From a1450de43d3fa8e736906e7aa7590391d070a42e Mon Sep 17 00:00:00 2001 From: alphonsomadiga Date: Wed, 1 Jan 2025 07:18:47 +0800 Subject: [PATCH] Add Sport Betting Industry Aims To Protect Itself --- Sport-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..c4b3b06 --- /dev/null +++ b/Sport-Betting-Industry-Aims-To-Protect-Itself.md @@ -0,0 +1,68 @@ +[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
market seeks to protect 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://almightyblondeone.com/index.php/User:LucilleDenmark) on sport is substantial company.
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Sport England estimates the value of spending on sport-related gambling in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.
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Which figure is most likely to have actually grown even more, with an approximated ₤ 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 international gaming market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://app.theremoteinternship.com/read-blog/25807_just-how-much-are-americans-spending-on-sports-betting.html) gambling.
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But when the integrity of occasions are struck the gambling industry suffers, and incomes are put under risk if clients can not wager with confidence.
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And there can have been couple of higher-profile sport [sports betting](https://munidigital.iie.cl/wiki/index.php?title=Usuario:AliciaRadecki) 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 talks about the [sports betting](https://wiki.ragnaworld.net/index.php?title=User:CherylGuido3580) gambling market now.
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"Not only is it a substantial market in world business, it is one that is now on the front pages of papers."
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Four Pakistan cricketers have 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 players have actually said 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 allegations, but was banned recently for six months for stopping working to report the illegal method to him to throw frames.
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There are also 2 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, one of the UK's most significant online sporting exchanges.
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"If the sport is perceived as honest, straight and fair that benefits [sports betting](http://ringturbine.com:80/index.php/User:EmilyNewcombe1) firms because people will spend cash wagering with confidence," he says.
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"If you take the Pakistan allegations, although unassociated to the UK regulated wagering industry ... it is not really a positive 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://seenoor.com/read-blog/439_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) Law Report conference into [sports betting](https://genzkenya.co.ke/read-blog/85_for-sports-gambling-to-be-legalised.html), 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 fix a match are the competitors or the referee."
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His organisation represents men and females in 15 [sports betting](https://bundas24.com/read-blog/175547_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.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 simply have deterrents, sanctions and disciplinary procedures, but that the way to tackle possible concerns around players is also through education.
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Mr Taylor states guidelines need to be discussed clearly to gamers with clear examples, and by individuals they appreciate.
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"Through informing players about [sports betting](https://social.oneworldonesai.com/read-blog/1754_how-much-are-americans-spending-on-sports-betting.html) you enhance stability and that is in everyone's interest," he includes.
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"If gamers 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 regulatory legal suggestions at the Football Association, concurs.
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"Prevention is much better than cure, and we also make a point of informing players 'you are going to be captured'."
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"It is necessary that sport is straight, and is seen to be directly," he adds.
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"If it loses that then individuals do not wish to bet, that is not in gaming firms' interests, and it is not in our interests."
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He said that as soon as a great track record was lost, the damage to a sport was "incalculable".
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FA rules imply gamers are not enabled 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 states could trigger "brand damage" to football and its competitions.
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So, even a Second Division gamer knocked out of the FA Cup in the fall can not wager on a Manchester United v Chelsea cup last the following spring.
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"We need to get over to gamers the reputational threat to the game," he says. "Once self-confidence has actually 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 maybe Nick Tofiluk, director of policy at the Gambling Commission, represents the "stick".
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The Gambling Commission was established under the Gambling Act 2005 to regulate business [sports betting](https://sensualmarketplace.com/read-blog/6714_how-are-betting-odds-calculated.html) in Great Britain.
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An ex-chief constable of West Midlands police, Mr Tofiluk has responsibility for policing all [sports betting](https://voggisper.com/read-blog/1213_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 majority of [sports betting](https://forum.webmark.com.tr/index.php?qa=60802&qa_1=for-sports-gambling-to-be-legalised) wagering occurring through UK operators is legal and reasonable," he says.
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"But for some there is the temptation to ... corruptly disrupt the outcome of a sporting event.
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"Such cheating has the potential to undermine the integrity of a sport, and it also harms the industrial interests of [sports betting](https://peoplesmedia.co/read-blog/12621_compare-amp-review-oddsjet-de.html) bodies and [sports betting](https://www.athleticzoneforum.com/read-blog/753_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html)."
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The commission has actually developed an in-house [Sports Betting](https://wolvesbaneuo.com/wiki/index.php/User:BlytheBir0323) Intelligence Unit to get and disseminate details to sporting authorities, [sports betting](http://video.firstkick.live/read-blog/4647_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) companies and policing authorities.
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"Since 2007 we have experienced a significant insight into world of corrupt [sports betting](https://bytes-the-dust.com/index.php/User:TwilaGoll341)," he says.
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"We will inform [sports betting](https://higgledy-piggledy.xyz/index.php/User:ClintCammack261) of our issues, to help avoid or curtail [unlawful] activity"
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In May 2010, the commission also presented 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 just one criminal prosecution, a 24-year-old male who was cautioned for unfaithful 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 likewise been passed to [sports betting](https://sensualmarketplace.com/read-blog/6442_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) authorities.
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He said that where an examination by a sport governing body was quicker, and more cost effective, then the commission would think about discontinuing a criminal examination "in favour of letting [sports betting](http://www.engel-und-waisen.de/index.php/Benutzer:BartFurr7558266) governing bodies take the lead".
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Meanwhile, he says a lot of those looking to cheat the [sports betting](https://sensualmarketplace.com/read-blog/6442_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) wagering market were knowledgeable about [sports betting](https://web-chat.cloud/question2answer/index.php?qa=41254&qa_1=how-are-betting-odds-calculated) and sporting individuals, and about [sports betting](https://wooshbit.com/read-blog/18772_the-ins-and-outs-of-betting-on-the-nfl-draft.html) operations and the movement of money.
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"They look for the vulnerabilities of these to help in their enterprises."
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Related internet links
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World [sports betting](https://community.0dte.com/index.php?link1=read-blog&id=4_the-ins-and-outs-of-betting-on-the-nfl-draft.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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