From 5c37af5e850514683abb831d558ce67e8e7f7879 Mon Sep 17 00:00:00 2001 From: aidafolk213878 Date: Thu, 2 Jan 2025 02:15:31 +0800 Subject: [PATCH] Add Sport Betting Industry Looks To Protect Itself --- Sport-Betting-Industry-Looks-To-Protect-Itself.md | 68 +++++++++++++++++++++++ 1 file changed, 68 insertions(+) create mode 100644 Sport-Betting-Industry-Looks-To-Protect-Itself.md diff --git a/Sport-Betting-Industry-Looks-To-Protect-Itself.md b/Sport-Betting-Industry-Looks-To-Protect-Itself.md new file mode 100644 index 0000000..880e90f --- /dev/null +++ b/Sport-Betting-Industry-Looks-To-Protect-Itself.md @@ -0,0 +1,68 @@ +[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
Sport wagering market wants to secure itself
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16 September 2010
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
By Bill Wilson
[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG) +
Business reporter, BBC News
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Betting on sport is substantial company.
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Sport England approximates the value of costs on sport-related betting 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 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 company Sport & Markt estimates the overall international gaming market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://app.galaxiesunion.com/read-blog/13016_how-to-play-bet9ja-online.html).
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But when the stability of events are struck the gambling market suffers, and profits are put under threat if consumers can not bet with self-confidence.
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And there can have been few 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://mensaceuta.com/read-blog/9161_online-betting-firms-gamble-on-soccer-mad-nigeria.html) market now.
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"Not just is it a substantial market in world company, it is one that is now on the front pages of newspapers."
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Four Pakistan cricketers have been questioned by cops over spot-fixing allegations associating with a test against England at Lord's last month.
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Three of these players have actually 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 accusations, however was prohibited recently for 6 months for failing to report the unlawful approach to him to toss frames.
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There are also 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 viewed as sincere, straight and fair that benefits wagering companies since individuals will invest cash [sports betting](https://loveyou.az/read-blog/20168_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) with confidence," he states.
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"If you take the Pakistan allegations, although unassociated to the UK managed [sports betting](https://terra.planetv.wtf/read-blog/702_.html) market ... 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 might have to be cautious 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://octomo.co.uk/read-blog/6530_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) Law Report conference into [sports betting](https://wiki.vst.hs-furtwangen.de/wiki/User:FlossieStapley1), the focus has to be on sportspersons and sportswomen.
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As Simon Taylor of the Professional Players' Federation points out: "The only people who can repair a match are the rivals or the referee."
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His organisation represents males and females in 15 [sports betting](https://cozwo.com/read-blog/8828_the-ins-and-outs-of-betting-on-the-nfl-draft.html) in the UK, being an umbrella organisation for all gamer organisations, such as the Professional Footballers' Association.
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He believes that it is insufficient to merely have deterrents, sanctions and procedures, but that the method to deal with possible problems around players is also through education.
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Mr Taylor says guidelines need to be discussed plainly to gamers with clear examples, and by people they respect.
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"Through educating players about [sports betting](https://africasfaces.com/read-blog/5928_online-betting-firms-gamble-on-soccer-mad-nigeria.html) wagering you reinforce integrity which remains in everyone's interest," he adds.
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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 regulatory legal recommendations at the Football Association, concurs.
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"Prevention is better than remedy, and we also make a point of informing players 'you are going to be captured'."
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"It is crucial that sport is directly, and is seen to be directly," he includes.
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"If it loses that then individuals don't desire to wager, that is not in gaming companies' interests, and it is not in our interests."
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He said that once an excellent credibility was lost, the damage to a sport was "incalculable".
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FA rules suggest gamers are not permitted to bank on a competition in which they are involved.
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Mr Johnson states gamers need to be seen not to be capitalizing any inside knowledge, which he states might trigger "brand damage" to football and its competitions.
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So, even a Second Division player knocked out of the FA Cup in the fall can not wager on a Manchester United v Chelsea cup final the following spring.
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"We have to get over to gamers the reputational risk to the video game," he says. "Once self-confidence has been harmed it is difficult to get it back - mud sticks."
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'Overwhelmingly legal'
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If this represents the "carrot" approach, then perhaps 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 manage business [sports betting](https://ifairy.world/read-blog/1407_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) in Great Britain.
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An ex-chief constable of West Midlands cops, Mr Tofiluk has obligation for policing all [sports betting](https://africasfaces.com/read-blog/5928_online-betting-firms-gamble-on-soccer-mad-nigeria.html) in the UK apart from spread [sports betting](https://reckoningz.com/how-to-attract-users-to-my-fantasy-sports-platform/), which is the remit of the FSA.
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"The frustrating bulk of [sports betting](https://redebuck.com.br/read-blog/22098_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) taking location through UK operators is legal and fair," 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 prospective to weaken the stability of a sport, and it also harms the commercial interests of [sports betting](https://whoosmind.com/read-blog/33260_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) bodies and [sports betting](https://mensaceuta.com/read-blog/9161_online-betting-firms-gamble-on-soccer-mad-nigeria.html) wagering."
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The commission has developed an internal [Sports Betting](https://ishare.igrowtech.biz/read-blog/5413_why-every-cricket-fan-should-try-the-all-cricket-id-gaming-platform.html) Intelligence Unit to receive and share info to sporting authorities, betting firms and policing authorities.
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"Since 2007 we have experienced a substantial insight into world of corrupt [sports betting](http://www.mizmiz.de/read-blog/77284_how-to-play-bet9ja-online.html)," he says.
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"We will signal [sports betting](https://embargo.energy/index.php/User:Shirley2781) of our concerns, to assist avoid or reduce [unlawful] activity"
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In May 2010, the commission also presented a private 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 period 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 eight ongoing investigations, which much beneficial details has actually also been passed to [sports betting](https://unightlifetalk.site/read-blog/2590_things-you-need-to-learn-about-rafting-adventures.html) authorities.
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He stated that where an investigation by a sport governing body was quicker, and more cost effective, then the commission would consider discontinuing a criminal examination "in favour of letting [sports betting](https://peoplesmedia.co/read-blog/12643_things-you-need-to-know-about-rafting-adventures.html) governing bodies take the lead".
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Meanwhile, he states much of those looking to cheat the [sports betting](https://social.engagepure.com/read-blog/794_how-to-play-bet9ja-online.html) wagering industry were well-informed about [sports betting](https://globalairgunner.com/read-blog/20077_things-you-need-to-know-about-rafting-adventures.html) and sporting individuals, and about wagering operations and the motion of cash.
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"They look for the vulnerabilities of these to assist in their business."
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Related web links
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World [sports betting](https://meta.mactan.com.br/read-blog/23684_just-how-much-are-americans-spending-on-sports-betting.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
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
Sport & Markt
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
BLP
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Gambling Commission
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