From 7bd4494092c2f55df1b2d0da1a21ac3f138cc07b Mon Sep 17 00:00:00 2001 From: brittanyheiden Date: Thu, 2 Jan 2025 01:05:19 +0100 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..4c8f32f --- /dev/null +++ b/Sport-Betting-Industry-Wants-To-Protect-Itself.md @@ -0,0 +1,68 @@ +
Sport betting industry wants to safeguard 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.concienciacasanare.com/read-blog/27_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) on sport is huge 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 most likely to have actually grown even more, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summer season.
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Meanwhile, German research firm Sport & Markt estimates the general global gambling market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://mysuccessdarpan.com/read-blog/12473_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) gambling.
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But when the integrity of occasions are hit the [sports betting](https://lovn1world.com/read-blog/2415_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) market suffers, and profits are put under danger if consumers can not bet with self-confidence.
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And there can have been few 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 talks about the [sports betting](http://kitsap.whigdev.com/read-blog/3114_missouri-sports-betting-ballot-measure-approved-by-voters.html) 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 actually been questioned by authorities over spot-fixing accusations associating with a test versus England at Lord's last month.
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Three of these gamers have said they will likewise challenge the corruption charges mounted 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 claims, however was prohibited recently for six months for failing to report the illegal approach to him to throw frames.
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There are likewise two other continuing examinations - not related 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 honest, straight and reasonable that is excellent for wagering firms since people will invest cash [sports betting](https://messengerkivu.com/read-blog/2369_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) with self-confidence," he states.
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"If you take the Pakistan allegations, although unassociated to the UK regulated wagering market ... it is not actually a positive story for wagering in the UK.
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"That is due to the fact that the perception 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://customerscomm.com/read-blog/3752_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.html) Law Report conference into [sports betting](https://wolvesbaneuo.com/wiki/index.php/User:WaylonFeaster38) gambling, the focus has to be on 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](http://famedoot.in/read-blog/97_how-to-play-bet9ja-online.html) in the UK, being an umbrella organisation for all gamer organisations, such as the Professional Footballers' Association.
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He believes that it is insufficient to merely have deterrents, sanctions and disciplinary treatments, however that the way to tackle possible problems around gamers is also through education.
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Mr Taylor says rules need to be described plainly to players with clear examples, and by individuals they appreciate.
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"Through informing gamers about [sports betting](https://globalunitedspirits.com/read-blog/3642_online-betting-firms-gamble-on-soccer-mad-nigeria.html) you enhance integrity and that is in everybody's interest," he includes.
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"If gamers 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 regulatory legal advice at the Football Association, concurs.
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"Prevention is much better than treatment, and we likewise make a point of telling players 'you are going to be captured'."
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"It is important that sport is straight, and is seen to be directly," he adds.
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"If it loses that then individuals don't wish to wager, that is not in gambling companies' interests, and it is not in our interests."
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He said that when a good track record was lost, the damage to a sport was "incalculable".
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FA guidelines indicate gamers are not permitted to wager on a competitors in which they are involved.
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Mr Johnson says players need to be seen not to be capitalizing any inside understanding, which he states could cause "brand name damage" to football and its competitors.
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So, even a Second Division gamer knocked out of the FA Cup in the autumn can not bet on a Manchester United v Chelsea cup final the following spring.
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"We have to overcome to gamers the reputational risk to the video game," he states. "Once 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" method, then maybe 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 industrial gambling 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 wagering, which is the remit of the FSA.
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"The frustrating bulk of [sports betting](https://social.updum.com/read-blog/276_the-ins-and-outs-of-betting-on-the-nfl-draft.html) happening through UK operators is legal and fair," he states.
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"But for some there is the temptation to ... corruptly disrupt the result of a sporting occasion.
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"Such unfaithful has the potential to undermine the integrity of a sport, and it also harms the commercial interests of [sports betting](https://moonifie.com/read-blog/1423_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) bodies and [sports betting](http://yijichain.com/read-blog/15174_sport-betting-industry-wants-to-protect-itself.html) wagering."
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The commission has actually established an internal [Sports Betting](https://encone.com/read-blog/46252_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) Intelligence Unit to receive and disseminate details to sporting authorities, [sports betting](https://firstamendment.tv/read-blog/72257_how-to-play-bet9ja-online.html) firms and policing authorities.
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"Since 2007 we have actually experienced a considerable insight into world of corrupt [sports betting](http://www.vmeste-so-vsemi.ru/wiki/%D0%A3%D1%87%D0%B0%D1%81%D1%82%D0%BD%D0%B8%D0%BA:EloyMcKelvey3) wagering," he states.
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"We will notify [sports betting](https://wiki.vst.hs-furtwangen.de/wiki/User:VedaFaircloth79) of our issues, 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 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 just one prosecution, a 24-year-old guy who was warned for cheating in relation to greyhound racing.
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However, Mr Tofiluk states there are still eight continuous investigations, and that much helpful information has actually likewise been passed to [sports betting](http://experienciacortazar.com.ar/wiki/index.php?title=Usuario:DylanSchuhmacher) 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 think about stopping a criminal investigation "in favour of letting [sports betting](https://wiki.ragnaworld.net/index.php?title=User:PrestonSalkauska) governing bodies take the lead".
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Meanwhile, he says a lot of those looking to cheat the [sports betting](https://followmylive.com/read-blog/21881_best-u-s-sports-betting-sites-amp-sportsbooks-for-2024.html) wagering market were knowledgeable about [sports betting](https://sabiile.com/read-blog/2136_for-sports-gambling-to-be-legalised.html) and sporting people, and about [sports betting](http://ringturbine.com:80/index.php/User:BeatrizWolken) operations and the motion of cash.
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"They seek out the vulnerabilities of these to assist in their business."
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Related web links
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World [sports betting](https://www.heesah.com/read-blog/2078_enhance-your-business-opportunities-with-efficient-sports-apps.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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