From 8cfc4b95674ca1ec9550f1d1c01b3107fb54cb7b Mon Sep 17 00:00:00 2001 From: rosalynsulliva Date: Wed, 1 Jan 2025 23:47:16 +0800 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..d9326de --- /dev/null +++ b/Sport-Betting-Industry-Seeks-To-Protect-Itself.md @@ -0,0 +1,68 @@ +[bet9ja.com](https://landing.bet9ja.com/aviator-bet9ja?btag=yohaig&promocode=yohaig)
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 press reporter, BBC News
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[sports betting](https://mybuddis.com/read-blog/90_how-are-betting-odds-calculated.html) on sport is substantial service.
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Sport England estimates the worth of on sport-related gaming 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 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 firm Sport & Markt estimates the total global [sports betting](https://ozgurtasdemir.net/read-blog/520_things-you-need-to-learn-about-rafting-adventures.html) market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](http://www.vmeste-so-vsemi.ru/wiki/%D0%A3%D1%87%D0%B0%D1%81%D1%82%D0%BD%D0%B8%D0%BA:MitchellBarringe) gaming.
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But when the integrity of occasions are struck the gaming market suffers, and profits are put under hazard if consumers can not bet with self-confidence.
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And there can have been couple of 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](http://www.mizmiz.de/read-blog/83373_just-how-much-are-americans-spending-on-sports-betting.html) gambling market now.
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"Not just is it a significant market in world service, it is one that is now on the front pages of newspapers."
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Four Pakistan cricketers have actually been questioned by authorities 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 likewise 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 accusations, but was banned recently for 6 months for failing to report the illegal method to him to throw frames.
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There are likewise two other continuing examinations - not associated 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 greatest online sporting exchanges.
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"If the sport is viewed as sincere, straight and reasonable that is excellent for wagering firms due to the fact that individuals will spend cash betting with confidence," he says.
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"If you take the Pakistan allegations, although unrelated to the UK managed [sports betting](https://encone.com/read-blog/46274_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) industry ... it is not really a favorable story for wagering in the UK.
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"That is due to the fact that the understanding is that 'cricket is now something we might have 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 experts at a World [sports betting](https://energypowerworld.co.uk/read-blog/144495_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) Law Report conference into [sports betting](https://santosfcfansclub.com/read-blog/7622_how-to-play-bet9ja-online.html), the focus needs to be on sportsmen and sportswomen.
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As Simon Taylor of the Professional Players' Federation points out: "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://jamboz.com/read-blog/341_things-you-need-to-understand-about-rafting-adventures.html) in the UK, being an umbrella organisation for all gamer organisations, such as the Professional Footballers' Association.
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He believes that it is inadequate to simply have deterrents, sanctions and disciplinary procedures, but that the method to tackle prospective problems around gamers is likewise through education.
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Mr Taylor says guidelines need to be described clearly to players with clear examples, and by people they appreciate.
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"Through informing players about [sports betting](https://jamboz.com/read-blog/327_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) wagering you enhance integrity and that is in everybody's interest," he includes.
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"If players are harder to corrupt then sport will be harder to corrupt."
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'Brand damage'
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Matt Johnson, head of regulatory legal advice at the Football Association, agrees.
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"Prevention is better than cure, and we likewise make a point of telling players 'you are going to be captured'."
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"It is necessary that sport is directly, and is seen to be straight," he adds.
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"If it loses that then people don't desire to bet, that is not in gaming companies' interests, and it is not in our interests."
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He stated that once a great reputation was lost, the damage to a sport was "incalculable".
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FA guidelines mean players 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 understanding, which he says 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 bank on a Manchester United v Chelsea cup last the following spring.
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"We need to get over to gamers the reputational risk to the game," he says. "Once 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 possibly Nick Tofiluk, director of regulation at the Gambling Commission, represents the "stick".
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The Gambling Commission was set up under the Gambling Act 2005 to control business gaming in Great Britain.
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An ex-chief constable of West Midlands authorities, Mr Tofiluk has duty for policing all wagering in the UK apart from spread [sports betting](https://fishtanklive.wiki/User:EmanuelDecicco0), which is the remit of the FSA.
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"The frustrating bulk of [sports betting](https://forum.petstory.ge/read-blog/3555_for-sports-gambling-to-be-legalised.html) wagering taking place through UK operators is legal and fair," 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 potential to undermine the integrity of a sport, and it likewise damages the commercial interests of [sports betting](https://jamesrodriguezclub.com/read-blog/6197_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) bodies and [sports betting](http://ringturbine.com:80/index.php/User:BeatrizWolken)."
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The commission has established an internal [Sports Betting](https://doomelang.com/read-blog/53256_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) Intelligence Unit to get and disseminate info to sporting authorities, betting companies and policing authorities.
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"Since 2007 we have actually experienced a significant insight into world of corrupt [sports betting](https://ai.ceo/read-blog/245142_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) wagering," he says.
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"We will notify [sports betting](https://wiki.rrtn.org/wiki/index.php/User:BettyeS35356) of our concerns, to assist prevent or curtail [prohibited] 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 duration there has been simply one criminal 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 investigations, which much beneficial information has also been passed to [sports betting](https://timeoftheworld.date/wiki/User:HildredBodin) authorities.
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He said that where an investigation by a sport governing body was quicker, and more expense effective, then the commission would consider ceasing a criminal investigation "in favour of letting [sports betting](https://nexthub.live/read-blog/116_sport-betting-industry-wants-to-protect-itself.html) governing bodies take the lead".
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Meanwhile, he states much of those seeking to cheat the [sports betting](https://netgork.com/read-blog/111615_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) market were educated about [sports betting](https://bundas24.com/read-blog/180656_things-you-need-to-know-about-rafting-adventures.html) and sporting people, and about wagering operations and the motion of money.
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"They look for out the vulnerabilities of these to assist in their business."
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Related web links
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World [sports betting](https://d9talks.site/read-blog/1498_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.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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