From a75d0796b2f0368eda6c55f0fd8ac14dd1f35170 Mon Sep 17 00:00:00 2001 From: roytiffany5034 Date: Tue, 31 Dec 2024 18:56:03 +0800 Subject: [PATCH] Add Sport Betting Industry Looks To Protect Itself --- ...etting-Industry-Looks-To-Protect-Itself.md | 68 +++++++++++++++++++ 1 file changed, 68 insertions(+) create mode 100644 Sport-Betting-Industry-Looks-To-Protect-Itself.md diff --git a/Sport-Betting-Industry-Looks-To-Protect-Itself.md b/Sport-Betting-Industry-Looks-To-Protect-Itself.md new file mode 100644 index 0000000..41eb1ce --- /dev/null +++ b/Sport-Betting-Industry-Looks-To-Protect-Itself.md @@ -0,0 +1,68 @@ +[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
Sport wagering industry looks 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://globalunitedspirits.com/read-blog/3467_things-you-need-to-learn-about-rafting-adventures.html) on sport is big service.
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Sport England estimates 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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Which figure is most likely to have actually grown further, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summertime.
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Meanwhile, German research study firm Sport & Markt approximates the general international gaming market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://iuridictum.pecina.cz/w/U%C5%BEivatel:MarilouLivingsto).
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But when the [stability](https://youslade.com/read-blog/41398_enhance-your-business-opportunities-with-efficient-sports-apps.html) of events are hit the gambling market suffers, and incomes are put under danger if clients can not wager with self-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 talks about the [sports betting](http://woorichat.com/read-blog/10277_things-you-need-to-learn-about-rafting-adventures.html) gambling market now.
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"Not just is it a considerable market in world business, 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 relating to a test against England at Lord's last month.
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Three of these players have stated they will likewise 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 allegations, but was prohibited last week for 6 months for failing to report the illegal approach to him to toss frames.
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There are likewise two other continuing examinations - not related 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 most significant online sporting exchanges.
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"If the sport is viewed as honest, straight and reasonable that is excellent for wagering companies since individuals will spend money [sports betting](https://sabiile.com/read-blog/2141_just-how-much-are-americans-spending-on-sports-betting.html) with self-confidence," he says.
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"If you take the Pakistan allegations, although unassociated to the UK managed wagering market ... it is not truly a favorable story for [sports betting](https://social.myschoolfriend.ng/read-blog/40753_how-fantasy-betting-app-development-companies-and-sports-developers.html) in the UK.
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"That is because 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](http://wiki.die-karte-bitte.de/index.php/Benutzer_Diskussion:StanleyBaughan) Law Report conference into [sports betting](https://younivix.com/read-blog/29902_the-ins-and-outs-of-betting-on-the-nfl-draft.html) gambling, 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://youtoosocialnetwork.com/read-blog/1259_online-betting-firms-gamble-on-soccer-mad-nigeria.html) in the UK, being an umbrella organisation for all player organisations, such as the Professional Footballers' Association.
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He thinks that it is insufficient to merely have deterrents, sanctions and disciplinary treatments, however that the method to take on prospective concerns around gamers is likewise through education.
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Mr Taylor states rules need to be described plainly to players with clear examples, and by individuals they respect.
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"Through educating gamers about [sports betting](https://bundas24.com/read-blog/175547_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) wagering you strengthen stability which is in everybody'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 regulative legal guidance at the Football Association, concurs.
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"Prevention is better than cure, and we likewise make a point of telling gamers 'you are going to be caught'."
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"It is essential that sport is straight, and is seen to be directly," he includes.
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"If it loses that then people do not want 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 an excellent credibility was lost, the damage to a sport was "enormous".
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FA guidelines suggest players are not to bet on a competitors in which they are included.
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Mr Johnson states players have to be seen not to be capitalizing any inside knowledge, which he states might cause "brand name damage" to football and its [competitors](https://wiki.snooze-hotelsoftware.de/index.php?title=Benutzer:ShaunDuesbury58).
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So, even a Second Division player knocked out of the FA Cup in the autumn can not bet on a Manchester United v Chelsea cup final the following spring.
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"We need to overcome to players the reputational threat to the game," he says. "Once confidence has actually 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 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 regulate business [sports betting](https://twixxor.com/read-blog/8929_just-how-much-are-americans-investing-in-sports-betting.html) in Great Britain.
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An ex-chief constable of West Midlands police, Mr Tofiluk has duty for policing all [sports betting](https://iuridictum.pecina.cz/w/U%C5%BEivatel:NoeWestgarth) in the UK apart from spread wagering, which is the remit of the FSA.
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"The overwhelming bulk of [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:NoeC88089893) 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 outcome of a sporting occasion.
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"Such cheating has the prospective to undermine the integrity of a sport, and it also damages the commercial interests of [sports betting](https://unightlifetalk.site/read-blog/2618_how-are-betting-odds-calculated.html) bodies and [sports betting](https://blablasell.com/read-blog/11896_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html)."
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The commission has established an in-house [Sports Betting](https://jamboz.com/read-blog/154_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) Intelligence Unit to receive and share details to sporting authorities, wagering firms and policing authorities.
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"Since 2007 we have experienced a considerable insight into world of corrupt [sports betting](https://nana22.com/read-blog/2754_enhance-your-business-opportunities-with-efficient-sports-apps.html) wagering," he says.
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"We will signal [sports betting](https://personal.spaces.one/read-blog/3099_how-are-betting-odds-calculated.html) 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 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 just one prosecution, a 24-year-old male who was cautioned for cheating in relation to greyhound racing.
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However, Mr Tofiluk says there are still eight ongoing examinations, which much helpful details has actually likewise been passed to [sports betting](https://ai.tienda/read-blog/7274_just-how-much-are-americans-investing-in-sports-betting.html) authorities.
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He said that where an examination by a sport governing body was quicker, and more expense efficient, then the commission would think about ceasing a criminal examination "in favour of letting [sports betting](https://iuridictum.pecina.cz/w/U%C5%BEivatel:NoeWestgarth) governing bodies take the lead".
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Meanwhile, he states a number of those wanting to cheat the [sports betting](https://tartar.app/read-blog/1708_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.html) wagering industry were experienced about [sports betting](https://wow.twinear.com/read-blog/1003_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) and sporting individuals, and about [sports betting](https://socialsmerch.com/read-blog/10546_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) operations and the motion 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://www.grandtribunal.org/wiki/User:BerryLovejoy82) 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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