From 64e15160b2b49cdb0dc436108c99eae29c01e46e Mon Sep 17 00:00:00 2001 From: terrancemcreyn Date: Thu, 2 Jan 2025 07:20:10 +0100 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..0a8a6bd --- /dev/null +++ b/Sport-Betting-Industry-Aims-To-Protect-Itself.md @@ -0,0 +1,68 @@ +
Sport betting to secure itself
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16 September 2010
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By Bill Wilson
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Business reporter, BBC News
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[sports betting](https://micircle.in/read-blog/479_online-betting-firms-gamble-on-soccer-mad-nigeria.html) on sport is huge business.
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Sport England approximates the worth of spending on sport-related gaming in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.
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And that figure is likely to have grown further, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summer season.
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Meanwhile, German research study company Sport & Markt estimates the total global gaming market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://olps.co.za/wiki/User:LesMoreira4) gaming.
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But when the integrity of events are hit the gaming industry suffers, and revenues are put under danger if clients can not bet with self-confidence.
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And there can have been few higher-profile sport wagering 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://connectworld.app/read-blog/216_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.html) market now.
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"Not just is it a significant market in world company, it is one that is now on the front pages of papers."
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Four Pakistan cricketers have actually been questioned by police over spot-fixing claims relating to a test versus England at Lord's last month.
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Three of these players have stated 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 accusations, but was banned last week for 6 months for failing to report the prohibited technique to him to toss frames.
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There are also 2 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, one of the UK's most significant online sporting exchanges.
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"If the sport is perceived as truthful, straight and reasonable that is great for [sports betting](http://bedfordfalls.live/read-blog/117122_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) firms since people will spend cash betting with self-confidence," he states.
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"If you take the Pakistan allegations, although unassociated to the UK regulated betting industry ... it is not really a positive story for betting in the UK.
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"That is since the perception is that 'cricket is now something we may have to take care 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 professionals at a World [sports betting](https://catvcommunity.com.tr/read-blog/4805_the-ins-and-outs-of-betting-on-the-nfl-draft.html) Law Report conference into [sports betting](https://wiki.monnaie-libre.fr/wiki/Utilisateur:ZitaHeitmann22) gambling, 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 fix a match are the competitors or the referee."
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His organisation represents males and females in 15 [sports betting](https://social.engagepure.com/read-blog/829_how-to-withdraw-from-bet9ja-8-step-guide-to-money-in-your-wins.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 simply have deterrents, sanctions and disciplinary treatments, but that the method to take on prospective issues around players is likewise through education.
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Mr Taylor states guidelines require 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://loveyou.az/read-blog/17320_things-you-need-to-understand-about-rafting-adventures.html) wagering you reinforce integrity which is in everybody's interest," he includes.
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"If gamers are more difficult to corrupt then sport will be harder to corrupt."
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'Brand damage'
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Matt Johnson, head of regulative legal guidance at the Football Association, concurs.
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"Prevention is much better than remedy, and we likewise make a point of informing gamers 'you are going to be caught'."
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"It is vital that sport is directly, and is seen to be straight," he includes.
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"If it loses that then people don't want to bet, that is not in [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) firms' interests, and it is not in our interests."
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He stated that as soon as a great track record was lost, the damage to a sport was "incalculable".
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FA rules suggest gamers are not permitted to wager on a competition in which they are involved.
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Mr Johnson states gamers have actually to be seen not to be capitalizing any inside understanding, which he says might cause "brand name damage" to football and its competitions.
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So, even a 2nd Division player knocked out of the FA Cup in the fall can not bank on a Manchester United v Chelsea cup final the following spring.
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"We need to get over to gamers the reputational threat to the video game," he states. "Once confidence has been harmed it is tough to get it back - mud sticks."
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'Overwhelmingly legal'
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If this represents the "carrot" approach, then maybe 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 control commercial gambling in Great Britain.
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An ex-chief constable of West Midlands cops, Mr Tofiluk has duty for policing all [sports betting](https://letustalk.co.in/read-blog/11471_things-you-need-to-know-about-rafting-adventures.html) in the UK apart from spread wagering, which is the remit of the FSA.
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"The overwhelming bulk of [sports betting](https://wiki.fablabbcn.org/User:Cooper2123) taking place through UK operators is legal and reasonable," 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 stability of a sport, and it also hurts the industrial interests of [sports betting](http://titotit.com/xe/?document_srl=812177) bodies and [sports betting](https://puzzle.thedimeland.com/4141/just-how-much-are-americans-spending-on-sports-betting) wagering."
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The commission has actually established an internal [Sports Betting](http://it-viking.ch/index.php/User:RoxieRosenberg2) Intelligence Unit to receive and disseminate details 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://social.myschoolfriend.ng/read-blog/40918_why-every-cricket-fan-should-try-the-all-cricket-id-gaming-platform.html) wagering," he says.
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"We will signal [sports betting](http://1600-6765.com/board_fyUJ95/176173) of our issues, to assist prevent or cut [prohibited] activity"
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In May 2010, the commission also introduced 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 simply 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 eight continuous examinations, and that much beneficial information has also been passed to [sports betting](https://hyped4gamers.com/read-blog/2416_missouri-sports-betting-ballot-measure-approved-by-voters.html) authorities.
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He stated that where an investigation by a sport governing body was quicker, and more expense efficient, then the commission would consider terminating a criminal investigation "in favour of letting [sports betting](https://fishtanklive.wiki/User:LatiaDiederich) governing bodies take the lead".
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Meanwhile, he says a lot of those seeking to cheat the [sports betting](https://social.ishare.la/read-blog/1436_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) market were well-informed about [sports betting](https://systemcheck-wiki.de/index.php?title=Benutzer:EmanuelPike) and sporting people, and about [sports betting](http://www.seferpanim.com/read-blog/384_enhance-your-business-opportunities-with-efficient-sports-apps.html) operations and the movement of money.
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"They look for the vulnerabilities of these to assist in their enterprises."
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Related web links
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World [sports betting](https://socialsnug.net/read-blog/7747_why-every-cricket-fan-ought-to-try-the-all-cricket-id-gaming-platform.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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