commit 5e9fa1992a9f5ba98c3d8c2ce5b9e8d869310feb Author: shawndorringto Date: Wed Jan 1 05:49:46 2025 +0000 Add 'Sport Betting Industry Aims To Protect Itself' 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..87f4370 --- /dev/null +++ b/Sport-Betting-Industry-Aims-To-Protect-Itself.md @@ -0,0 +1,69 @@ +
Sport wagering industry 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://social.japrime.id/read-blog/23444_the-history-of-the-nfl-and-how-to-bet-on-it.html) on sport is big business.
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Sport England estimates the worth of costs on sport-related [sports betting](https://wiki.snooze-hotelsoftware.de/index.php?title=Benutzer:MollieVidler20) in [England grew](https://oolibuzz.com/read-blog/41661_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.
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And that figure is most likely to have actually grown further, with an [approximated](http://video.firstkick.live/read-blog/4663_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) ₤ 1bn bet on the World Cup alone in the UK this summer.
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Meanwhile, German research firm Sport & Markt approximates the total international gambling market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://personal.spaces.one/read-blog/3099_how-are-betting-odds-calculated.html) gambling.
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But when the stability of events are hit the gaming market suffers, and incomes are put under hazard if clients can not wager with 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 discuss the [sports betting](https://wiki.rrtn.org/wiki/index.php/User:RosalindKeir672) market now.
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"Not only is it a significant market in world organization, it is one that is now on the front pages of papers."
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Four Pakistan cricketers have actually been questioned by police over spot-fixing claims connecting to a test against England at Lord's last month.
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Three of these gamers 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 claims, however was prohibited last week for six months for stopping working to report the illegal technique 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 greatest online sporting exchanges.
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"If the sport is perceived as truthful, straight and fair that is good for wagering companies because individuals will spend money [sports betting](https://bbarlock.com/index.php/User:JonahDwyer22) with self-confidence," he says.
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"If you take the Pakistan allegations, although unrelated to the UK regulated [sports betting](https://islider.ru/read-blog/37341_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) market ... it is not really a favorable story for wagering in the UK.
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"That is because the perception is that 'cricket is now something we might 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 experts at a World [sports betting](https://nuo18.lt/read-blog/68946_how-to-play-bet9ja-online.html) Law Report conference into [sports betting](https://social.ishare.la/read-blog/1115_for-sports-gambling-to-be-legalised.html), the focus needs 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 competitors or the referee."
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His organisation represents males and women in 15 [sports betting](https://wow.t-mobility.co.il/read-blog/21_how-to-attract-users-to-my-fantasy-sports-platform.html) in the UK, being an [umbrella organisation](https://online-learning-initiative.org/wiki/index.php/User:KirbyBenjamin) for all gamer organisations, such as the Professional Footballers' Association.
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He thinks that it is not adequate to merely have deterrents, sanctions and disciplinary procedures, but that the method to tackle prospective issues around gamers is likewise through education.
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Mr Taylor states rules require to be described plainly to players with clear examples, and by individuals they respect.
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"Through educating players about [sports betting](https://moonifie.com/read-blog/1407_just-how-much-are-americans-investing-in-sports-betting.html) wagering you strengthen integrity and that remains in everyone's interest," he includes.
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"If players 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 suggestions at the Football Association, concurs.
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"Prevention is better than cure, and we likewise make a point of informing players 'you are going to be caught'."
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"It is important that sport is straight, and is seen to be straight," he includes.
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"If it loses that then people do not desire to wager, that is not in [sports betting](https://ifairy.world/read-blog/1424_the-ins-and-outs-of-betting-on-the-nfl-draft.html) companies' interests, and it is not in our interests."
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He stated that as soon as an excellent reputation was lost, the damage to a sport was "enormous".
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FA rules mean gamers are not permitted to bank on a competitors in which they are involved.
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Mr Johnson says players have actually to be seen not to be capitalizing any inside understanding, which he says could cause "brand damage" to football and its competitions.
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So, even a Second Division player out of the FA Cup in the autumn can not bank on a Manchester United v [Chelsea cup](https://wiki.monnaie-libre.fr/wiki/Utilisateur:BrandenFrawley) last the following spring.
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"We have to overcome to gamers the reputational risk to the video game," he states. "Once confidence has been harmed it is hard to get it back - mud sticks."
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'Overwhelmingly legal'
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If this represents the "carrot" approach, then possibly Nick Tofiluk, director of regulation at the Gambling Commission, represents the "stick".
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The Gambling Commission was set up under the Gambling Act 2005 to regulate industrial gaming in Great Britain.
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An ex-chief constable of West Midlands police, Mr Tofiluk has responsibility for policing all wagering in the UK apart from spread wagering, which is the remit of the FSA.
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"The overwhelming bulk of [sports betting](https://ishare.igrowtech.biz/read-blog/5413_why-every-cricket-fan-should-try-the-all-cricket-id-gaming-platform.html) wagering happening 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 prospective to undermine the stability of a sport, and it also hurts the industrial interests of [sports betting](https://clik.social/read-blog/19021_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) bodies and [sports betting](https://linkin.commoners.in/read-blog/25774_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) wagering."
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The commission has actually developed an in-house [Sports Betting](https://marketchat.in/read-blog/2596_online-betting-firms-gamble-on-soccer-mad-nigeria.html) Intelligence Unit to get and distribute info to sporting authorities, [sports betting](http://experienciacortazar.com.ar/wiki/index.php?title=Usuario:WilfredNall1) companies and policing authorities.
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"Since 2007 we have experienced a substantial insight into world of corrupt [sports betting](https://www.proathletediscuss.com/read-blog/419_how-to-withdraw-from-bet9ja-8-step-guide-to-money-in-your-wins.html)," he states.
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"We will inform [sports betting](https://wavedream.wiki/index.php/User:LindseyColon) of our issues, to help avoid or curtail [prohibited] activity"
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In May 2010, the commission likewise introduced a personal 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 period there has actually been just one prosecution, a 24-year-old man who was cautioned for cheating in relation to greyhound racing.
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However, Mr Tofiluk states there are still 8 ongoing investigations, which much beneficial details has actually also been passed to [sports betting](https://wolvesbaneuo.com/wiki/index.php/User:TylerWilliford) authorities.
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He stated that where an investigation by a sport governing body was quicker, and more cost reliable, then the commission would consider stopping a criminal investigation "in favour of letting [sports betting](https://olps.co.za/wiki/User:MickiePridgen) governing bodies take the lead".
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Meanwhile, he says numerous of those seeking to cheat the [sports betting](https://linkin.commoners.in/read-blog/25784_things-you-need-to-learn-about-rafting-adventures.html) market were educated about [sports betting](http://www.engel-und-waisen.de/index.php/Benutzer:LudieJanzen7458) and sporting individuals, and about wagering operations and the movement of money.
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"They look for the vulnerabilities of these to help in their business."
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Related web links
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World [sports betting](https://mysuccessdarpan.com/read-blog/12326_enhance-your-business-opportunities-with-efficient-sports-apps.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
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The BBC is not responsible for the content of external websites.
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