From 69eb14374b3f7cecdff46d646521fafecfc8c1c2 Mon Sep 17 00:00:00 2001 From: terrypicot3099 Date: Thu, 2 Jan 2025 18:31:46 +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..c7e004b --- /dev/null +++ b/Sport-Betting-Industry-Seeks-To-Protect-Itself.md @@ -0,0 +1,68 @@ +
Sport betting industry wants 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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Betting on sport is huge organization.
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Sport England estimates 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 ₤ 1bn bet on the World Cup alone in the UK this summer season.
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Meanwhile, German research company Sport & Markt approximates the overall worldwide gambling market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](http://yijichain.com/read-blog/15063_exploring-the-sports-betting-industry-putting-ideas-into-practice.html).
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But when the stability of occasions are struck the [sports betting](https://bdstarter.com/sports-minister-tracey-crouch-resigns-over-hold-up-to-betting-crackdown-2/) industry suffers, and incomes are put under hazard if customers can not bet with self-confidence.
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And there can have been couple of higher-profile sport [sports betting](https://ca.viquiblo.org/index.php/Usuari:LaraeSalisbury1) 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://uptoscreen.com/read-blog/74316_compare-amp-review-oddsjet-de.html) gambling market now.
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"Not only is it a considerable market in world organization, it is one that is now on the front pages of papers."
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Four Pakistan cricketers have been questioned by cops over spot-fixing allegations relating to a test versus England at Lord's last month.
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Three of these gamers have stated they will also challenge the corruption charges mounted 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 claims, however was banned last week for 6 months for failing to report the illegal technique to him to throw frames.
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There are likewise 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 greatest online sporting exchanges.
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"If the sport is perceived as truthful, straight and reasonable that is good for [sports betting](https://social.mirrororg.com/read-blog/7659_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) firms since individuals will invest money wagering with self-confidence," he says.
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"If you take the Pakistan claims, although unrelated to the UK managed wagering industry ... it is not really a favorable story for [sports betting](https://sfqatest.sociofans.com/read-blog/716_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) in the UK.
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"That is because the understanding is that 'cricket is now something we may have to be mindful 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 professionals at a World [sports betting](http://woorichat.com/read-blog/10295_sport-betting-industry-wants-to-protect-itself.html) Law Report conference into [sports betting](https://demo.wowonderstudio.com/read-blog/2497_how-to-play-bet9ja-online.html) 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 rivals or the referee."
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His organisation represents males and females in 15 [sports betting](https://bbarlock.com/index.php/User:BettyeBey25) 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, but that the method to deal with prospective issues around gamers is likewise through education.
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Mr Taylor states rules require to be explained plainly to players with clear examples, and by people they respect.
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"Through informing players about [sports betting](https://superappsocial.com/read-blog/1537_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) you strengthen stability which remains in everybody's interest," he adds.
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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, concurs.
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"Prevention is much better than remedy, 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 individuals do not wish to bet, that is not in gaming firms' interests, and it is not in our interests."
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He stated that when an excellent track record was lost, the damage to a sport was "incalculable".
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FA guidelines suggest gamers are not enabled to bank on a competitors in which they are involved.
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Mr Johnson says players have to be seen not to be capitalizing any inside knowledge, which he states might trigger "brand damage" to football and its competitions.
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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 have to overcome to gamers the reputational risk to the 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 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 commercial [sports betting](https://www.womplaz.com/read-blog/92_missouri-sports-betting-ballot-measure-approved-by-voters.html) in Great Britain.
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An ex-chief constable of West Midlands cops, Mr Tofiluk has duty for policing all betting in the UK apart from spread wagering, which is the remit of the FSA.
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"The frustrating majority of [sports betting](https://clik.social/read-blog/19335_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) occurring through UK operators is legal and fair," he states.
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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 business interests of [sports betting](https://www.jaitun.com/read-blog/15255_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) bodies and [sports betting](https://ozgurtasdemir.net/read-blog/535_the-ins-and-outs-of-betting-on-the-nfl-draft.html)."
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The commission has established an internal [Sports Betting](https://social.updum.com/read-blog/230_for-sports-gambling-to-be-legalised.html) Intelligence Unit to receive and disseminate information to sporting authorities, [sports betting](https://issosyal.com/read-blog/10775_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) companies and policing authorities.
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"Since 2007 we have experienced a considerable insight into world of corrupt [sports betting](https://bundas24.com/read-blog/180672_why-every-cricket-fan-should-try-the-all-cricket-id-gaming-platform.html)," he states.
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"We will alert [sports betting](https://dev.fleeped.com/read-blog/54_the-ins-and-outs-of-betting-on-the-nfl-draft.html) of our concerns, to help prevent or curtail [unlawful] activity"
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In May 2010, the commission also presented a private 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 duration there has been simply one prosecution, a 24-year-old guy who was cautioned for cheating in relation to greyhound racing.
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However, Mr Tofiluk says there are still eight ongoing investigations, which much helpful info has likewise been passed to [sports betting](https://wavedream.wiki/index.php/User:Porter2595) authorities.
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He said that where an examination by a sport governing body was quicker, and more cost efficient, then the commission would consider terminating a criminal investigation "in favour of letting [sports betting](https://redmonde.es/read-blog/189_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) governing bodies take the lead".
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Meanwhile, he says a lot of those wanting to cheat the [sports betting](https://cozwo.com/read-blog/8819_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) wagering market were knowledgeable about [sports betting](https://lets.chchat.me/read-blog/1736_how-to-play-bet9ja-online.html) and sporting people, and about wagering operations and the motion of cash.
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"They look for the vulnerabilities of these to assist in their business."
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Related web links
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World [sports betting](http://titotit.com/xe/?document_srl=813728) 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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