From d884b3832f39cb4e460264f9fe1810d76ee5c460 Mon Sep 17 00:00:00 2001 From: shadweber52945 Date: Thu, 2 Jan 2025 11:41:23 +0400 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..f1143f8 --- /dev/null +++ b/Sport-Betting-Industry-Aims-To-Protect-Itself.md @@ -0,0 +1,68 @@ +
Sport betting industry aims 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](https://sfqatest.sociofans.com/read-blog/656_how-fantasy-betting-app-development-companies-and-sports-developers.html) on sport is big company.
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Sport England approximates the worth of costs 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 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 firm Sport & Markt approximates the general international [sports betting](http://titotit.com/xe/?document_srl=812305) market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://jimsusefultools.com/index.php/User:Vickie75J08308) gambling.
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But when the stability of events are struck the gambling industry suffers, and earnings are put under threat if customers can not wager with self-confidence.
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And there can have been couple of 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 talks about the [sports betting](https://squishmallowswiki.com/index.php/User:JeanNeumann86) gambling market now.
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"Not only 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 cops over spot-fixing allegations relating to a test versus England at Lord's last month.
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Three of these gamers have said they will likewise 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 champ John Higgins was cleared of match-fixing allegations, but was banned recently for 6 months for stopping working to report the unlawful method to him to toss frames.
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There are also two other continuing examinations - 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 biggest online sporting exchanges.
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"If the sport is viewed as sincere, straight and fair that benefits [sports betting](https://naijamatta.com/read-blog/34970_how-fantasy-betting-app-development-companies-and-sports-developers.html) firms because people will invest money [sports betting](https://www.opentx.cz/index.php/U%C5%BEivatel:LouisGleason216) with self-confidence," he says.
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"If you take the Pakistan allegations, although unrelated to the UK controlled wagering industry ... it is not actually a favorable story for wagering in the UK.
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"That is because the understanding is that 'cricket is now something we may have to beware 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://friendza.enroles.com/read-blog/31653_the-ins-and-outs-of-betting-on-the-nfl-draft.html) Law Report conference into [sports betting](https://www.kuyasia.com/read-blog/79_why-every-cricket-fan-must-try-the-all-cricket-id-gaming-platform.html) gambling, the focus has to be on sportsmen and sportswomen.
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As Simon Taylor of the Professional Players' Federation mentions: "The only people who can fix a match are the rivals or the referee."
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His organisation represents males and females in 15 [sports betting](https://globalairgunner.com/read-blog/20059_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.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 inadequate to merely have deterrents, sanctions and disciplinary procedures, but that the method to take on possible concerns around players is also through education.
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Mr Taylor says rules require to be described clearly to gamers with clear examples, and by individuals they appreciate.
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"Through informing gamers about [sports betting](https://seenoor.com/read-blog/436_sport-betting-industry-aims-to-protect-itself.html) wagering you reinforce stability and that is in everyone's interest," he includes.
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"If players are more difficult to corrupt then sport will be more difficult 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 also make a point of informing players 'you are going to be captured'."
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"It is essential that sport is straight, and is seen to be directly," he includes.
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"If it loses that then people don't desire to wager, that is not in gaming firms' interests, and it is not in our interests."
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He stated that once a great reputation was lost, the damage to a sport was "enormous".
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FA rules mean gamers are not permitted to bet on a competition in which they are included.
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Mr Johnson says players have actually to be seen not to be capitalizing any inside understanding, which he states might trigger "brand damage" to football and its competitors.
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So, even a 2nd Division player knocked out of the FA Cup in the autumn can not bet on a Manchester United v Chelsea cup last the following spring.
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"We need to overcome to gamers the reputational danger to the video game," he says. "Once self-confidence has actually been damaged it is difficult 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, of policy at the Gambling Commission, represents the "stick".
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The Gambling Commission was set up under the Gambling Act 2005 to regulate business betting in Great Britain.
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An ex-chief constable of West Midlands cops, Mr Tofiluk has obligation for policing all betting in the UK apart from spread wagering, which is the remit of the FSA.
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"The overwhelming majority of [sports betting](http://www.engel-und-waisen.de/index.php/Benutzer:MckenzieWager9) wagering happening 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 potential to undermine the integrity of a sport, and it also damages the business interests of [sports betting](https://inicknet.com/read-blog/2177_the-ins-and-outs-of-betting-on-the-nfl-draft.html) bodies and [sports betting](https://lidoo.com.br/read-blog/14724_things-you-need-to-understand-about-rafting-adventures.html) wagering."
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The commission has actually established an in-house [Sports Betting](https://app.theremoteinternship.com/read-blog/25813_the-ins-and-outs-of-betting-on-the-nfl-draft.html) Intelligence Unit to get and share information to sporting authorities, betting companies and policing authorities.
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"Since 2007 we have actually experienced a significant insight into world of corrupt [sports betting](https://www.jaitun.com/read-blog/15255_exploring-the-sports-betting-industry-putting-ideas-into-practice.html)," he states.
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"We will alert [sports betting](https://catvcommunity.com.tr/read-blog/4805_the-ins-and-outs-of-betting-on-the-nfl-draft.html) of our issues, to assist avoid or cut [prohibited] activity"
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In May 2010, the commission likewise 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 duration there has actually been simply one prosecution, a 24-year-old man who was warned for cheating in relation to greyhound racing.
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However, Mr Tofiluk says there are still 8 continuous investigations, which much useful details has likewise been passed to [sports betting](https://mxlinkin.mimeld.com/read-blog/703_things-you-need-to-learn-about-rafting-adventures.html) authorities.
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He stated that where an examination by a sport governing body was quicker, and more cost efficient, then the commission would think about discontinuing a criminal examination "in favour of letting [sports betting](https://gayplatform.de/read-blog/3342_for-sports-gambling-to-be-legalised.html) governing bodies take the lead".
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Meanwhile, he says a number of those wanting to cheat the [sports betting](https://bbarlock.com/index.php/User:AliceBland5) market were educated about [sports betting](https://taar.me/read-blog/8434_the-ins-and-outs-of-betting-on-the-nfl-draft.html) and sporting people, and about [sports betting](https://redebuck.com.br/read-blog/22672_things-you-need-to-learn-about-rafting-adventures.html) operations and the movement of cash.
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"They look for the vulnerabilities of these to help in their enterprises."
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Related web links
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World [sports betting](https://pipewiki.org/wiki/index.php/User:GarfieldNanney) 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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