commit c3c5beb52cdb83deb721dc1914ac1fe1fb529198 Author: reubenrivas719 Date: Tue Dec 31 14:59:28 2024 +0900 Update 'Sport Betting Industry Seeks To Protect Itself' diff --git a/Sport-Betting-Industry-Seeks-To-Protect-Itself.md b/Sport-Betting-Industry-Seeks-To-Protect-Itself.md new file mode 100644 index 0000000..ce6c037 --- /dev/null +++ b/Sport-Betting-Industry-Seeks-To-Protect-Itself.md @@ -0,0 +1,68 @@ +[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
Sport wagering market 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://wiki.vifm.info/index.php/User:DannieSmyth5774) on sport is huge company.
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Sport England approximates the value of spending 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 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 overall global gambling market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://origintraffic.com/read-blog/1698_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) gaming.
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But when the stability of events are struck the gambling industry suffers, and revenues are put under danger if clients can not bet with self-confidence.
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And there can have been couple of higher-profile sport [sports betting](https://projectblueberryserver.com/index.php/User:EnriquetaMais99) 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://palkwall.com/read-blog/27707_how-are-betting-odds-calculated.html) market now.
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"Not only is it a considerable 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 associating with a test versus England at Lord's last month.
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Three of these gamers have stated 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 claims, but was prohibited last week for six months for failing to report the unlawful technique to him to throw frames.
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There are also 2 other continuing examinations - not associated to Mr Higgins - into snooker.
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'Honest'
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David O'Reilly is legal counsel for Betfair, among the UK's greatest online sporting exchanges.
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"If the sport is viewed as truthful, straight and reasonable that is great for wagering firms since individuals will invest cash wagering with self-confidence," he says.
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"If you take the Pakistan allegations, although unrelated 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 need 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://chat.app8station.com/read-blog/3367_enhance-your-business-opportunities-with-efficient-sports-apps.html) Law Report conference into [sports betting](https://sabiile.com/read-blog/2140_sport-betting-industry-seeks-to-protect-itself.html), the focus needs to be on sportspersons 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://seenoor.com/read-blog/439_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.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 not adequate to simply have deterrents, sanctions and disciplinary treatments, but that the method to tackle possible concerns around players is also through education.
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Mr Taylor states guidelines require to be described clearly to gamers with clear examples, and by individuals they respect.
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"Through educating gamers about [sports betting](https://www.athleticzoneforum.com/read-blog/749_why-every-cricket-fan-need-to-try-the-all-cricket-id-gaming-platform.html) you strengthen stability which is in everyone's interest," he includes.
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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 suggestions at the Football Association, concurs.
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"Prevention is better than remedy, and we likewise make a point of telling players 'you are going to be captured'."
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"It is important that sport is straight, and is seen to be straight," he adds.
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"If it loses that then people don't wish to bet, that is not in gambling firms' interests, and it is not in our interests."
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He stated that as soon as a great was lost, the damage to a sport was "enormous".
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FA rules indicate gamers are not enabled to bank on a competition in which they are included.
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Mr Johnson says gamers have actually to be seen not to be cashing in on any inside understanding, which he states might cause "brand damage" to football and its competitions.
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So, even a 2nd Division gamer knocked out of the FA Cup in the fall can not bank on a Manchester United v Chelsea cup last the following spring.
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"We have to overcome to gamers the reputational threat to the game," he says. "Once 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" method, then perhaps Nick Tofiluk, director of policy at the Gambling Commission, represents the "stick".
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The Gambling Commission was set up under the Gambling Act 2005 to regulate business [sports betting](https://heli.today/read-blog/63_how-to-attract-users-to-my-fantasy-sports-platform.html) 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 [sports betting](https://zapzclubhouse.com/read-blog/2777_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html), which is the remit of the FSA.
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"The frustrating majority of [sports betting](http://www.engel-und-waisen.de/index.php/Benutzer:LudieJanzen7458) wagering occurring through UK operators is legal and fair," he states.
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"But for some there is the temptation to ... corruptly disrupt the outcome of a sporting occasion.
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"Such cheating has the prospective to weaken the stability of a sport, and it likewise damages the commercial interests of [sports betting](https://wiki.rrtn.org/wiki/index.php/User:EthanBlackwelder) bodies and [sports betting](https://connectingsparks.com/read-blog/25122_why-every-cricket-fan-need-to-try-the-all-cricket-id-gaming-platform.html) wagering."
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The commission has established an internal [Sports Betting](https://wiki.tld-wars.space/index.php/Utilisateur:EveretteCuller) Intelligence Unit to get and disseminate details to sporting authorities, [sports betting](https://wiki.vst.hs-furtwangen.de/wiki/User:RafaelaOlden072) firms and policing authorities.
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"Since 2007 we have actually experienced a substantial insight into world of corrupt [sports betting](https://infinirealm.com/read-blog/8242_how-are-betting-odds-calculated.html)," he says.
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"We will signal [sports betting](https://hcsxy2024.com/read-blog/2048_sport-betting-industry-seeks-to-protect-itself.html) of our concerns, to assist avoid or cut [illegal] activity"
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In May 2010, the commission likewise presented a private telephone hotline for those with information 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 prosecution, a 24-year-old man who was cautioned for unfaithful in relation to greyhound racing.
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However, Mr Tofiluk states there are still eight ongoing examinations, which much helpful information has likewise been passed to [sports betting](https://bdstarter.com/how-are-betting-odds-calculated/) authorities.
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He stated that where an investigation by a sport governing body was quicker, and more expense reliable, then the commission would consider ceasing a criminal examination "in favour of letting [sports betting](https://chatkc.com/read-blog/488_just-how-much-are-americans-investing-in-sports-betting.html) governing bodies take the lead".
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Meanwhile, he says much of those wanting to cheat the [sports betting](http://touringtreffen.nl/read-blog/2366_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) industry were knowledgeable about [sports betting](https://mixup.wiki/index.php/User:MarleneCall) and sporting people, and about wagering operations and the motion of money.
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"They look for out the vulnerabilities of these to help in their enterprises."
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Related internet links
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World [sports betting](https://truthbook.social/read-blog/8702_sport-betting-industry-wants-to-protect-itself.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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