commit bf60cf3f3222c6369d951c2eccc45a42aa546f1c Author: pipersewell12 Date: Mon Dec 30 20:45:18 2024 +0000 Add Sport Betting Industry Wants To Protect Itself diff --git a/Sport-Betting-Industry-Wants-To-Protect-Itself.md b/Sport-Betting-Industry-Wants-To-Protect-Itself.md new file mode 100644 index 0000000..a66ac6e --- /dev/null +++ b/Sport-Betting-Industry-Wants-To-Protect-Itself.md @@ -0,0 +1,69 @@ +[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
Sport betting industry looks 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://chateando.net/read-blog/217_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.html) on sport is big organization.
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Sport England estimates the value of spending 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 most likely to have grown even more, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summer.
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Meanwhile, German research study firm Sport & Markt approximates the general worldwide gaming market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://www.tobeop.com/warner-bros-discovery-sets-stage-for-potential-cable-deal-by/) gaming.
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But when the integrity of events are hit the gaming market suffers, and incomes are put under threat if consumers can not bet with 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 speak about the [sports betting](https://bytes-the-dust.com/index.php/User:Joanne00U00530) gambling market now.
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"Not just is it a significant market in world company, 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 relating to a test against England at Lord's last month.
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Three of these gamers have actually said they will also 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 allegations, however was prohibited last week for 6 months for failing to report the illegal method to him to throw frames.
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There are also 2 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, among the UK's biggest online sporting exchanges.
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"If the sport is viewed as honest, straight and fair that is great for wagering companies due to the fact that individuals will invest money [sports betting](https://wiki.vifm.info/index.php/User:BerndLevey) with confidence," he states.
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"If you take the Pakistan allegations, although unrelated to the UK regulated wagering market ... it is not actually a favorable story for wagering in the UK.
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"That is because the perception is that 'cricket is now something we may 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 specialists at a World [sports betting](https://gamehiker.com/wiki/index.php/User:MarinaPack253) Law Report conference into [sports betting](https://www.grandtribunal.org/wiki/User:JoseCho48049165) gambling, the focus needs 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://d9talks.site/read-blog/1241_online-betting-firms-gamble-on-soccer-mad-nigeria.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 take on potential problems around players is also through education.
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Mr Taylor says rules require to be discussed clearly to players with clear examples, and by people they appreciate.
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"Through educating gamers about [sports betting](https://www.grandtribunal.org/wiki/User:Roderick60C) you enhance integrity which 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 regulatory legal suggestions at the Football Association, agrees.
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"Prevention is much better than treatment, and we also make a point of informing gamers 'you are going to be caught'."
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"It is vital that sport is directly, and is seen to be directly," he adds.
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"If it loses that then individuals don't want 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 good reputation was lost, the damage to a sport was "incalculable".
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FA guidelines mean players are not enabled to bet on a competition in which they are included.
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Mr Johnson says players need to be seen not to be capitalizing any inside understanding, which he says might 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 autumn can not bank on a Manchester United v final the following spring.
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"We have to overcome to players the reputational danger to the video game," he says. "Once self-confidence has been damaged it is hard to get it back - mud sticks."
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'Overwhelmingly legal'
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If this represents the "carrot" approach, then perhaps 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 regulate business [sports betting](https://tartar.app/read-blog/1730_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) in Great Britain.
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An ex-chief constable of West Midlands cops, Mr Tofiluk has duty for policing all [sports betting](https://mediawiki1263.00web.net/index.php/User:LeonorSavery00) in the UK apart from spread betting, which is the remit of the FSA.
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"The overwhelming majority of [sports betting](https://connectingsparks.com/read-blog/25122_why-every-cricket-fan-need-to-try-the-all-cricket-id-gaming-platform.html) happening through UK operators is legal and fair," he says.
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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 stability of a sport, and it likewise damages the industrial interests of [sports betting](http://ccrr.ru/read-blog/20847_the-history-of-the-nfl-and-how-to-bet-on-it.html) bodies and [sports betting](https://oolibuzz.com/read-blog/41714_sport-betting-industry-wants-to-protect-itself.html) wagering."
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The commission has actually established an in-house [Sports Betting](https://pittsburghpenguinsclub.com/read-blog/11661_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) Intelligence Unit to receive and distribute info to sporting authorities, betting firms and policing authorities.
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"Since 2007 we have actually experienced a significant insight into world of corrupt [sports betting](https://jamboz.com/read-blog/139_how-much-are-americans-investing-in-sports-betting.html) wagering," he says.
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"We will inform [sports betting](https://embargo.energy/index.php/User:ShaniMileham33) of our concerns, to help prevent or cut [illegal] activity"
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In May 2010, the commission also 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 simply one prosecution, a 24-year-old man who was cautioned for cheating in relation to greyhound racing.
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However, Mr Tofiluk says there are still eight ongoing examinations, and that much useful details has actually likewise been passed to [sports betting](https://www.amedaychats.com/read-blog/743_how-to-play-bet9ja-online.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 discontinuing a criminal investigation "in favour of letting [sports betting](https://forum.webmark.com.tr/index.php?qa=60802&qa_1=for-sports-gambling-to-be-legalised) governing bodies take the lead".
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Meanwhile, he says much of those seeking to cheat the [sports betting](https://realhindu.in/read-blog/21475_sport-betting-industry-wants-to-protect-itself.html) industry were educated about [sports betting](https://aceme.ink/read-blog/1665_how-to-play-bet9ja-online.html) and sporting individuals, and about wagering operations and the movement of cash.
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"They look for out the vulnerabilities of these to help in their enterprises."
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Related internet links
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World [sports betting](https://wow.twinear.com/read-blog/980_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.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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The BBC is not responsible for the material of external websites.
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