From 600664105eead6669966b1ff14891394330d3f6c Mon Sep 17 00:00:00 2001 From: charlenen1423 Date: Thu, 13 Feb 2025 06:07:17 +0600 Subject: [PATCH] Add Sport Betting Industry Aims To Protect Itself --- ...Betting-Industry-Aims-To-Protect-Itself.md | 68 +++++++++++++++++++ 1 file changed, 68 insertions(+) create mode 100644 Sport-Betting-Industry-Aims-To-Protect-Itself.md diff --git a/Sport-Betting-Industry-Aims-To-Protect-Itself.md b/Sport-Betting-Industry-Aims-To-Protect-Itself.md new file mode 100644 index 0000000..18f30e8 --- /dev/null +++ b/Sport-Betting-Industry-Aims-To-Protect-Itself.md @@ -0,0 +1,68 @@ +
Sport [sports betting](https://chat.dimersoft.org/read-blog/4060_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) market wants to secure 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://spcreator.com/read-blog/12_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) on sport is big business.
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Sport England estimates the value 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 summertime.
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Meanwhile, German research study company Sport & Markt estimates the general international [sports betting](https://wiki.stura.htw-dresden.de/index.php?title=Benutzer:ShantellSolberg) market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://wiki.rolandradio.net/index.php?title=User:AlmaGillan6).
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But when the integrity of occasions are hit the gambling industry suffers, and revenues are put under threat 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://chat.dimersoft.org/read-blog/3947_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) market now.
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"Not just is it a substantial market in world service, it is one that is now on the front pages of papers."
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Four Pakistan cricketers have been questioned by authorities 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 installed against 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 claims, however was prohibited last week for six months for failing to report the illegal approach to him to throw frames.
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There are also 2 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 most significant online sporting exchanges.
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"If the sport is viewed as honest, straight and reasonable that is good for wagering firms since people will invest money [sports betting](https://chat.dimersoft.org/read-blog/4068_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) with confidence," he states.
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"If you take the Pakistan claims, although unassociated to the UK regulated wagering industry ... it is not truly a positive story for [sports betting](http://wiki.myamens.com/index.php/User:Charli8660) in the UK.
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"That is since 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](https://bnsgh.com/read-blog/626_how-to-withdraw-from-bet9ja-8-step-guide-to-cash-in-your-wins.html) Law Report conference into [sports betting](https://myquora.myslns.com/index.php?qa=82279&qa_1=sports-minister-tracey-crouch-resigns-over-betting-crackdown) gambling, the focus has to be on sportsmen 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 guys and females in 15 [sports betting](https://parikshagk.in/forum/index.php?qa=81797&qa_1=compare-%26-review-oddsjet-de) in the UK, being an umbrella organisation for all gamer organisations, such as the Professional Footballers' Association.
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He believes that it is insufficient to merely have deterrents, sanctions and disciplinary procedures, but that the method to take on possible problems around players is likewise through education.
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Mr Taylor says guidelines require to be discussed plainly to with clear examples, and by people they appreciate.
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"Through informing players about [sports betting](https://dubaiclub.shop/read-blog/271_how-fantasy-betting-app-development-companies-and-sports-developers.html) wagering you reinforce stability and that is 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 recommendations at the Football Association, concurs.
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"Prevention is much better than remedy, and we likewise make a point of informing gamers 'you are going to be caught'."
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"It is essential that sport is directly, and is seen to be straight," he adds.
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"If it loses that then individuals do not want to bet, that is not in gaming firms' interests, and it is not in our interests."
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He said that as soon as an excellent track record was lost, the damage to a sport was "enormous".
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FA guidelines indicate players are not allowed to bank on a competitors in which they are involved.
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Mr Johnson says players need to be seen not to be cashing in on any inside knowledge, which he says could cause "brand name damage" to football and its competitions.
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So, even a Second Division gamer knocked out of the FA Cup in the autumn can not bank on a Manchester United v Chelsea cup final the following spring.
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"We need to overcome to gamers the reputational threat 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 legal'
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If this represents the "carrot" method, then maybe Nick Tofiluk, director of regulation at the Gambling Commission, represents the "stick".
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The Gambling Commission was established under the Gambling Act 2005 to control business gaming in Great Britain.
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An ex-chief constable of West Midlands police, Mr Tofiluk has obligation for policing all betting in the UK apart from spread [sports betting](https://complexityzoo.net/User:MandyOden5), which is the remit of the FSA.
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"The frustrating majority of [sports betting](https://bleezlabs.com/demo/quora/adonis/index.php?qa=497689&qa_1=the-ins-and-outs-of-betting-on-the-nfl-draft) wagering happening 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 occasion.
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"Such unfaithful has the possible to weaken the integrity of a sport, and it likewise harms the business interests of [sports betting](https://spcreator.com/read-blog/14_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) bodies and [sports betting](https://bnsgh.com/read-blog/616_how-much-are-americans-spending-on-sports-betting.html) wagering."
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The commission has developed an in-house [Sports Betting](https://pyra-handheld.com/wiki/index.php?title=User:JohnettePethard) Intelligence Unit to receive and distribute details to sporting authorities, [sports betting](https://vodagram.com/index.php?link1=read-blog&id=432_best-u-s-sports-betting-sites-amp-sportsbooks-for-2024.html) firms and policing authorities.
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"Since 2007 we have actually experienced a substantial insight into world of corrupt [sports betting](https://petrolheads.co.za/read-blog/751_compare-amp-review-oddsjet-de.html) wagering," he says.
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"We will inform [sports betting](https://wiki.team-glisto.com/index.php?title=Benutzer:Margart1598) of our issues, to assist prevent or reduce [unlawful] activity"
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In May 2010, the commission likewise presented 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 duration there has been simply one 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 eight ongoing examinations, which much helpful info has actually likewise been passed to [sports betting](http://wiki.myamens.com/index.php/User:DwainSheppard45) authorities.
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He said that where an examination by a sport governing body was quicker, and more cost reliable, then the commission would think about stopping a criminal examination "in favour of letting [sports betting](https://wikibase.imfd.cl/wiki/User:KristianCumming) governing bodies take the lead".
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Meanwhile, he states a lot of those wanting to cheat the [sports betting](https://complexityzoo.net/User:SelinaMei291391) wagering industry were well-informed about [sports betting](https://wcipeg.com/wiki/User:LettieMcCormick) and sporting individuals, and about [sports betting](https://complexityzoo.net/User:MandyOden5) operations and the movement of money.
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"They look for the vulnerabilities of these to help in their business."
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Related internet links
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World [sports betting](https://dubaiclub.shop/read-blog/271_how-fantasy-betting-app-development-companies-and-sports-developers.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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