From 364a7d9336650d4df44752723d3d9e2a080ed0bb Mon Sep 17 00:00:00 2001 From: janettedeason1 Date: Tue, 31 Dec 2024 06:35:36 +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..c20e8bc --- /dev/null +++ b/Sport-Betting-Industry-Wants-To-Protect-Itself.md @@ -0,0 +1,68 @@ +
Sport [sports betting](https://wiki.snooze-hotelsoftware.de/index.php?title=Benutzer:ShaunDuesbury58) industry aims to protect 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://surgiteams.com/index.php/User:GertrudeFishman) on sport is big business.
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Sport England approximates the value 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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Which figure is likely to have actually grown even more, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summer.
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Meanwhile, German research study company Sport & Markt estimates the total worldwide gambling market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://projectblueberryserver.com/index.php/User:ValenciaLavallee) gaming.
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But when the stability of events are hit the gaming industry suffers, and earnings are put under hazard if clients can not bet with self-confidence.
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And there can have been couple of higher-profile sport wagering 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://farmwoo.com/read-blog/9556_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) gambling market now.
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"Not only is it a substantial market in world business, 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 claims connecting 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 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 allegations, but was prohibited last week for 6 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 viewed as sincere, straight and fair that benefits betting firms since individuals will spend cash betting with self-confidence," he says.
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"If you take the Pakistan claims, although unassociated to the UK regulated betting industry ... it is not truly 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 may need to beware 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://uptoscreen.com/read-blog/74240_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) Law Report conference into [sports betting](http://1600-6765.com/board_fyUJ95/176750) 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 people who can repair a match are the rivals or the referee."
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His organisation represents guys and women in 15 [sports betting](https://chateando.net/read-blog/225_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 inadequate to simply have deterrents, sanctions and disciplinary treatments, however that the method to deal with possible issues around players is likewise through education.
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Mr Taylor states rules need to be discussed clearly to with clear examples, and by people they appreciate.
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"Through informing gamers about [sports betting](https://surgiteams.com/index.php/User:WileyDunham) you enhance integrity and that is in everyone's interest," he includes.
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"If players 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 better than cure, and we likewise make a point of telling players 'you are going to be caught'."
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"It is important that sport is directly, and is seen to be directly," he adds.
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"If it loses that then individuals do not desire to bet, that is not in [sports betting](https://taar.me/read-blog/8475_how-much-are-americans-spending-on-sports-betting.html) companies' interests, and it is not in our interests."
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He said that once an excellent track record was lost, the damage to a sport was "incalculable".
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FA guidelines imply players are not permitted to bank on a competitors in which they are involved.
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Mr Johnson states players have actually to be seen not to be cashing in on any inside understanding, which he says could cause "brand damage" to football and its competitions.
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So, even a Second Division gamer knocked out of the FA Cup in the fall can not wager on a Manchester United v Chelsea cup last the following spring.
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"We have to get over to players the reputational danger to the game," he says. "Once self-confidence has been harmed it is hard to get it back - mud sticks."
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'Overwhelmingly legal'
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If this represents the "carrot" method, then perhaps 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 commercial gambling in Great Britain.
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An ex-chief constable of West Midlands police, Mr Tofiluk has duty for policing all wagering in the UK apart from spread [sports betting](http://wiki.faramirfiction.com/index.php?title=User:BriannaRanking), which is the remit of the FSA.
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"The frustrating bulk of [sports betting](https://oolibuzz.com/read-blog/41714_sport-betting-industry-wants-to-protect-itself.html) wagering occurring through UK operators is legal and fair," 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 unfaithful has the possible to weaken the stability of a sport, and it likewise damages the commercial interests of [sports betting](https://flowsocial.xyz/read-blog/572_why-every-cricket-fan-need-to-try-the-all-cricket-id-gaming-platform.html) bodies and [sports betting](https://philadelphiaflyersclub.com/read-blog/8451_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html)."
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The commission has actually established an internal [Sports Betting](https://netgork.com/read-blog/111615_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) Intelligence Unit to get and share information to sporting authorities, wagering firms and policing authorities.
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"Since 2007 we have actually experienced a substantial insight into world of corrupt [sports betting](https://octomo.co.uk/read-blog/6550_start-winning-with-pcg-college-football-picks.html)," he states.
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"We will alert [sports betting](https://systemcheck-wiki.de/index.php?title=Benutzer:WillyCahill710) of our concerns, to assist prevent or reduce [prohibited] activity"
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In May 2010, the commission likewise presented 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 man who was cautioned for cheating in relation to greyhound racing.
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However, Mr Tofiluk states there are still eight continuous investigations, which much useful details has likewise been passed to [sports betting](https://sabiile.com/read-blog/2101_missouri-sports-betting-ballot-measure-approved-by-voters.html) authorities.
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He stated that where an investigation by a sport governing body was quicker, and more cost effective, then the commission would think about stopping a criminal investigation "in favour of letting [sports betting](https://mysuccessdarpan.com/read-blog/12310_things-you-need-to-understand-about-rafting-adventures.html) governing bodies take the lead".
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Meanwhile, he says a number of those looking to cheat the [sports betting](https://app.galaxiesunion.com/read-blog/13145_sport-betting-industry-seeks-to-protect-itself.html) industry were well-informed about [sports betting](https://chateando.net/read-blog/228_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) and sporting people, and about wagering operations and the movement of money.
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"They look for the vulnerabilities of these to help in their enterprises."
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Related web links
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World [sports betting](https://youslade.com/read-blog/41354_things-you-need-to-learn-about-rafting-adventures.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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