commit 6a3be749f1b4a3d0d6c7fe7cea9ab6a11b8feab5 Author: lillianabeaure Date: Wed Jan 1 01:23:28 2025 +0000 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..31a1759 --- /dev/null +++ b/Sport-Betting-Industry-Seeks-To-Protect-Itself.md @@ -0,0 +1,69 @@ +
Sport wagering industry aims to safeguard 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](http://lifethelife.com/read-blog/4680_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) on sport is substantial organization.
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Sport England estimates the worth 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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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 approximates the general international betting market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://pittsburghpenguinsclub.com/read-blog/11536_sport-betting-industry-looks-to-protect-itself.html) gaming.
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But when the integrity of events are hit the gaming industry suffers, and incomes are put under threat if consumers can not wager with self-confidence.
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And there can have been couple of higher-profile sport betting 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 talks about the [sports betting](https://truthbook.social/read-blog/8702_sport-betting-industry-wants-to-protect-itself.html) gambling market now.
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"Not just is it a substantial market in world organization, it is one that is now on the front pages of newspapers."
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Four Pakistan cricketers have actually been questioned by cops over spot-fixing allegations associating with a test against England at Lord's last month.
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Three of these gamers have said 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 recently for 6 months for stopping working to report the prohibited technique to him to throw frames.
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There are likewise 2 other continuing examinations - unrelated 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 perceived as sincere, straight and fair that benefits [sports betting](https://realhindu.in/read-blog/21356_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) companies due to the fact that people will invest cash betting with self-confidence," he says.
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"If you take the Pakistan claims, although unassociated to the UK managed [sports betting](https://nana22.com/read-blog/2754_enhance-your-business-opportunities-with-efficient-sports-apps.html) market ... it is not really a positive story for betting in the UK.
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"That is since the understanding is that 'cricket is now something we may need 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 professionals at a World [sports betting](http://wiki.faramirfiction.com/index.php?title=User:LatriceBurger97) Law Report conference into [sports betting](https://kiigasofthub.com/read-blog/10096_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) gambling, the focus has to be on sportspersons and sportswomen.
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As Simon Taylor of the Professional Players' Federation explains: "The only individuals who can fix a match are the competitors or the referee."
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His organisation represents men and ladies in 15 [sports betting](http://ringturbine.com:80/index.php/User:SanfordCrotty4) in the UK, being an umbrella organisation for all player organisations, such as the Association.
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He thinks that it is insufficient to merely have deterrents, sanctions and disciplinary treatments, however that the way to tackle prospective issues around players is also through education.
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Mr Taylor states rules need to be explained plainly to players with clear examples, and by people they appreciate.
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"Through educating gamers about [sports betting](https://octomo.co.uk/read-blog/6500_enhance-your-business-opportunities-with-efficient-sports-apps.html) you enhance integrity and that remains in everyone's interest," he adds.
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"If players 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 regulative legal recommendations at the Football Association, agrees.
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"Prevention is much better than treatment, and we likewise make a point of telling players 'you are going to be captured'."
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"It is necessary that sport is straight, and is seen to be straight," he adds.
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"If it loses that then individuals don't desire to wager, that is not in betting firms' interests, and it is not in our interests."
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He said that when an excellent credibility was lost, the damage to a sport was "enormous".
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FA rules mean players are not enabled to wager on a competitors in which they are involved.
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Mr Johnson says gamers need to be seen not to be cashing in on any inside understanding, which he says might trigger "brand name damage" to football and its competitors.
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So, even a 2nd Division player knocked out of the FA Cup in the autumn can not bet on a Manchester United v Chelsea cup last the following spring.
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"We have to overcome to gamers the reputational danger to the game," he states. "Once self-confidence has been damaged it is difficult to get it back - mud sticks."
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'Overwhelmingly legal'
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If this represents the "carrot" technique, then maybe 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 manage industrial gaming in Great Britain.
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An ex-chief constable of West Midlands police, Mr Tofiluk has obligation for policing all wagering in the UK apart from spread [sports betting](http://ccrr.ru/read-blog/20847_the-history-of-the-nfl-and-how-to-bet-on-it.html), which is the remit of the FSA.
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"The overwhelming majority of [sports betting](https://systemcheck-wiki.de/index.php?title=Benutzer:AntwanBatts) taking location 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 result of a sporting occasion.
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"Such cheating has the prospective to undermine the integrity of a sport, and it likewise harms the business interests of [sports betting](https://meebeek.com/read-blog/1104_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) bodies and [sports betting](https://meta.mactan.com.br/read-blog/23684_just-how-much-are-americans-spending-on-sports-betting.html) wagering."
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The commission has actually established an internal [Sports Betting](https://truthbook.social/read-blog/8351_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.html) Intelligence Unit to receive and disseminate information to sporting authorities, betting firms and policing authorities.
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"Since 2007 we have experienced a substantial insight into world of corrupt [sports betting](https://d9talks.site/read-blog/1241_online-betting-firms-gamble-on-soccer-mad-nigeria.html)," he says.
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"We will notify [sports betting](https://sensualmarketplace.com/read-blog/6714_how-are-betting-odds-calculated.html) of our concerns, to help avoid or curtail [prohibited] activity"
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In May 2010, the commission also introduced a personal 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 duration there has actually been simply one prosecution, a 24-year-old guy who was cautioned for cheating in relation to greyhound racing.
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However, Mr Tofiluk states there are still 8 ongoing investigations, and that much helpful details has likewise been passed to [sports betting](https://energypowerworld.co.uk/read-blog/144393_start-off-winning-with-pcg-college-football-picks.html) authorities.
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He said that where an investigation by a sport governing body was quicker, and more cost effective, then the commission would think about stopping a criminal investigation "in favour of letting [sports betting](https://strimsocial.net/read-blog/19030_things-you-need-to-understand-about-rafting-adventures.html) governing bodies take the lead".
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Meanwhile, he says a lot of those seeking to cheat the [sports betting](https://social.instinxtreme.com/read-blog/13739_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) industry were well-informed about [sports betting](https://globalabout.com/read-blog/16973_enhance-your-business-opportunities-with-efficient-sports-apps.html) and sporting people, and about wagering operations and the motion of cash.
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"They look for the vulnerabilities of these to assist in their business."
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Related internet links
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World [sports betting](https://wooshbit.com/read-blog/18737_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.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 content of external websites.
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