchester United v Chelsea cup final the following spring.
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"We need to overcome to players the reputational threat to the video 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 established under the Gambling Act 2005 to control business betting in Great Britain.
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An ex-chief constable of West Midlands cops, 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 bulk of [sports betting](https://cittaviva.net/read-blog/25093_for-sports-gambling-to-be-legalised.html) wagering taking place through UK operators is legal and fair," he states.
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"But for some there is the temptation to ... corruptly hinder the result of a sporting occasion.
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"Such unfaithful has the prospective to weaken the integrity of a sport, and it also harms the industrial interests of [sports betting](https://www.proathletediscuss.com/read-blog/450_online-betting-firms-gamble-on-soccer-mad-nigeria.html) bodies and [sports betting](https://friends.win/read-blog/20704_just-how-much-are-americans-investing-in-sports-betting.html) wagering."
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The commission has actually established an in-house [Sports Betting](https://sotawiki.net/sota/User:AnalisaViles118) Intelligence Unit to get and share details to sporting authorities, wagering firms and policing authorities.
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"Since 2007 we have actually experienced a into world of corrupt [sports betting](https://sabiile.com/read-blog/2144_sport-betting-industry-aims-to-protect-itself.html)," he states.
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"We will signal [sports betting](https://santosfcfansclub.com/read-blog/7617_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.html) of our issues, to help prevent or reduce [illegal] activity"
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In May 2010, the commission likewise introduced a confidential 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 duration there has actually been simply one 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 ongoing examinations, and that much helpful information has likewise been passed to [sports betting](https://twoplustwoequal.com/read-blog/58995_just-how-much-are-americans-investing-in-sports-betting.html) authorities.
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He said that where an examination by a sport governing body was quicker, and more expense effective, then the commission would consider terminating a criminal examination "in favour of letting [sports betting](https://antir.sca.wiki/index.php?title=User_talk:JaredEhret3869) governing bodies take the lead".
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Meanwhile, he states a number of those aiming to cheat the [sports betting](https://forum.subchems.com/read-blog/3829_things-you-need-to-understand-about-rafting-adventures.html) market were experienced about [sports betting](https://social.engagepure.com/read-blog/829_how-to-withdraw-from-bet9ja-8-step-guide-to-money-in-your-wins.html) and sporting individuals, and about [sports betting](https://pittsburghpenguinsclub.com/read-blog/11599_enhance-your-business-opportunities-with-efficient-sports-apps.html) operations and the motion of cash.
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"They seek out the vulnerabilities of these to assist in their business."
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Related internet links
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World [sports betting](https://wiki.vst.hs-furtwangen.de/wiki/User:VedaFaircloth79) 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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