commit ee588beea4dabaa8059df5c34e2c206f916f80db Author: ewan3332915329 Date: Thu Jan 2 18:45:47 2025 +0800 Add 'Sport Betting Industry Seeks To Protect Itself' 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..d9a8813 --- /dev/null +++ b/Sport-Betting-Industry-Seeks-To-Protect-Itself.md @@ -0,0 +1,68 @@ +
Sport wagering [industry](https://welcometohaiti.com/read-blog/16359_for-sports-gambling-to-be-legalised.html) 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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[sports betting](https://social.myschoolfriend.ng/read-blog/40944_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) on sport is substantial business.
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Sport England approximates the worth of spending on sport-related gambling 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 further, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summertime.
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Meanwhile, German research study company Sport & Markt approximates the total international [gambling market](https://thatswhathappened.wiki/index.php/User:HelaineSkaggs) will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://wiki.fablabbcn.org/User:Skye9268038) gambling.
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But when the stability of occasions are struck the gaming market suffers, and incomes are put under threat if clients can not wager with confidence.
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And there can have been few higher-profile sport [sports betting](https://iuridictum.pecina.cz/w/U%C5%BEivatel:BreannaCollette) 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 talks about the [sports betting](https://micircle.in/read-blog/707_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) gambling market now.
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"Not only 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 been questioned by authorities over spot-fixing allegations 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 champ John Higgins was cleared of match-fixing accusations, however was prohibited recently for six months for stopping working to report the illegal approach to him to toss 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 most significant online sporting exchanges.
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"If the sport is viewed as honest, straight and fair that benefits [sports betting](http://www.larsaluarna.se/index.php/User:Bonnie48P100015) companies because individuals will invest cash wagering with self-confidence," he says.
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"If you take the Pakistan claims, although unassociated to the UK controlled wagering industry ... it is not really a favorable story for [wagering](https://www.athleticzoneforum.com/read-blog/729_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) 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 prevent future scandals?
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According to experts at a World [sports betting](https://origintraffic.com/read-blog/1699_how-fantasy-betting-app-development-companies-and-sports-developers.html) Law Report conference into [sports betting](https://woodsrunners.com/index.php/User:GeneBurford674), 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://learn.ivlc.com/read-blog/41_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) in the UK, being an [umbrella organisation](https://thewion.com/read-blog/186655_how-to-attract-users-to-my-fantasy-sports-platform.html) for all player organisations, such as the Professional Footballers' Association.
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He thinks that it is insufficient to simply have deterrents, sanctions and disciplinary treatments, however that the way to take on potential concerns around gamers is also through education.
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Mr Taylor says rules need to be described clearly to [players](https://social.myschoolfriend.ng/read-blog/40777_the-ins-and-outs-of-betting-on-the-nfl-draft.html) with clear examples, and by people they respect.
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"Through educating gamers about [sports betting](https://redmonde.es/read-blog/189_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) wagering you reinforce stability which is in everyone's interest," he adds.
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"If gamers 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 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 captured'."
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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 do not wish to bet, that is not in gambling firms' interests, and it is not in our interests."
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He stated that once a good track record was lost, the damage to a sport was "incalculable".
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FA rules mean players are not enabled to wager on a competition in which they are included.
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Mr Johnson states players need to be seen not to be capitalizing any inside understanding, which he states might trigger "brand name damage" to football and its competitions.
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So, even a Second Division gamer 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 need to overcome to players the reputational danger to the video game," he states. "Once confidence has been damaged it is tough to get it back - mud sticks."
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'Overwhelmingly legal'
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If this represents the "carrot" method, then maybe 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 control commercial gaming in Great Britain.
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An ex-chief constable of cops, Mr Tofiluk has obligation for policing all [wagering](https://demo.wowonderstudio.com/read-blog/2497_how-to-play-bet9ja-online.html) 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://wavedream.wiki/index.php/User:KandisFrankfurte) 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 event.
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"Such unfaithful has the prospective to undermine the integrity of a sport, and it likewise hurts the business interests of [sports betting](https://skylockr.app/read-blog/204_for-sports-gambling-to-be-legalised.html) bodies and [sports betting](https://vishwakarmacommunity.org/read-blog/7947_compare-amp-review-oddsjet-de.html) wagering."
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The commission has actually developed an in-house [Sports Betting](https://globalunitedspirits.com/read-blog/3649_how-fantasy-betting-app-development-companies-and-sports-developers.html) Intelligence Unit to get and distribute details to sporting authorities, wagering firms and policing authorities.
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"Since 2007 we have actually experienced a significant insight into world of corrupt [sports betting](https://octomo.co.uk/read-blog/6522_how-to-withdraw-from-bet9ja-8-step-guide-to-money-in-your-wins.html) wagering," he states.
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"We will notify [sports betting](https://www.tobeop.com/best-u-s-sports-betting-sites-sportsbooks-for-2024/) of our concerns, to help [prevent](https://demo.shoudyhosting.com/qtoa/?qa=86388/things-you-need-to-learn-about-rafting-adventures) or reduce [prohibited] 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 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 says there are still eight continuous investigations, which much beneficial details has actually also been passed to [sports betting](http://ringturbine.com:80/index.php/User:GloriaHooton) authorities.
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He stated that where an examination by a sport governing body was quicker, and more expense reliable, then the commission would consider ceasing a criminal examination "in favour of [letting](https://www.opentx.cz/index.php/U%C5%BEivatel:AbdulAtchley493) [sports betting](https://sabiile.com/read-blog/2150_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.html) governing bodies take the lead".
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Meanwhile, he states many of those looking to cheat the [sports betting](https://wiki.fablabbcn.org/User:KurtSeyler61245) wagering industry were knowledgeable about [sports betting](https://www.athleticzoneforum.com/read-blog/767_compare-amp-review-oddsjet-de.html) and sporting people, and about wagering operations and the movement of cash.
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"They look for the vulnerabilities of these to assist in their enterprises."
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Related internet links
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World [sports betting](https://app.theremoteinternship.com/read-blog/25820_for-sports-gambling-to-be-legalised.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
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
BLP
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Gambling Commission
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