From 94731a02b52c6ad5cd73521f7157e43ea7e32f13 Mon Sep 17 00:00:00 2001 From: wxfisabelle518 Date: Tue, 31 Dec 2024 14:26:49 +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..aa0f7e3 --- /dev/null +++ b/Sport-Betting-Industry-Seeks-To-Protect-Itself.md @@ -0,0 +1,68 @@ +
Sport wagering industry looks 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://friends.win/read-blog/20636_start-winning-with-pcg-college-football-picks.html) on sport is big organization.
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Sport England estimates 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 grown further, 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 general international gaming market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://social.engagepure.com/read-blog/834_the-ins-and-outs-of-betting-on-the-nfl-draft.html).
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But when the stability of events are hit the gambling industry suffers, and earnings are put under threat if customers can not bet with self-confidence.
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And there can have been few 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://www.grandtribunal.org/wiki/User:FlorianBlackwell) 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 claims connecting to a test against England at Lord's last month.
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Three of these players have actually said they will also challenge the corruption charges installed against 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, but was banned recently for 6 months for stopping working to report the illegal method 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, one of the UK's most significant online sporting exchanges.
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"If the sport is viewed as truthful, straight and reasonable that is excellent for wagering firms due to the fact that people will invest cash wagering with confidence," he says.
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"If you take the Pakistan allegations, although unrelated to the UK controlled betting industry ... it is not really a favorable story for [sports betting](https://namesdev.com/read-blog/15191_for-sports-gambling-to-be-legalised.html) in the UK.
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"That is due to the fact that the perception is that 'cricket is now something we might have to be cautious 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 professionals at a World [sports betting](https://twixxor.com/read-blog/8917_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) Law Report conference into [sports betting](http://ratel.ng/read-blog/61_how-to-play-bet9ja-online.html) gambling, the focus has to be on sportsmen and sportswomen.
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As Simon Taylor of the Professional explains: "The only individuals who can repair a match are the rivals or the referee."
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His organisation represents males and females in 15 [sports betting](https://ask.onekeeitsolutions.com/index.php?qa=86524&qa_1=begin-winning-with-pcg-college-football-picks) in the UK, being an umbrella organisation for all player organisations, such as the Professional Footballers' Association.
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He thinks that it is not enough to simply have deterrents, sanctions and disciplinary procedures, but that the way to take on possible problems around gamers is also through education.
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Mr Taylor says rules require to be described plainly to gamers with clear examples, and by people they respect.
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"Through educating players about [sports betting](https://comunidadebrasilbr.com/read-blog/12599_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) you strengthen integrity and that remains in everybody'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 regulatory legal suggestions at the Football Association, concurs.
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"Prevention is better than cure, and we also make a point of telling players 'you are going to be captured'."
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"It is vital that sport is straight, and is seen to be directly," he includes.
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"If it loses that then individuals don't wish to bet, that is not in gambling firms' interests, and it is not in our interests."
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He stated that as soon as an excellent track record was lost, the damage to a sport was "enormous".
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FA guidelines suggest players are not permitted to bank on a competitors in which they are included.
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Mr Johnson says players have to be seen not to be cashing in on any inside knowledge, 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 fall 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 threat 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 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 gambling in Great Britain.
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An ex-chief constable of West Midlands cops, Mr Tofiluk has obligation for policing all wagering in the UK apart from spread [sports betting](http://www.pickmemo.com/read-blog/11276_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html), which is the remit of the FSA.
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"The frustrating bulk of [sports betting](https://socialsmerch.com/read-blog/10534_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) occurring through UK operators is legal and reasonable," he states.
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"But for some there is the temptation to ... corruptly interfere with the result of a sporting occasion.
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"Such unfaithful has the possible to weaken the integrity of a sport, and it likewise hurts the business interests of [sports betting](https://peekz.eu/read-blog/100_compare-amp-review-oddsjet-de.html) bodies and [sports betting](https://mysuccessdarpan.com/read-blog/12319_just-how-much-are-americans-investing-in-sports-betting.html)."
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The commission has developed an internal [Sports Betting](https://wiki.vst.hs-furtwangen.de/wiki/User:RafaelaOlden072) Intelligence Unit to receive and disseminate information to sporting authorities, wagering firms and policing authorities.
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"Since 2007 we have experienced a significant insight into world of corrupt [sports betting](https://realhindu.in/read-blog/21475_sport-betting-industry-wants-to-protect-itself.html)," he states.
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"We will signal [sports betting](https://bence.net/read-blog/6050_things-you-need-to-learn-about-rafting-adventures.html) of our concerns, to assist avoid or curtail [unlawful] activity"
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In May 2010, the commission also presented a confidential 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 period there has been simply one 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 eight ongoing examinations, and that much helpful information has actually likewise been passed to [sports betting](https://energypowerworld.co.uk/read-blog/144498_why-every-cricket-fan-should-try-the-all-cricket-id-gaming-platform.html) authorities.
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He stated that where an investigation by a sport governing body was quicker, and more cost reliable, then the commission would consider discontinuing a criminal investigation "in favour of letting [sports betting](https://terra.planetv.wtf/read-blog/689_.html) governing bodies take the lead".
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Meanwhile, he says numerous of those aiming to cheat the [sports betting](https://pipewiki.org/wiki/index.php/User:SherryBosley47) wagering industry were well-informed about [sports betting](http://famedoot.in/read-blog/98_the-history-of-the-nfl-and-how-to-bank-on-it.html) and sporting individuals, and about [sports betting](https://voggisper.com/read-blog/1219_just-how-much-are-americans-investing-in-sports-betting.html) operations and the motion of cash.
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"They look for the vulnerabilities of these to help in their business."
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Related web links
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World [sports betting](https://clik.social/read-blog/19237_things-you-need-to-know-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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