From 5ddaafded22cd5d214379086215831f7dd292041 Mon Sep 17 00:00:00 2001 From: ashton26260676 Date: Wed, 1 Jan 2025 03:17:27 +0000 Subject: [PATCH] Add Sport Betting Industry Aims To Protect Itself --- ...Betting-Industry-Aims-To-Protect-Itself.md | 68 +++++++++++++++++++ 1 file changed, 68 insertions(+) create mode 100644 Sport-Betting-Industry-Aims-To-Protect-Itself.md diff --git a/Sport-Betting-Industry-Aims-To-Protect-Itself.md b/Sport-Betting-Industry-Aims-To-Protect-Itself.md new file mode 100644 index 0000000..ddf3dbd --- /dev/null +++ b/Sport-Betting-Industry-Aims-To-Protect-Itself.md @@ -0,0 +1,68 @@ +
Sport [sports betting](https://drapia.org/11-WIKI/index.php/User:JodiPrentice7) industry looks 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://woorichat.com/read-blog/10277_things-you-need-to-learn-about-rafting-adventures.html) on sport is huge organization.
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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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And that figure is most likely to have grown further, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summer.
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Meanwhile, German research & Markt estimates the general worldwide gambling market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://dev.fleeped.com/read-blog/52_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) gambling.
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But when the stability of occasions are hit the [sports betting](https://forum.subchems.com/read-blog/3818_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.html) market suffers, and profits are put under risk if clients can not wager with self-confidence.
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And there can have been couple of higher-profile sport [sports betting](https://chateando.net/read-blog/217_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.html) 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://www.eruptz.com/read-blog/17425_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) market now.
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"Not only is it a substantial market in world organization, it is one that is now on the front pages of newspapers."
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Four Pakistan cricketers have actually been questioned by police over spot-fixing claims relating to a test against England at Lord's last month.
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Three of these players have actually stated they will likewise 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 6 months for failing to report the prohibited technique to him to toss frames.
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There are likewise 2 other continuing investigations - 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 honest, straight and fair that benefits wagering firms since people will spend money wagering with confidence," he states.
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"If you take the Pakistan claims, although unassociated to the UK controlled [sports betting](https://realhindu.in/read-blog/21356_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) industry ... it is not truly a [positive story](https://www.proathletediscuss.com/read-blog/426_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) for [sports betting](https://miderde.de/index.php?title=Benutzer:VeronaCjk705) in the UK.
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"That is because the perception is that 'cricket is now something we might have to take care 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://messengerkivu.com/read-blog/2394_the-history-of-the-nfl-and-how-to-bet-on-it.html) Law Report conference into [sports betting](https://www.yewiki.org/User:DamienCochran) gambling, the focus has to be on sportspersons and sportswomen.
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As Simon Taylor of the Professional Players' Federation explains: "The only people who can repair a match are the competitors or the referee."
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His organisation represents men and women in 15 [sports betting](https://www.contraband.ch/read-blog/41647_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.html) 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 not enough to simply have deterrents, sanctions and disciplinary procedures, but that the method to tackle potential problems around gamers is likewise through education.
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Mr Taylor states rules need to be discussed plainly to gamers with clear examples, and by people they appreciate.
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"Through educating gamers about [sports betting](https://www.sportpassionhub.com/read-blog/1442_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) wagering you reinforce stability and that 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 guidance at the Football Association, concurs.
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"Prevention is better than treatment, and we likewise make a point of telling gamers 'you are going to be captured'."
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"It is crucial that sport is straight, and is seen to be straight," he adds.
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"If it loses that then individuals don't wish to bet, that is not in gaming companies' interests, and it is not in our interests."
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He said that once a good track record was lost, the damage to a sport was "incalculable".
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FA guidelines suggest gamers are not permitted to bank on a competition in which they are involved.
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Mr Johnson says gamers have to be seen not to be cashing in on any inside understanding, which he says might trigger "brand name damage" to football and its competitors.
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So, even a Second Division player knocked out of the FA Cup in the fall can not wager on a Manchester United v Chelsea cup last the following spring.
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"We need to overcome to players the reputational threat to the game," he says. "Once confidence has actually 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" technique, then perhaps Nick Tofiluk, director of regulation at the Gambling Commission, represents the "stick".
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The Gambling Commission was established under the Gambling Act 2005 to manage commercial [sports betting](https://heatwave.app/read-blog/403_for-sports-gambling-to-be-legalised.html) in Great Britain.
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An ex-chief constable of West Midlands cops, Mr Tofiluk has obligation for policing all [sports betting](https://issosyal.com/read-blog/10033_exploring-the-sports-betting-industry-putting-ideas-into-practice.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://www.tobeop.com/missouri-sports-betting-ballot-measure-approved-by-voters/) 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 cheating has the potential to weaken the integrity of a sport, and it also harms the commercial interests of [sports betting](https://metacouture.co/read-blog/24268_the-ins-and-outs-of-betting-on-the-nfl-draft.html) bodies and [sports betting](https://learn.ivlc.com/read-blog/44_for-sports-gambling-to-be-legalised.html) wagering."
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The commission has actually developed an in-house [Sports Betting](http://video.firstkick.live/read-blog/4663_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) Intelligence Unit to get and disseminate info to sporting authorities, wagering companies and policing authorities.
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"Since 2007 we have experienced a significant insight into world of corrupt [sports betting](https://parentingliteracy.com/wiki/index.php/User:LibbyPetterd425) wagering," he says.
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"We will inform [sports betting](https://pittsburghpenguinsclub.com/read-blog/11661_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) of our concerns, to assist prevent or cut [prohibited] activity"
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In May 2010, the commission likewise 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 period there has actually been just one prosecution, a 24-year-old man who was warned for unfaithful in relation to greyhound racing.
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However, Mr Tofiluk states there are still 8 continuous examinations, and that much useful info has actually also been passed to [sports betting](https://alumni.myra.ac.in/read-blog/148588_for-sports-gambling-to-be-legalised.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 think about ceasing a criminal examination "in favour of letting [sports betting](http://wiki.faramirfiction.com/index.php?title=User:LeopoldoJiminez) governing bodies take the lead".
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Meanwhile, he states much of those seeking to cheat the [sports betting](https://youfurry.com/read-blog/37829_the-history-of-the-nfl-and-how-to-bet-on-it.html) market were well-informed about [sports betting](https://www.tobeop.com/missouri-sports-betting-ballot-measure-approved-by-voters/) and sporting individuals, and about [sports betting](https://trackrecord.id/read-blog/1781_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) operations and the motion 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://finance.azberg.ru/read-blog/2409_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.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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