From e8e80f4efbda4463524b970ad9c287f45b258551 Mon Sep 17 00:00:00 2001 From: Roseanne Yancey Date: Thu, 16 Jan 2025 05:33:49 +0800 Subject: [PATCH] Add Sport Betting Industry Wants To Protect Itself --- ...etting-Industry-Wants-To-Protect-Itself.md | 68 +++++++++++++++++++ 1 file changed, 68 insertions(+) create mode 100644 Sport-Betting-Industry-Wants-To-Protect-Itself.md 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..65534b6 --- /dev/null +++ b/Sport-Betting-Industry-Wants-To-Protect-Itself.md @@ -0,0 +1,68 @@ +[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
Sport [sports betting](https://unitedstatesofbiafra.com/read-blog/56_just-how-much-are-americans-investing-in-sports-betting.html) industry wants to protect itself
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16 September 2010
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By Bill Wilson
[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG) +
Business reporter, BBC News
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Betting on sport is huge company.
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Sport England approximates the worth of spending on sport-related betting 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 further, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summertime.
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Meanwhile, German research study firm Sport & Markt approximates the general international betting market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://twoplustwoequal.com/read-blog/58977_the-history-of-the-nfl-and-how-to-bank-on-it.html) gaming.
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But when the stability of events are hit the [sports betting](https://sportstalkhub.com/read-blog/21390_why-every-cricket-fan-ought-to-try-the-all-cricket-id-gaming-platform.html) market suffers, and earnings are put under danger if customers can not bet with confidence.
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And there can have been couple of higher-profile sport [sports betting](https://gigen.net/read-blog/10_online-betting-firms-gamble-on-soccer-mad-nigeria.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 talks about the [sports betting](https://doum.cn/read-blog/2062_why-every-cricket-fan-need-to-try-the-all-cricket-id-gaming-platform.html) gambling market now.
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"Not just is it a considerable market in world business, 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 claims associating with a test against England at Lord's last month.
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Three of these players have stated 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 accusations, but was prohibited recently for 6 months for failing to report the unlawful technique to him to throw frames.
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There are likewise 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, one of the UK's biggest online sporting exchanges.
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"If the sport is viewed as sincere, straight and reasonable that benefits betting firms due to the fact that people will invest cash wagering with confidence," he states.
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"If you take the Pakistan allegations, although unrelated to the UK managed [sports betting](https://wiki.insidertoday.org/index.php/User:LasonyaBrannon4) industry ... it is not truly a favorable story for wagering in the UK.
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"That is since 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 prevent future scandals?
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According to specialists at a World [sports betting](https://lovn1world.com/read-blog/2418_enhance-your-business-opportunities-with-efficient-sports-apps.html) Law Report conference into [sports betting](http://www.seferpanim.com/read-blog/351_things-you-need-to-learn-about-rafting-adventures.html) gambling, the focus has to be on sportspersons and sportswomen.
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As Simon Taylor of the Professional Players' Federation mentions: "The only people who can repair a match are the rivals or the referee."
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His organisation represents men and ladies in 15 [sports betting](http://flexchar.com/index.php?link1=read-blog&id=333_how-much-are-americans-spending-on-sports-betting.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 not enough to simply have deterrents, sanctions and disciplinary procedures, but that the method to deal with potential problems around players is also through education.
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Mr Taylor says rules need to be discussed plainly to players with clear examples, and by they respect.
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"Through educating gamers about [sports betting](https://www.matesroom.com/read-blog/1252_just-how-much-are-americans-investing-in-sports-betting.html) you reinforce integrity and that remains in everybody's interest," he adds.
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"If gamers are more difficult 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 recommendations at the Football Association, concurs.
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"Prevention is better than treatment, and we likewise make a point of informing players 'you are going to be caught'."
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"It is vital 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 bet, that is not in gaming firms' interests, and it is not in our interests."
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He said that once a great reputation was lost, the damage to a sport was "incalculable".
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FA guidelines imply players are not allowed to bet on a competitors in which they are involved.
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Mr Johnson states gamers have actually to be seen not to be cashing in on any inside knowledge, which he states could cause "brand name damage" to football and its competitors.
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So, even a Second Division player knocked out of the FA Cup in the autumn can not bank on a Manchester United v Chelsea cup final the following spring.
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"We have to get over to players the reputational threat to the video game," he says. "Once confidence has actually been damaged it is difficult 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 guideline at the Gambling Commission, represents the "stick".
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The Gambling Commission was set up under the Gambling Act 2005 to manage industrial gaming in Great Britain.
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An ex-chief constable of West Midlands authorities, Mr Tofiluk has responsibility for policing all wagering in the UK apart from spread [sports betting](https://uptoscreen.com/read-blog/74267_for-sports-gambling-to-be-legalised.html), which is the remit of the FSA.
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"The frustrating bulk of [sports betting](https://alumni.myra.ac.in/read-blog/148806_sport-betting-industry-looks-to-protect-itself.html) wagering taking location 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 occasion.
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"Such cheating has the possible to weaken the integrity of a sport, and it likewise damages the industrial interests of [sports betting](https://oeclub.org/index.php/User:SofiaGroff4) bodies and [sports betting](https://higgledy-piggledy.xyz/index.php/User:TyreeBridges656)."
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The commission has actually developed an internal [Sports Betting](https://sosmed.almarifah.id/read-blog/1300_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) Intelligence Unit to get and disseminate information to sporting authorities, wagering companies and policing authorities.
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"Since 2007 we have actually experienced a significant insight into world of corrupt [sports betting](https://naijamatta.com/read-blog/35013_things-you-need-to-learn-about-rafting-adventures.html)," he states.
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"We will inform [sports betting](https://www.sportfansunite.com/read-blog/289_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) of our issues, to assist avoid or reduce [prohibited] activity"
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In May 2010, the commission likewise introduced a personal 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 period there has been just one prosecution, a 24-year-old male who was cautioned for cheating in relation to greyhound racing.
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However, Mr Tofiluk states there are still eight ongoing examinations, and that much beneficial info has likewise been passed to [sports betting](https://infosocial.top/read-blog/4009_for-sports-gambling-to-be-legalised.html) authorities.
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He said that where an investigation by a sport governing body was quicker, and more cost effective, then the commission would think about terminating a criminal examination "in favour of letting [sports betting](https://puzzle.thedimeland.com/4154/fantasy-betting-development-companies-sports-developers) governing bodies take the lead".
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Meanwhile, he says a lot of those seeking to cheat the [sports betting](https://younetwork.app/read-blog/8717_how-are-betting-odds-calculated.html) industry were educated about [sports betting](https://pittsburghpenguinsclub.com/read-blog/11694_the-history-of-the-nfl-and-how-to-bet-on-it.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 internet links
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World [sports betting](https://wiki.armello.com/index.php/User:EvelyneBiddlecom) 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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