From 95936fee0e356f8a1e7446893a46aa1d8710793c Mon Sep 17 00:00:00 2001 From: Jasmine Nielson Date: Wed, 15 Jan 2025 16:22:49 -0800 Subject: [PATCH] Add Sport Betting Industry Wants To Protect Itself --- ...etting-Industry-Wants-To-Protect-Itself.md | 68 +++++++++++++++++++ 1 file changed, 68 insertions(+) create mode 100644 Sport-Betting-Industry-Wants-To-Protect-Itself.md diff --git a/Sport-Betting-Industry-Wants-To-Protect-Itself.md b/Sport-Betting-Industry-Wants-To-Protect-Itself.md new file mode 100644 index 0000000..33ef4ca --- /dev/null +++ b/Sport-Betting-Industry-Wants-To-Protect-Itself.md @@ -0,0 +1,68 @@ +[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
Sport wagering industry seeks to protect itself
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
16 September 2010
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By Bill Wilson
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Business press reporter, BBC News
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Betting on sport is substantial business.
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Sport England estimates the worth of spending on sport-related [sports betting](https://www.ayuujk.com/read-blog/89_just-how-much-are-americans-investing-in-sports-betting.html) 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 estimated ₤ 1bn bet on the World Cup alone in the UK this summer season.
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Meanwhile, German research study firm Sport & Markt estimates the general international [sports betting](https://www.contraband.ch/read-blog/41672_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://hyped4gamers.com/read-blog/2415_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html).
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But when the integrity of occasions are hit the [sports betting](http://www.mizmiz.de/read-blog/83298_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) market suffers, and earnings are put under risk if clients can not bet with confidence.
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And there can have been couple of higher-profile sport wagering 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 speak about the [sports betting](https://demo.wowonderstudio.com/read-blog/2604_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) gambling 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 police 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 prohibited recently for 6 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 sincere, straight and reasonable that benefits [sports betting](https://aquirola.com.br/read-blog/7871_for-sports-gambling-to-be-legalised.html) companies due to the fact that individuals will spend money [sports betting](https://friendza.enroles.com/read-blog/31651_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.html) with confidence," he says.
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"If you take the Pakistan accusations, although unrelated to the UK controlled wagering market ... it is not really a favorable story for wagering in the UK.
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"That is due to the fact that the understanding is that 'cricket is now something we may have to take care 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 experts at a World [sports betting](https://accc.rcec.sinica.edu.tw/mediawiki/index.php?title=User:AguedaNeubauer) Law Report conference into [sports betting](https://aijoining.com/read-blog/188_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 points out: "The only people who can repair a match are the competitors or the referee."
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His organisation represents males and females in 15 [sports betting](https://www.postarticlenow.com/best-u-s-sports-betting-sites-sportsbooks-for-2024/) 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 not enough to merely have deterrents, sanctions and disciplinary treatments, however that the way to tackle potential issues around players is likewise through education.
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Mr Taylor says rules require to be explained plainly to gamers with clear examples, and by individuals they appreciate.
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"Through educating players about [sports betting](https://friends.win/read-blog/21362_compare-amp-review-oddsjet-de.html) wagering you enhance stability and that is in everyone's interest," he adds.
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"If gamers 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 recommendations at the Football Association, agrees.
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"Prevention is much better than treatment, and we also make a point of telling players 'you are going to be captured'."
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"It is vital that sport is straight, and is seen to be straight," he includes.
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"If it loses that then individuals don't wish to bet, that is not in gambling companies' interests, and it is not in our interests."
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He stated that when a good was lost, the damage to a sport was "enormous".
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FA guidelines suggest players are not allowed to bet on a competitors in which they are included.
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Mr Johnson states players need to be seen not to be cashing in on any inside understanding, which he says might trigger "brand damage" to football and its competitors.
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So, even a 2nd Division gamer knocked out of the FA Cup in the fall can not bet on a Manchester United v Chelsea cup last the following spring.
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"We need to get over to gamers the reputational danger to the game," he says. "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 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 control business gambling in Great Britain.
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An ex-chief constable of West Midlands police, Mr Tofiluk has duty for policing all wagering in the UK apart from spread [sports betting](http://kitsap.whigdev.com/read-blog/3107_just-how-much-are-americans-investing-in-sports-betting.html), which is the remit of the FSA.
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"The overwhelming majority of [sports betting](https://wutdawut.com/read-blog/13992_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) wagering taking place through UK operators is legal and reasonable," he states.
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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 likewise damages the commercial interests of [sports betting](https://www.social.united-tuesday.org/read-blog/19508_how-to-withdraw-from-bet9ja-8-step-guide-to-cash-in-your-wins.html) bodies and [sports betting](http://milkywaystars.site/read-blog/3029_compare-amp-review-oddsjet-de.html) wagering."
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The commission has established an internal [Sports Betting](https://www.miptrucking.net/read-blog/1277_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) Intelligence Unit to receive and share details to sporting authorities, wagering firms and policing authorities.
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"Since 2007 we have actually experienced a substantial insight into world of corrupt [sports betting](https://wiki.armello.com/index.php/User:LizaMorell7654)," he states.
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"We will notify [sports betting](https://forum.subchems.com/read-blog/3855_how-are-betting-odds-calculated.html) of our issues, to help avoid or curtail [prohibited] 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 been simply 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 says there are still 8 ongoing examinations, which much beneficial info has actually also been passed to [sports betting](https://wiki.armello.com/index.php/User:FranciscaPelensk) authorities.
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He said that where an examination by a sport governing body was quicker, and more expense effective, then the commission would think about stopping a criminal examination "in favour of letting [sports betting](https://krazzykross.com/read-blog/1490_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) governing bodies take the lead".
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Meanwhile, he states numerous of those aiming to cheat the [sports betting](https://www.kuyasia.com/read-blog/70_sport-betting-industry-aims-to-protect-itself.html) wagering market were educated about [sports betting](https://humlog.social/read-blog/21629_best-u-s-sports-betting-sites-amp-sportsbooks-for-2024.html) and sporting people, and about wagering operations and the movement of money.
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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://tygerspace.com/read-blog/448_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.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
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BLP
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Gambling Commission
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) \ No newline at end of file