commit 07001fff4df13d8d02279ce43aac5c0aa8429bd9 Author: blaineofficer Date: Tue Dec 31 04:04:39 2024 +0000 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..37a8e83 --- /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://palkwall.com/read-blog/27716_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) industry seeks 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://melaninbook.com/read-blog/59385_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) on sport is substantial business.
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Sport England approximates the value of spending on sport-related [sports betting](https://wow.twinear.com/read-blog/980_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.
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Which figure is likely to have grown even more, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summer.
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Meanwhile, German research firm Sport & Markt estimates the general global gambling market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://mgnm.uk/read-blog/3150_why-every-cricket-fan-ought-to-try-the-all-cricket-id-gaming-platform.html).
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But when the stability of events are struck the gaming market suffers, and profits 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://realhindu.in/read-blog/21490_the-ins-and-outs-of-betting-on-the-nfl-draft.html) gambling market now.
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"Not just is it a substantial market in world company, it is one that is now on the front pages of newspapers."
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Four Pakistan cricketers have actually been questioned by police over spot-fixing accusations connecting to a test against England at Lord's last month.
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Three of these gamers have actually said they will also 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 accusations, however was prohibited recently for 6 months for failing to report the prohibited technique to him to toss frames.
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There are also two 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 biggest online sporting exchanges.
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"If the sport is perceived as sincere, straight and fair that benefits [sports betting](https://twixxor.com/read-blog/8917_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) firms due to the fact that people will invest money [sports betting](https://dev.fleeped.com/read-blog/52_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) with self-confidence," he states.
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"If you take the Pakistan allegations, although unassociated to the UK controlled [sports betting](https://demo.shoudyhosting.com/qtoa/?qa=86959/sports-minister-tracey-crouch-resigns-delay-betting-crackdown) market ... it is not actually a favorable story for wagering in the UK.
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"That is since the perception 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 prevent future scandals?
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According to specialists at a World [sports betting](https://reckoningz.com/warner-bros-discovery-sets-stage-for-potential-cable-deal-by/) Law Report conference into [sports betting](https://wiki.vst.hs-furtwangen.de/wiki/User:DouglasDuggan27) gambling, 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 rivals or the referee."
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His organisation represents males and females in 15 [sports betting](https://twixxor.com/read-blog/8915_for-sports-gambling-to-be-legalised.html) in the UK, being an umbrella organisation for all gamer organisations, such as the Professional Footballers' Association.
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He thinks that it is inadequate to merely have deterrents, sanctions and disciplinary procedures, but that the method to tackle potential concerns around players is also through education.
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Mr Taylor states guidelines need to be described clearly to gamers with clear examples, and by people they appreciate.
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"Through informing players about [sports betting](https://accc.rcec.sinica.edu.tw/mediawiki/index.php?title=User:AlphonseQuam275) wagering you reinforce stability and that remains 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 advice at the Football Association, concurs.
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"Prevention is much better than cure, and we likewise make a point of telling players 'you are going to be caught'."
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"It is vital that sport is directly, and is seen to be straight," he adds.
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"If it loses that then individuals don't wish to bet, that is not in gaming companies' interests, and it is not in our interests."
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He said that when a good reputation was lost, the damage to a sport was "incalculable".
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FA rules mean gamers are not permitted to wager on a competition in which they are involved.
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Mr Johnson says gamers need to be seen not to be capitalizing any inside understanding, which he states might cause "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 autumn can not bet on a Manchester United v Chelsea cup last the following spring.
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"We have to get over to gamers the reputational danger to the game," he says. "Once self-confidence has 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" approach, then perhaps Nick Tofiluk, director of guideline at the Gambling Commission, represents the "stick".
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The Gambling Commission was set up under the Gambling Act 2005 to regulate commercial 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 majority of [sports betting](https://truthbook.social/read-blog/8350_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) taking place through UK operators is legal and reasonable," he says.
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"But for some there is the temptation to ... corruptly disrupt the result of a sporting event.
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"Such unfaithful has the possible to undermine the integrity of a sport, and it likewise harms the industrial interests of [sports betting](https://meta.mactan.com.br/read-blog/23869_how-much-are-americans-investing-in-sports-betting.html) bodies and [sports betting](https://tartar.app/read-blog/1730_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html)."
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The commission has actually developed an internal [Sports Betting](https://ai.ceo/read-blog/244282_missouri-sports-betting-ballot-measure-approved-by-voters.html) Intelligence Unit to get and disseminate details to sporting authorities, wagering companies and policing authorities.
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"Since 2007 we have actually experienced a considerable insight into world of corrupt [sports betting](https://youtoosocialnetwork.com/read-blog/1295_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html)," he states.
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"We will alert [sports betting](https://olps.co.za/wiki/User:TroyKitson07613) of our issues, to assist prevent or cut [unlawful] activity"
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In May 2010, the commission likewise introduced 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 actually been simply one criminal prosecution, a 24-year-old male who was cautioned for cheating in relation to greyhound racing.
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However, Mr Tofiluk states there are still eight continuous investigations, and that much beneficial info has likewise been passed to [sports betting](https://bbarlock.com/index.php/User:ADRRaul19479568) 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 ceasing a criminal investigation "in favour of letting [sports betting](https://parentingliteracy.com/wiki/index.php/User:ElijahClaudio) governing bodies take the lead".
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Meanwhile, he says much of those seeking to cheat the [sports betting](https://we2chat.net/read-blog/26467_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) wagering market were experienced about [sports betting](https://wiki.vifm.info/index.php/User:DannieSmyth5774) and sporting individuals, and about wagering operations and the motion of money.
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"They seek out the vulnerabilities of these to assist in their ."
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Related web links
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World [sports betting](http://www.vmeste-so-vsemi.ru/wiki/%D0%A3%D1%87%D0%B0%D1%81%D1%82%D0%BD%D0%B8%D0%BA:VivienFrasier86) 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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Gambling Commission
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The BBC is not responsible for the material of external sites.
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