commit 2e7ac51c0aa70c694910893b85b4cacfcb7e97be Author: winfredrubin50 Date: Thu Jan 2 08:49:06 2025 +0800 Add 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..9329434 --- /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 industry looks to protect 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](https://customerscomm.com/read-blog/3718_how-to-attract-users-to-my-fantasy-sports-platform.html) on sport is big company.
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Sport England estimates the worth of costs on sport-related [sports betting](https://www.social.united-tuesday.org/read-blog/19480_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) 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](https://strimsocial.net/read-blog/20099_just-how-much-are-americans-investing-in-sports-betting.html) ₤ 1bn bet on the World Cup alone in the UK this summertime.
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Meanwhile, German research firm Sport & Markt approximates the total worldwide gaming market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://ifairy.world/read-blog/1571_best-u-s-sports-betting-sites-amp-sportsbooks-for-2024.html).
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But when the stability of occasions are hit the [sports betting](https://loveyou.az/read-blog/17320_things-you-need-to-understand-about-rafting-adventures.html) market suffers, and revenues are put under hazard if consumers can not bet with confidence.
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And there can have been couple of higher-profile sport [sports betting](https://farmwoo.com/read-blog/9538_sport-betting-industry-aims-to-protect-itself.html) 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://fishtanklive.wiki/User:Maddison44I) gambling market now.
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"Not just 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 accusations connecting to 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 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 banned last week for six months for stopping working to report the unlawful approach to him to toss frames.
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There are also 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 biggest online sporting exchanges.
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"If the sport is perceived as truthful, straight and fair that benefits wagering companies because individuals will invest money [sports betting](https://friendza.enroles.com/read-blog/31653_the-ins-and-outs-of-betting-on-the-nfl-draft.html) with self-confidence," he states.
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"If you take the Pakistan allegations, although unassociated to the UK managed wagering industry ... it is not truly a positive story for wagering 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 professionals at a World [sports betting](https://www.opentx.cz/index.php/U%C5%BEivatel:AlannaHamer89) Law Report conference into [sports betting](https://moonifie.com/read-blog/1424_how-are-betting-odds-calculated.html) 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 guys and ladies in 15 [sports betting](https://www.opentx.cz/index.php/U%C5%BEivatel:LouisGleason216) in the UK, being an umbrella organisation for all player organisations, such as the Professional Footballers' [Association](https://2flab.com/read-blog/845_things-you-need-to-know-about-rafting-adventures.html).
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He believes that it is inadequate to simply have deterrents, sanctions and disciplinary treatments, however that the way to tackle possible issues around players is likewise through education.
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Mr Taylor states guidelines require to be discussed plainly to gamers with clear examples, and by people they appreciate.
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"Through informing players about [sports betting](https://app.galaxiesunion.com/read-blog/13251_missouri-sports-betting-ballot-measure-approved-by-voters.html) you reinforce stability which remains in everybody's interest," he includes.
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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 guidance at the Football Association, agrees.
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"Prevention is much better than treatment, and we also make a point of informing players 'you are going to be captured'."
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"It is imperative that sport is straight, and is seen to be directly," he includes.
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"If it loses that then individuals don't desire 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 great reputation was lost, the damage to a sport was "incalculable".
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FA guidelines mean players are not enabled to bet on a competitors in which they are included.
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Mr Johnson says players have to be seen not to be cashing in on any inside understanding, which he says might trigger "brand damage" to football and its competitions.
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So, even a 2nd Division player out of the FA Cup in the fall can not bet on a Manchester United v Chelsea cup final the following spring.
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"We have to get over to gamers the reputational danger to the video game," he says. "Once self-confidence has been harmed it is tough to get it back - mud sticks."
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['Overwhelmingly](https://seenoor.com/read-blog/415_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) legal'
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If this represents the "carrot" approach, 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 gaming in Great Britain.
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An ex-chief constable of West Midlands authorities, Mr Tofiluk has responsibility for policing all [sports betting](https://southwales.com/read-blog/340_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) in the UK apart from spread wagering, which is the remit of the FSA.
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"The overwhelming majority 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:AlissaMartinez3) taking location through UK operators is legal and fair," he says.
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"But for some there is the temptation to ... corruptly disrupt the result of a sporting occasion.
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"Such cheating has the potential to undermine the stability of a sport, and it likewise hurts the [business](https://grade1d.smaportal.ae/read-blog/2434_just-how-much-are-americans-investing-in-sports-betting.html) interests of [sports betting](https://oeclub.org/index.php/User:KatriceLuu27) bodies and [sports betting](https://twixxor.com/read-blog/8945_why-every-cricket-fan-ought-to-try-the-all-cricket-id-gaming-platform.html) wagering."
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The commission has established an internal [Sports Betting](https://ai.holiday/read-blog/12046_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) Intelligence Unit to get and distribute details to sporting authorities, wagering firms and policing authorities.
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"Since 2007 we have actually experienced a considerable insight into world of corrupt [sports betting](https://sabiile.com/read-blog/2136_for-sports-gambling-to-be-legalised.html) wagering," he states.
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"We will alert [sports betting](https://drapia.org/11-WIKI/index.php/User:JanessaBroderick) of our issues, 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 info 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 criminal prosecution, a 24-year-old male who was cautioned for unfaithful in relation to greyhound racing.
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However, Mr Tofiluk says there are still 8 ongoing examinations, which much helpful details has likewise been passed to [sports betting](https://taar.me/read-blog/8434_the-ins-and-outs-of-betting-on-the-nfl-draft.html) authorities.
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He said that where an investigation by a sport governing body was quicker, and more expense effective, then the commission would consider ceasing a criminal examination "in favour of letting [sports betting](https://welcometohaiti.com/read-blog/18194_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) governing bodies take the lead".
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Meanwhile, he says a number of those seeking to cheat the [sports betting](https://napvibe.com/read-blog/3174_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) industry were well-informed about [sports betting](https://nubiantalk.site/read-blog/12416_how-much-are-americans-spending-on-sports-betting.html) and sporting people, and about wagering operations and the movement of money.
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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](http://classicalmusicmp3freedownload.com/ja/index.php?title=%E5%88%A9%E7%94%A8%E8%80%85:OdellReymond648) 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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