commit 34edd110b07b991321eb5c1822a72444dd9306b6 Author: fionawoolls04 Date: Wed Jan 1 08:38:05 2025 +0800 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..3e9d7a3 --- /dev/null +++ b/Sport-Betting-Industry-Seeks-To-Protect-Itself.md @@ -0,0 +1,69 @@ +[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
Sport [sports betting](https://bytes-the-dust.com/index.php/User:KristinaQ78) market wants 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://energypowerworld.co.uk/read-blog/144393_start-off-winning-with-pcg-college-football-picks.html) on sport is huge company.
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Sport England estimates the value of costs on sport-related gaming in 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 even more, 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](https://www.opentx.cz/index.php/U%C5%BEivatel:Arnulfo02U) market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://friendspo.com/read-blog/28364_how-fantasy-betting-app-development-companies-and-sports-developers.html) gambling.
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But when the integrity of occasions are struck the [sports betting](https://iuridictum.pecina.cz/w/U%C5%BEivatel:VernitaPhelan) industry suffers, and earnings are put under threat if consumers can not bet with confidence.
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And there can have been couple of higher-profile sport wagering 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://truthbook.social/read-blog/8702_sport-betting-industry-wants-to-protect-itself.html) market now.
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"Not just 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 authorities over spot-fixing allegations connecting to a test versus England at Lord's last month.
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Three of these players have actually stated they will also challenge the corruption charges mounted 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 accusations, but was prohibited last week for six months for failing to report the illegal approach to him to throw frames.
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There are also 2 other continuing examinations - 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 greatest online sporting exchanges.
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"If the sport is viewed as truthful, straight and fair that is excellent for betting firms because individuals will invest money wagering with self-confidence," he says.
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"If you take the Pakistan claims, although unrelated to the UK controlled [sports betting](http://wiki.die-karte-bitte.de/index.php/Benutzer_Diskussion:ElanaHeilman9) 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 be careful 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://farmwoo.com/read-blog/9514_just-how-much-are-americans-spending-on-sports-betting.html) Law Report conference into [sports betting](http://www.seferpanim.com/read-blog/361_start-winning-with-pcg-college-football-picks.html) gambling, the focus has to be on sportspersons and sportswomen.
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As Simon Taylor of the Professional Players' Federation mentions: "The only individuals who can fix a match are the rivals or the referee."
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His organisation represents males and ladies in 15 [sports betting](https://mysuccessdarpan.com/read-blog/12325_how-are-betting-odds-calculated.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 simply have deterrents, sanctions and disciplinary treatments, however that the way to deal with prospective problems around players is also through education.
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Mr Taylor says rules need to be described plainly to gamers with clear examples, and by individuals they appreciate.
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"Through educating gamers about [sports betting](https://wiki.vifm.info/index.php/User:BerndLevey) wagering you reinforce integrity and that remains in everyone'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 regulative legal advice at the Football Association, agrees.
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"Prevention is better than remedy, and we likewise make a point of informing gamers 'you are going to be caught'."
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"It is important that sport is directly, and is seen to be directly," he adds.
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"If it loses that then individuals don't desire to bet, that is not in gaming companies' interests, and it is not in our interests."
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He stated that when a great track record was lost, the damage to a sport was "enormous".
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FA guidelines mean gamers are not enabled to wager on a competition in which they are included.
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Mr Johnson states players have to be seen not to be capitalizing any inside understanding, which he says could trigger "brand damage" to football and its competitions.
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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 final the following spring.
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"We have to overcome to gamers the reputational threat to the video game," he states. "Once self-confidence has been damaged it is hard to get it back - mud sticks."
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'Overwhelmingly legal'
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If this represents the "carrot" method, 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 industrial gambling in Great Britain.
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An ex-chief constable of West Midlands cops, Mr Tofiluk has responsibility for policing all [sports betting](https://munidigital.iie.cl/wiki/index.php?title=Usuario:AliciaRadecki) 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://35.237.164.2/wiki/User:RosalindaFinch) taking place 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 cheating has the prospective to weaken the stability of a sport, and it also hurts the commercial interests of [sports betting](https://wiki.vifm.info/index.php/User:AngelinaForshee) bodies and [sports betting](https://sabiile.com/read-blog/2140_sport-betting-industry-seeks-to-protect-itself.html) wagering."
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The commission has developed an in-house [Sports Betting](https://globalabout.com/read-blog/16973_enhance-your-business-opportunities-with-efficient-sports-apps.html) Intelligence Unit to get and disseminate information to sporting authorities, [sports betting](https://lubuzz.com/read-blog/86_just-how-much-are-americans-investing-in-sports-betting.html) companies and policing authorities.
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"Since 2007 we have experienced a significant insight into world of corrupt [sports betting](https://alumni.myra.ac.in/read-blog/148636_exploring-the-sports-betting-industry-putting-ideas-into-practice.html)," he states.
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"We will inform [sports betting](https://bytes-the-dust.com/index.php/User:LamontMarshburn) of our issues, to assist avoid or curtail [unlawful] activity"
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In May 2010, the commission also introduced a private 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 period there has been just one prosecution, a 24-year-old male who was cautioned for cheating in relation to greyhound racing.
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However, Mr Tofiluk says there are still 8 ongoing investigations, and that much useful info has actually also been passed to [sports betting](http://wiki.die-karte-bitte.de/index.php/Benutzer_Diskussion:ReggieGormanston) authorities.
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He said that where an investigation 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://nana22.com/read-blog/2754_enhance-your-business-opportunities-with-efficient-sports-apps.html) governing bodies take the lead".
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Meanwhile, he says a number of those wanting to cheat the [sports betting](https://lubuzz.com/read-blog/86_just-how-much-are-americans-investing-in-sports-betting.html) wagering industry were educated about [sports betting](http://www.vokipedia.de/index.php?title=Benutzer:DarbyBarksdale0) and sporting individuals, and about wagering 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://globalunitedspirits.com/read-blog/3467_things-you-need-to-learn-about-rafting-adventures.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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The BBC is not responsible for the content of external websites.
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