From 4c6ba811a331e23c79ce380d1e46df60f59b7bdb Mon Sep 17 00:00:00 2001 From: averyquinn2257 Date: Thu, 2 Jan 2025 00:49:11 +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..d701ce0 --- /dev/null +++ b/Sport-Betting-Industry-Seeks-To-Protect-Itself.md @@ -0,0 +1,68 @@ +
Sport [sports betting](https://social.mirrororg.com/read-blog/7681_just-how-much-are-americans-spending-on-sports-betting.html) market seeks to protect 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://drapia.org/11-WIKI/index.php/User:HeidiDymock47) on sport is huge service.
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Sport England approximates the value of spending on sport-related gambling 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 approximated ₤ 1bn bet on the World Cup alone in the UK this summertime.
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Meanwhile, German research study company Sport & Markt estimates the total worldwide gaming market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://demo.wowonderstudio.com/read-blog/2604_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) gaming.
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But when the stability of events are hit the gambling industry suffers, and earnings are put under risk if clients can not bet with self-confidence.
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And there can have been few higher-profile sport [sports betting](https://nbc.co.uk/read-blog/116_for-sports-gambling-to-be-legalised.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 speak about the [sports betting](http://it-viking.ch/index.php/User:MargartMillican) market now.
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"Not just is it a substantial market in world service, it is one that is now on the front pages of newspapers."
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Four Pakistan cricketers have been questioned by police over spot-fixing accusations connecting to a test against England at Lord's last month.
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Three of these players have actually said 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 claims, however was prohibited recently for six months for failing to report the illegal technique to him to throw frames.
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There are also 2 other continuing investigations - unrelated to Mr Higgins - into snooker.
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
'Honest'
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David O'Reilly is legal counsel for Betfair, one of the UK's biggest online sporting exchanges.
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"If the sport is viewed as truthful, straight and reasonable that is excellent for [sports betting](https://www.heesah.com/read-blog/2217_why-every-cricket-fan-need-to-try-the-all-cricket-id-gaming-platform.html) companies due to the fact that individuals will spend money [sports betting](https://onetable.world/read-blog/103194_online-betting-firms-gamble-on-soccer-mad-nigeria.html) with self-confidence," he states.
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"If you take the Pakistan claims, although unassociated to the UK controlled [sports betting](https://realhindu.in/read-blog/21499_enhance-your-business-opportunities-with-efficient-sports-apps.html) industry ... it is not truly a favorable story for [sports betting](https://parentingliteracy.com/wiki/index.php/User:KiaSchirmeister) in the UK.
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"That is due to the fact that the understanding is that 'cricket is now something we may need 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 specialists at a World [sports betting](http://famedoot.in/read-blog/84_for-sports-gambling-to-be-legalised.html) Law Report conference into [sports betting](http://energymarine.net/?option=com_k2&view=itemlist&task=user&id=1187990), the focus has to be on sportsmen 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 competitors or the referee."
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His organisation represents males and females in 15 [sports betting](https://social.japrime.id/read-blog/23472_uk-betting-firms-gamble-on-us-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 inadequate to merely have deterrents, sanctions and disciplinary procedures, but that the method to take on potential concerns around players is likewise through education.
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Mr Taylor says rules need to be explained clearly to gamers with clear examples, and by individuals they appreciate.
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"Through informing gamers about [sports betting](https://gayplatform.de/read-blog/3765_for-sports-gambling-to-be-legalised.html) you enhance stability and that remains in everybody'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 regulative legal guidance at the Football Association, agrees.
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"Prevention is much better than treatment, and we likewise make a point of telling gamers '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 don't wish to wager, that is not in gambling firms' 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 "enormous".
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FA guidelines imply players are not permitted to bank on a competition in which they are included.
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Mr Johnson says players have actually to be seen not to be capitalizing any inside understanding, which he states could "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 bet on a Manchester United v Chelsea cup last the following spring.
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"We need to overcome to players the reputational risk to the game," he says. "Once self-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" method, then maybe Nick Tofiluk, director of policy at the Gambling Commission, represents the "stick".
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The Gambling Commission was set up under the Gambling Act 2005 to regulate industrial gaming in Great Britain.
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An ex-chief constable of West Midlands police, Mr Tofiluk has duty for policing all [sports betting](https://devnew.judefly.com/index.php?link1=read-blog&id=3248_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) in the UK apart from spread [sports betting](https://social.midnightdreamsreborns.com/read-blog/13189_the-ins-and-outs-of-betting-on-the-nfl-draft.html), which is the remit of the FSA.
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"The overwhelming majority of [sports betting](https://rhabits.io/read-blog/7580_how-fantasy-betting-app-development-companies-and-sports-developers.html) 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 event.
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"Such cheating has the prospective to weaken the integrity of a sport, and it also damages the business interests of [sports betting](https://wo.linyway.com/read-blog/1760_why-every-cricket-fan-must-try-the-all-cricket-id-gaming-platform.html) bodies and [sports betting](https://uconnect.ae/read-blog/173434_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html)."
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The commission has actually established an internal [Sports Betting](https://comunidadebrasilbr.com/read-blog/14356_the-ins-and-outs-of-betting-on-the-nfl-draft.html) Intelligence Unit to receive and distribute information to sporting authorities, wagering firms and policing authorities.
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"Since 2007 we have actually experienced a considerable insight into world of corrupt [sports betting](http://www.vokipedia.de/index.php?title=Benutzer:WilfordGebhardt)," he states.
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"We will signal [sports betting](https://namesdev.com/read-blog/15242_compare-amp-review-oddsjet-de.html) of our issues, to assist avoid or curtail [illegal] activity"
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In May 2010, the commission also presented 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 just one criminal prosecution, a 24-year-old male who was warned for cheating in relation to greyhound racing.
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However, Mr Tofiluk states there are still 8 continuous investigations, which much beneficial information has actually also been passed to [sports betting](http://yijichain.com/read-blog/15174_sport-betting-industry-wants-to-protect-itself.html) authorities.
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He stated that where an examination by a sport governing body was quicker, and more expense efficient, then the commission would consider ceasing a criminal examination "in favour of letting [sports betting](https://pittsburghpenguinsclub.com/read-blog/11520_why-every-cricket-fan-ought-to-try-the-all-cricket-id-gaming-platform.html) governing bodies take the lead".
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Meanwhile, he says numerous of those wanting to cheat the [sports betting](https://social.mirrororg.com/read-blog/7656_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) wagering industry were experienced about [sports betting](https://philadelphiaflyersclub.com/read-blog/8411_how-fantasy-betting-app-development-companies-and-sports-developers.html) and sporting individuals, and about wagering operations and the movement of cash.
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"They seek out the vulnerabilities of these to assist in their business."
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Related web links
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World [sports betting](http://it-viking.ch/index.php/User:TerrenceSouthard) Law Report
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ICC
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Professional Players Federation
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
Professional Footballers' Association
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The FA
[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG) +
Betfair
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Sport & Markt
[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG) +
BLP
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Gambling Commission
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