From c9c2c55898cb322f529d5860bdb434be84329ea0 Mon Sep 17 00:00:00 2001 From: antonettasummy Date: Mon, 30 Dec 2024 18:36:52 +0000 Subject: [PATCH] Update '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..ea1a380 --- /dev/null +++ b/Sport-Betting-Industry-Wants-To-Protect-Itself.md @@ -0,0 +1,68 @@ +
Sport [sports betting](https://embargo.energy/index.php/User:Wallace08G) industry seeks to protect itself
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16 September 2010
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
By Bill Wilson
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Business reporter, BBC News
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[sports betting](https://wiki.rrtn.org/wiki/index.php/User:RosalindKeir672) on sport is substantial service.
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Sport England approximates the value of costs on sport-related [sports betting](https://gayplatform.de/read-blog/3547_the-ins-and-outs-of-betting-on-the-nfl-draft.html) 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 actually grown further, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summer.
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Meanwhile, German research study company Sport & Markt approximates the overall worldwide gaming market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://alumni.myra.ac.in/read-blog/148728_the-ins-and-outs-of-betting-on-the-nfl-draft.html) gambling.
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But when the integrity of events are struck the gaming market suffers, and revenues are put under danger if clients can not wager with self-confidence.
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And there can have been few higher-profile sport [sports betting](https://twoplustwoequal.com/read-blog/58958_enhance-your-business-opportunities-with-efficient-sports-apps.html) 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 talks about the [sports betting](https://www.facetwig.com/read-blog/96065_things-you-need-to-understand-about-rafting-adventures.html) market now.
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"Not just is it a considerable market in world service, 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 connecting to a test against England at Lord's last month.
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Three of these gamers have said they will also challenge the corruption charges mounted 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 claims, but was prohibited recently for six months for failing to report the prohibited approach to him to throw frames.
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There are likewise two other continuing investigations - unrelated 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 truthful, straight and fair that is great for wagering companies due to the fact that people will spend money [sports betting](https://drapia.org/11-WIKI/index.php/User:ErinMacfarlane7) with self-confidence," he says.
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"If you take the Pakistan claims, although unassociated to the UK controlled wagering market ... it is not really a favorable story for wagering in the UK.
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"That is because the understanding 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 specialists at a World [sports betting](https://wiki.tld-wars.space/index.php/Utilisateur:EveretteCuller) Law Report conference into [sports betting](https://bikapsul.com/read-blog/1453_just-how-much-are-americans-spending-on-sports-betting.html), 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 fix a match are the competitors or the referee."
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His organisation represents males and females in 15 [sports betting](https://netgork.com/read-blog/110105_online-betting-firms-gamble-on-soccer-mad-nigeria.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 inadequate to merely have deterrents, sanctions and disciplinary treatments, but that the way to take on possible issues around gamers is also through education.
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Mr Taylor says rules need to be explained clearly to gamers with clear examples, and by individuals they appreciate.
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"Through informing gamers about [sports betting](https://tartar.app/read-blog/1719_begin-winning-with-pcg-college-football-picks.html) you enhance integrity which remains in everyone'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 recommendations 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 crucial that sport is straight, and is seen to be straight," he includes.
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"If it loses that then people do not want to bet, that is not in [sports betting](https://octomo.co.uk/read-blog/6502_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) companies' interests, and it is not in our interests."
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He stated that when a good credibility was lost, the damage to a sport was "enormous".
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FA rules suggest players are not allowed to bet on a competitors in which they are involved.
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Mr Johnson states players need to be seen not to be capitalizing any inside understanding, which he says might [trigger](https://pipewiki.org/wiki/index.php/User:BTOGabriel) "brand damage" to football and its competitors.
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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 final the following spring.
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"We need to overcome to players the reputational threat to the game," he says. "Once confidence has been damaged it is difficult to get it back - mud sticks."
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['Overwhelmingly](https://web-chat.cloud/question2answer/index.php?qa=55012&qa_1=the-history-of-the-nfl-and-how-to-bank-on-it) legal'
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If this represents the "carrot" technique, 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 regulate industrial gaming in Great Britain.
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An ex-chief constable of West Midlands authorities, Mr Tofiluk has duty for policing all [sports betting](https://woodsrunners.com/index.php/User:BethKraker1) in the UK apart from spread [sports betting](https://energypowerworld.co.uk/read-blog/144519_how-to-attract-users-to-my-fantasy-sports-platform.html), which is the remit of the FSA.
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"The overwhelming bulk of [sports betting](https://sensualmarketplace.com/read-blog/6442_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) occurring through UK operators is legal and reasonable," he says.
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"But for some there is the temptation to ... corruptly interfere with the result of a sporting event.
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"Such unfaithful has the possible to undermine the integrity of a sport, and it also damages the commercial interests of [sports betting](http://www.seferpanim.com/read-blog/388_for-sports-gambling-to-be-legalised.html) bodies and [sports betting](https://kiigasofthub.com/read-blog/10137_best-u-s-sports-betting-sites-amp-sportsbooks-for-2024.html)."
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The commission has actually developed an internal [Sports Betting](https://wiki.vifm.info/index.php/User:Jimmy50739) Intelligence Unit to receive and distribute information to sporting authorities, [sports betting](https://blablasell.com/read-blog/11896_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) firms and policing authorities.
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"Since 2007 we have experienced a [considerable insight](https://forum.petstory.ge/read-blog/3400_how-to-withdraw-from-bet9ja-8-step-guide-to-money-in-your-wins.html) into world of corrupt [sports betting](https://sensualmarketplace.com/read-blog/6442_exploring-the-sports-betting-industry-putting-ideas-into-practice.html)," he says.
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"We will of our issues, to assist avoid or reduce [prohibited] activity"
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In May 2010, the commission likewise introduced a personal telephone hotline for those with information 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 male who was cautioned for cheating in relation to greyhound racing.
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However, Mr Tofiluk states there are still 8 ongoing investigations, and that much beneficial information has actually also been passed to [sports betting](https://we2chat.net/read-blog/26467_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) authorities.
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He said that where an investigation by a sport governing body was quicker, and more expense effective, then the commission would consider ceasing a criminal examination "in favour of letting [sports betting](http://milkywaystars.site/read-blog/3004_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) governing bodies take the lead".
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Meanwhile, he states many of those seeking to cheat the [sports betting](https://sundaycareers.com/read-blog/2627_online-betting-firms-gamble-on-soccer-mad-nigeria.html) wagering industry were experienced about [sports betting](https://usvs.ms/read-blog/806_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) and sporting individuals, and about wagering 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://heli.today/read-blog/57_online-betting-firms-gamble-on-soccer-mad-nigeria.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
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
BLP
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Gambling Commission
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) \ No newline at end of file