commit fc7296d823d930c92a45b73bd2daf0a4e74fef3d Author: constanceprint Date: Tue Dec 31 04:04:26 2024 +0800 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..2fbf714 --- /dev/null +++ b/Sport-Betting-Industry-Seeks-To-Protect-Itself.md @@ -0,0 +1,69 @@ +[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
Sport [sports betting](https://cheere.org/read-blog/36302_things-you-need-to-understand-about-rafting-adventures.html) market aims 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://www.sportpassionhub.com/read-blog/1442_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) on sport is substantial service.
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Sport England estimates the worth of spending on sport-related gambling 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 approximated ₤ 1bn bet on the World Cup alone in the UK this summer.
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Meanwhile, German research study firm Sport & Markt estimates the general global gambling market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://cheere.org/read-blog/36282_for-sports-gambling-to-be-legalised.html).
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But when the integrity of events are hit the gambling industry suffers, and earnings are put under threat if [customers](https://www.yewiki.org/User:BernieWaddy0115) can not bet with confidence.
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And there can have been couple of higher-profile sport [sports betting](https://we2chat.net/read-blog/26326_sport-betting-industry-wants-to-protect-itself.html) 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 discuss the [sports betting](https://chessdatabase.science/wiki/User:LucileD47568) 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 papers."
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Four Pakistan cricketers have actually been questioned by police over spot-fixing allegations connecting to a test versus England at Lord's last month.
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Three of these players have actually stated 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 champion John Higgins was cleared of match-fixing allegations, however was banned recently for 6 months for stopping working to report the illegal method to him to toss frames.
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There are likewise two other continuing investigations - not related 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://dev.fleeped.com/read-blog/92_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) companies due to the fact that people will spend cash wagering with confidence," he says.
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"If you take the Pakistan accusations, although unrelated to the UK regulated [sports betting](https://dev.fleeped.com/read-blog/72_how-fantasy-betting-app-development-companies-and-sports-developers.html) market ... 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 have 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 experts at a World [sports betting](https://zapzclubhouse.com/read-blog/2777_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) Law Report conference into [sports betting](https://nuo18.lt/read-blog/68713_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html), the focus has to be on sportspersons and sportswomen.
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As Simon Taylor of the Professional Players' Federation mentions: "The only people who can repair a match are the rivals or the referee."
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His organisation represents males and females in 15 [sports betting](https://reckoningz.com/uk-betting-firms-gamble-on-us-after-sports-wager-ruling/) 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 not sufficient to merely have deterrents, sanctions and disciplinary treatments, however that the method to take on possible issues around players is also through education.
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Mr Taylor states guidelines require to be discussed clearly to gamers with clear examples, and by individuals they respect.
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"Through informing gamers about [sports betting](https://bdstarter.com/online-betting-firms-gamble-on-soccer-mad-nigeria-2/) you strengthen stability and that is in everybody's interest," he includes.
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"If gamers are more difficult 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 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 captured'."
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"It is essential that sport is straight, and is seen to be directly," he adds.
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"If it loses that then people don't wish to wager, 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 credibility was lost, the damage to a sport was "enormous".
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FA rules mean players are not permitted 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 capitalizing any inside knowledge, which he says could trigger "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 fall can not wager on a Manchester United v Chelsea cup last the following spring.
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"We have to overcome to gamers the reputational risk to the game," he says. "Once self-confidence has 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" approach, then maybe Nick Tofiluk, director of regulation at the Gambling Commission, represents the "stick".
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The Gambling Commission was set up under the Gambling Act 2005 to control commercial gambling in Great Britain.
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An ex-chief constable of West Midlands cops, Mr Tofiluk has duty for policing all wagering in the UK apart from spread wagering, which is the remit of the FSA.
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"The overwhelming majority of [sports betting](https://nana22.com/read-blog/2740_things-you-need-to-learn-about-rafting-adventures.html) occurring through UK operators is legal and reasonable," he states.
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"But for some there is the temptation to ... corruptly disrupt the outcome of a sporting event.
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"Such cheating has the potential to undermine the [integrity](https://netgork.com/read-blog/111615_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) of a sport, and it also hurts the commercial interests of [sports betting](https://namesdev.com/read-blog/15191_for-sports-gambling-to-be-legalised.html) bodies and [sports betting](https://bikapsul.com/read-blog/1441_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html)."
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The commission has established an internal [Sports Betting](https://rhabits.io/read-blog/7328_online-betting-firms-gamble-on-soccer-mad-nigeria.html) Intelligence Unit to get and share information to sporting authorities, wagering firms and policing authorities.
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"Since 2007 we have actually experienced a significant 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 notify [sports betting](https://globalabout.com/read-blog/16971_sport-betting-industry-aims-to-protect-itself.html) of our issues, to assist prevent or reduce [prohibited] activity"
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In May 2010, the commission likewise introduced 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 been simply one prosecution, a 24-year-old male who was warned for cheating in relation to greyhound racing.
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However, Mr Tofiluk says there are still eight ongoing examinations, which much useful information has likewise been passed to [sports betting](https://wow.t-mobility.co.il/read-blog/14_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) authorities.
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He stated that where an investigation by a sport governing body was quicker, and more expense effective, then the commission would consider discontinuing a criminal investigation "in favour of letting [sports betting](https://metacouture.co/read-blog/24268_the-ins-and-outs-of-betting-on-the-nfl-draft.html) governing bodies take the lead".
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Meanwhile, he says a number of those wanting to cheat the [sports betting](https://social.updum.com/read-blog/33_compare-amp-review-oddsjet-de.html) wagering industry were educated about [sports betting](https://social.oneworldonesai.com/read-blog/1629_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) and sporting people, and about wagering operations and the movement of cash.
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"They look for the vulnerabilities of these to assist in their ."
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Related internet links
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World [sports betting](https://demo.wowonderstudio.com/read-blog/2536_how-much-are-americans-investing-in-sports-betting.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
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
BLP
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Gambling Commission
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The BBC is not responsible for the material of external websites.
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