commit 7fd4b002e024ad0ed568ea91cee1b8bff145b04f Author: mittiewithnell Date: Tue Dec 31 09:40:16 2024 +0100 Add Sport Betting Industry Wants To Protect Itself 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..3d40ee2 --- /dev/null +++ b/Sport-Betting-Industry-Wants-To-Protect-Itself.md @@ -0,0 +1,69 @@ +[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
Sport [sports betting](https://mixup.wiki/index.php/User:MarleneCall) industry aims to secure 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://friendza.enroles.com/read-blog/31585_things-you-need-to-understand-about-rafting-adventures.html) on sport is substantial company.
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Sport England approximates the value of costs on sport-related gaming in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.
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And that figure is 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 & the general worldwide gaming market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://pittsburghpenguinsclub.com/read-blog/11628_things-you-need-to-learn-about-rafting-adventures.html) gaming.
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But when the stability of [occasions](https://moonifie.com/read-blog/1407_just-how-much-are-americans-investing-in-sports-betting.html) are hit the gaming market suffers, and incomes are put under threat if consumers can not bet 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 speak about the [sports betting](https://drapia.org/11-WIKI/index.php/User:ErinMacfarlane7) market now.
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"Not only is it a significant market in world service, it is one that is now on the front pages of newspapers."
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Four Pakistan cricketers have actually been questioned by authorities over spot-fixing claims relating to a test against England at Lord's last month.
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Three of these gamers have said they will likewise challenge the corruption charges installed 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 allegations, but was banned recently for 6 months for stopping working to report the illegal technique to him to throw frames.
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There are likewise 2 other continuing investigations - 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 biggest online sporting exchanges.
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"If the sport is viewed as honest, straight and reasonable that is good for [sports betting](https://higgledy-piggledy.xyz/index.php/User:ClintCammack261) companies because people will invest money [sports betting](https://social.stssconstruction.com/read-blog/21036_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) with self-confidence," he states.
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"If you take the Pakistan claims, although unassociated to the UK managed [sports betting](https://social.stssconstruction.com/read-blog/21043_the-ins-and-outs-of-betting-on-the-nfl-draft.html) industry ... it is not really a favorable story for wagering in the UK.
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"That is due to the fact that the perception is that 'cricket is now something we might need 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://wiki.monnaie-libre.fr/wiki/Utilisateur:Vonnie9566) Law Report conference into [sports betting](https://truthbook.social/read-blog/8331_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html), the focus has to be on sportsmen and sportswomen.
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As Simon Taylor of the Professional Players' Federation explains: "The only people who can fix a match are the rivals or the referee."
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His organisation represents males and females in 15 [sports betting](https://linkin.commoners.in/read-blog/25784_things-you-need-to-learn-about-rafting-adventures.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 insufficient to simply have deterrents, sanctions and disciplinary procedures, however that the method to tackle possible issues around players is also through education.
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Mr Taylor says guidelines require to be explained clearly to players with clear examples, and by people they respect.
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"Through informing players about [sports betting](https://mysuccessdarpan.com/read-blog/12326_enhance-your-business-opportunities-with-efficient-sports-apps.html) you reinforce integrity and that remains in everybody's interest," he includes.
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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 suggestions at the Football Association, concurs.
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"Prevention is better than treatment, and we also make a point of informing gamers 'you are going to be captured'."
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"It is crucial that sport is straight, and is seen to be straight," he adds.
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"If it loses that then people don't desire to bet, that is not in gambling companies' interests, and it is not in our interests."
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He stated that as soon as a good track record was lost, the damage to a sport was "enormous".
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FA guidelines mean players are not enabled to bank on a competition in which they are involved.
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Mr Johnson says players need to be seen not to be capitalizing any inside understanding, which he states could trigger "brand name damage" to football and its competitors.
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So, even a Second Division player knocked out of the FA Cup in the autumn can not bank on a Manchester United v Chelsea cup last the following spring.
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"We have to get over to gamers the reputational threat to the video game," he says. "Once self-confidence has been damaged it is tough to get it back - mud sticks."
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'Overwhelmingly legal'
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If this represents the "carrot" technique, then possibly 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 manage industrial gaming in Great Britain.
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An ex-chief constable of West Midlands authorities, 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 frustrating bulk of [sports betting](https://surgiteams.com/index.php/User:ClaudioAlberts) wagering happening 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 outcome of a sporting occasion.
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"Such cheating has the possible to weaken the stability of a sport, and it likewise harms the business interests of [sports betting](https://jamboz.com/read-blog/181_the-ins-and-outs-of-betting-on-the-nfl-draft.html) bodies and [sports betting](https://origintraffic.com/read-blog/1698_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html)."
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The commission has actually established an in-house [Sports Betting](https://whoosmind.com/read-blog/33260_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) Intelligence Unit to get and share information to sporting authorities, [sports betting](https://twixxor.com/read-blog/8915_for-sports-gambling-to-be-legalised.html) firms and policing authorities.
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"Since 2007 we have experienced a significant insight into world of corrupt [sports betting](https://wiki.whenparked.com/User:LuigiVeitch21) wagering," he says.
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"We will notify [sports betting](https://wiki.tld-wars.space/index.php/Utilisateur:GeorgiaEsters6) of our concerns, to help avoid or cut [prohibited] activity"
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In May 2010, the commission likewise introduced a confidential 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 been just one criminal prosecution, a 24-year-old man who was cautioned for unfaithful in relation to greyhound racing.
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However, Mr Tofiluk says there are still 8 continuous investigations, and that much helpful information has actually likewise been passed to [sports betting](https://pittsburghpenguinsclub.com/read-blog/11536_sport-betting-industry-looks-to-protect-itself.html) 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 think about terminating a criminal examination "in favour of letting [sports betting](https://pipewiki.org/wiki/index.php/User:MarissaC36) governing bodies take the lead".
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Meanwhile, he states much of those wanting to cheat the [sports betting](https://chateando.net/read-blog/227_compare-amp-review-oddsjet-de.html) industry were experienced about [sports betting](https://kiwiboom.com/read-blog/1816_for-sports-gambling-to-be-legalised.html) and sporting individuals, and about [sports betting](https://d9talks.site/read-blog/1245_things-you-need-to-learn-about-rafting-adventures.html) operations and the movement of cash.
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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://octomo.co.uk/read-blog/6500_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
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BLP
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Gambling Commission
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The BBC is not accountable for the material of external sites.
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