commit 0071ba6cba9db786def66713a87b7f781482e5e2 Author: lyndaseiffert3 Date: Wed Jan 1 06:13:15 2025 +0000 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..7fd0c7a --- /dev/null +++ b/Sport-Betting-Industry-Seeks-To-Protect-Itself.md @@ -0,0 +1,68 @@ +
Sport [sports betting](https://taar.me/read-blog/8475_how-much-are-americans-spending-on-sports-betting.html) market seeks 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://wiki.rrtn.org/wiki/index.php/User:KatriceShiels4) 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 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 company Sport & Markt approximates the total global [sports betting](https://skylockr.app/read-blog/198_the-ins-and-outs-of-betting-on-the-nfl-draft.html) market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://chateando.net/read-blog/225_how-much-are-americans-spending-on-sports-betting.html).
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But when the stability of events are hit the gambling market suffers, and incomes are put under danger if customers can not bet with confidence.
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And there can have been couple of higher-profile sport [sports betting](https://gayplatform.de/read-blog/3522_enhance-your-business-opportunities-with-efficient-sports-apps.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 discuss the [sports betting](https://app.galaxiesunion.com/read-blog/13145_sport-betting-industry-seeks-to-protect-itself.html) gambling 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 newspapers."
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Four Pakistan cricketers have been questioned by police over spot-fixing allegations relating to a test against England at Lord's last month.
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Three of these players have said 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 allegations, but was prohibited last week for 6 months for stopping working to report the unlawful approach to him to toss frames.
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There are likewise 2 other continuing investigations - not related 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 perceived as honest, straight and fair that benefits [sports betting](https://www.proathletediscuss.com/read-blog/419_how-to-withdraw-from-bet9ja-8-step-guide-to-money-in-your-wins.html) firms because individuals will [spend cash](https://si-sudagro.net/cdc-hiruak/index.php?qa=152756&qa_1=just-how-much-are-americans-investing-in-sports-betting) wagering with confidence," he states.
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"If you take the Pakistan claims, although unrelated to the UK controlled wagering industry ... it is not truly a positive story for wagering in the UK.
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"That is because 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 experts at a World [sports betting](https://social.updum.com/read-blog/26_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.html) Law Report conference into [sports betting](https://catvcommunity.com.tr/read-blog/4411_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html), the focus needs to be on sportsmen 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 rivals or the referee."
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His organisation represents guys and females in 15 [sports betting](http://www.seferpanim.com/read-blog/378_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.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 insufficient to merely have deterrents, sanctions and disciplinary treatments, however that the method to tackle prospective issues around players is likewise through education.
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Mr Taylor says guidelines need to be described plainly to players with clear examples, and by people they appreciate.
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"Through educating gamers about [sports betting](https://clik.social/read-blog/19237_things-you-need-to-know-about-rafting-adventures.html) wagering you reinforce integrity which is 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 regulatory legal suggestions at the Football Association, concurs.
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"Prevention is better than remedy, and we also make a point of telling players 'you are going to be captured'."
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"It is essential that sport is directly, and is seen to be directly," he includes.
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"If it loses that then individuals do not desire to wager, that is not in [sports betting](https://www.opentx.cz/index.php/U%C5%BEivatel:LoreenDidomenico) companies' interests, and it is not in our interests."
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He said that when a great reputation was lost, the damage to a sport was "incalculable".
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FA guidelines imply players are not allowed to bank on a competition in which they are included.
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Mr Johnson states gamers have to be seen not to be cashing in on any inside understanding, which he says might cause "brand 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 wager on a Manchester United v Chelsea cup final the following spring.
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"We have to get over to players the reputational threat to the game," he says. "Once 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" 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 regulate industrial gambling in Great Britain.
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An ex-chief constable of West Midlands authorities, Mr Tofiluk has obligation for policing all [sports betting](https://uptoscreen.com/read-blog/74329_why-every-cricket-fan-need-to-try-the-all-cricket-id-gaming-platform.html) 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://bence.net/read-blog/6050_things-you-need-to-learn-about-rafting-adventures.html) wagering occurring through UK operators is legal and fair," he says.
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"But for some there is the temptation to ... corruptly disrupt the result of a sporting event.
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"Such cheating has the to undermine the stability of a sport, and it likewise harms the commercial interests of [sports betting](https://munidigital.iie.cl/wiki/index.php?title=Usuario:AliciaRadecki) bodies and [sports betting](https://seenoor.com/read-blog/451_for-sports-gambling-to-be-legalised.html)."
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The commission has established an in-house [Sports Betting](https://travel-friends.net/read-blog/1045_how-fantasy-betting-app-development-companies-and-sports-developers.html) Intelligence Unit to receive and disseminate information to sporting authorities, [sports betting](https://demo.wowonderstudio.com/read-blog/2615_how-to-withdraw-from-bet9ja-8-step-guide-to-money-in-your-wins.html) firms and policing authorities.
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"Since 2007 we have actually experienced a substantial insight into world of corrupt [sports betting](https://www.sportpassionhub.com/read-blog/1472_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) wagering," he states.
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"We will inform [sports betting](https://flowsocial.xyz/read-blog/550_how-to-play-bet9ja-online.html) of our concerns, to help avoid or cut [prohibited] activity"
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In May 2010, the commission also presented a confidential telephone hotline for those with info or suspicions.
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'Vulnerabilities'
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But in a two-and-a-half year duration there has been just one criminal prosecution, a 24-year-old male who was warned for unfaithful in relation to greyhound racing.
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However, Mr Tofiluk states there are still eight continuous investigations, which much beneficial details has actually likewise been passed to [sports betting](https://ifairy.world/read-blog/1355_the-history-of-the-nfl-and-how-to-bet-on-it.html) authorities.
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He stated that where an examination by a sport governing body was quicker, and more expense efficient, then the commission would think about discontinuing a criminal examination "in favour of letting [sports betting](https://unightlifetalk.site/read-blog/2617_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) governing bodies take the lead".
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Meanwhile, he says much of those seeking to cheat the [sports betting](https://voggisper.com/read-blog/1213_things-you-need-to-know-about-rafting-adventures.html) industry were knowledgeable about [sports betting](https://wiki.vst.hs-furtwangen.de/wiki/User:FlossieStapley1) and sporting individuals, and about [sports betting](https://truthbook.social/read-blog/8350_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) operations and the movement of money.
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"They look for the vulnerabilities of these to assist in their business."
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Related internet links
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World [sports betting](https://parentingliteracy.com/wiki/index.php/User:CooperAuld992) 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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