From a5b1297c97f8c2b5df8a16deb51e7fce46873b7a Mon Sep 17 00:00:00 2001 From: loric067089901 Date: Thu, 2 Jan 2025 05:48:13 +0000 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..2829da3 --- /dev/null +++ b/Sport-Betting-Industry-Wants-To-Protect-Itself.md @@ -0,0 +1,68 @@ +
Sport [sports betting](https://demo.wowonderstudio.com/read-blog/2553_how-fantasy-betting-app-development-companies-and-sports-developers.html) industry wants 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](http://famedoot.in/read-blog/79_online-betting-firms-gamble-on-soccer-mad-nigeria.html) on sport is big service.
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Sport England approximates the worth of costs 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 actually 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 company Sport & Markt approximates the total international gambling market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://bigtoc.com/read-blog/8966_things-you-need-to-understand-about-rafting-adventures.html) gambling.
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But when the integrity of occasions are struck the [sports betting](https://social.ppmandi.com/read-blog/204_sport-betting-industry-seeks-to-protect-itself.html) market suffers, and earnings are put under risk if customers can not wager with confidence.
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And there can have been couple of higher-profile sport betting 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](https://nuo18.lt/read-blog/68717_why-every-cricket-fan-ought-to-try-the-all-cricket-id-gaming-platform.html) 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 been questioned by authorities over spot-fixing accusations relating to a test versus 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 claims, however was banned recently for 6 months for stopping working to report the unlawful technique to him to toss 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, among the UK's biggest online sporting exchanges.
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"If the sport is viewed as honest, straight and fair that is excellent for since individuals will spend cash wagering with confidence," he says.
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"If you take the Pakistan accusations, although unassociated to the UK regulated [sports betting](https://tartar.app/read-blog/1675_just-how-much-are-americans-investing-in-sports-betting.html) market ... it is not really a positive story for betting in the UK.
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"That is because the perception is that 'cricket is now something we may need to be careful 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 experts at a World [sports betting](https://sotawiki.net/sota/User:IlseMarble702) Law Report conference into [sports betting](https://social.ishare.la/read-blog/1452_the-ins-and-outs-of-betting-on-the-nfl-draft.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 people who can repair a match are the competitors or the referee."
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His organisation represents males and females in 15 [sports betting](https://grade1d.smaportal.ae/read-blog/2438_best-u-s-sports-betting-sites-amp-sportsbooks-for-2024.html) in the UK, being an umbrella organisation for all gamer organisations, such as the Professional Footballers' Association.
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He thinks that it is not adequate to merely have deterrents, sanctions and disciplinary procedures, but that the method to deal with prospective problems 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 people they appreciate.
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"Through informing gamers about [sports betting](https://marvelvsdc.faith/wiki/User:BellBradway612) you strengthen integrity and that remains in everyone's interest," he includes.
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"If players are harder 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 advice at the Football Association, concurs.
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"Prevention is much better than remedy, and we also make a point of telling players 'you are going to be caught'."
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"It is vital that sport is straight, and is seen to be directly," he adds.
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"If it loses that then individuals do not wish to bet, that is not in gaming 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 rules imply gamers are not allowed to bet on a competition in which they are included.
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Mr Johnson says gamers need to be seen not to be cashing in on any inside understanding, which he states could trigger "brand name damage" to football and its competitions.
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So, even a Second Division player knocked out of the FA Cup in the autumn can not bet on a Manchester United v Chelsea cup last the following spring.
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"We need to get over to gamers the reputational danger to the video game," he states. "Once self-confidence has actually 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" technique, 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 industrial betting in Great Britain.
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An ex-chief constable of West Midlands authorities, Mr Tofiluk has obligation for policing all betting in the UK apart from spread wagering, which is the remit of the FSA.
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"The overwhelming majority of [sports betting](https://letustalk.co.in/read-blog/11472_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) taking place 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 possible to weaken the stability of a sport, and it likewise hurts the industrial interests of [sports betting](https://twoplustwoequal.com/read-blog/58965_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) bodies and [sports betting](https://oeclub.org/index.php/User:GingerU959)."
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The commission has established an internal [Sports Betting](https://sabiile.com/read-blog/2121_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) Intelligence Unit to receive and disseminate info to sporting authorities, betting companies and policing authorities.
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"Since 2007 we have experienced a considerable insight into world of corrupt [sports betting](https://youtoosocialnetwork.com/read-blog/1292_things-you-need-to-know-about-rafting-adventures.html)," he states.
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"We will inform [sports betting](https://learn.ivlc.com/read-blog/67_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) of our issues, to help prevent or cut [unlawful] activity"
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In May 2010, the commission likewise introduced a personal telephone hotline for those with details or suspicions.
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'Vulnerabilities'
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But in a two-and-a-half year duration there has actually been simply one criminal 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 8 ongoing examinations, and that much useful information has likewise been passed to [sports betting](https://voggisper.com/read-blog/1213_things-you-need-to-know-about-rafting-adventures.html) 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 think about terminating a criminal examination "in favour of letting [sports betting](https://www.contraband.ch/read-blog/41886_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) governing bodies take the lead".
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Meanwhile, he says many of those aiming to cheat the [sports betting](https://noaisocial.pro/read-blog/2353_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) market were educated about [sports betting](https://wiki.rrtn.org/wiki/index.php/User:KatriceShiels4) and sporting individuals, and about betting operations and the motion of money.
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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](https://flowsocial.xyz/read-blog/581_exploring-the-sports-betting-industry-putting-ideas-into-practice.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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