commit 46e01c6dbb03ef399e6be642d45f265e70d55ddd Author: carola53099008 Date: Thu Jan 2 10:01:14 2025 +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..86413d6 --- /dev/null +++ b/Sport-Betting-Industry-Wants-To-Protect-Itself.md @@ -0,0 +1,68 @@ +[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
Sport wagering industry 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://richonline.club/read-blog/3451_how-much-are-americans-spending-on-sports-betting.html) on sport is big organization.
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Sport England the value 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 summertime.
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Meanwhile, German research company Sport & Markt approximates the general worldwide gaming market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://lets.chchat.me/read-blog/1975_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) gaming.
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But when the integrity of occasions are hit the gambling industry suffers, and profits are put under hazard if consumers can not wager with 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 speak about the [sports betting](https://ixoye.do/read-blog/1072_how-to-play-bet9ja-online.html) 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 newspapers."
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Four Pakistan cricketers have been questioned by police over spot-fixing allegations relating to a test versus England at Lord's last month.
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Three of these players have stated they will also 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 champion John Higgins was cleared of match-fixing claims, however was banned recently for 6 months for stopping working to report the illegal method to him to throw frames.
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There are also two other continuing investigations - not associated 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 greatest online sporting exchanges.
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"If the sport is viewed as honest, straight and reasonable that benefits wagering companies because people will spend money wagering with self-confidence," he says.
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"If you take the Pakistan allegations, although unassociated to the UK controlled wagering market ... it is not really a positive story for [sports betting](https://energypowerworld.co.uk/read-blog/144792_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) in the UK.
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"That is since the understanding is that 'cricket is now something we may have to be mindful 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 specialists at a World [sports betting](https://jamboz.com/read-blog/137_sport-betting-industry-wants-to-protect-itself.html) Law Report conference into [sports betting](https://superappsocial.com/read-blog/1536_the-ins-and-outs-of-betting-on-the-nfl-draft.html), the focus needs to be on sportspersons and sportswomen.
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As Simon Taylor of the Professional Players' Federation points out: "The only individuals 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://maxmeet.ru/read-blog/79_warner-bros-discovery-sets-stage-for-potential-cable-deal-by) 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 not adequate to merely have deterrents, sanctions and disciplinary procedures, but that the way to take on prospective issues around players is also through education.
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Mr Taylor says rules need to be discussed clearly to gamers with clear examples, and by individuals they respect.
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"Through educating gamers about [sports betting](https://idaivelai.com/read-blog/62_sport-betting-industry-seeks-to-protect-itself.html) wagering you reinforce stability and that is in everybody's interest," he adds.
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"If gamers are harder 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 suggestions at the Football Association, concurs.
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"Prevention is better than cure, and we also make a point of informing players 'you are going to be caught'."
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"It is vital that sport is straight, and is seen to be straight," he includes.
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"If it loses that then people don't wish to wager, that is not in [sports betting](https://youslade.com/read-blog/41508_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.html) companies' interests, and it is not in our interests."
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He said that when an excellent track record was lost, the damage to a sport was "enormous".
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FA rules suggest players are not allowed 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 cashing in on any inside understanding, which he states could cause "brand name damage" to football and its competitions.
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So, even a 2nd 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 have to overcome to gamers the reputational risk to the video game," he states. "Once self-confidence has been harmed it is hard to get it back - mud sticks."
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'Overwhelmingly legal'
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If this represents the "carrot" method, then possibly 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 [sports betting](https://alapcari.com/read-blog/1252_for-sports-gambling-to-be-legalised.html) in Great Britain.
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An ex-chief constable of West Midlands police, Mr Tofiluk has duty for policing all betting 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://sossnet.com/read-blog/20552_just-how-much-are-americans-spending-on-sports-betting.html) happening through UK operators is legal and fair," he says.
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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 stability of a sport, and it likewise harms the commercial interests of [sports betting](https://social.mirrororg.com/read-blog/7671_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) bodies and [sports betting](https://nexthub.live/read-blog/79_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) wagering."
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The commission has actually established an in-house [Sports Betting](https://sportysocialspace.com/read-blog/12004_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.html) Intelligence Unit to receive and disseminate details to sporting authorities, wagering companies and policing authorities.
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"Since 2007 we have actually experienced a substantial insight into world of corrupt [sports betting](https://ozoms.com/read-blog/10109_how-to-play-bet9ja-online.html) wagering," he says.
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"We will alert [sports betting](https://wiki.tld-wars.space/index.php/Utilisateur:GeorgiaEsters6) of our concerns, to assist avoid or curtail [illegal] activity"
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In May 2010, the commission likewise presented a confidential telephone hotline for those with details 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 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 continuous examinations, and that much useful information has also been passed to [sports betting](https://youslade.com/read-blog/41363_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) authorities.
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He stated that where an investigation by a sport governing body was quicker, and more cost effective, then the commission would think about stopping a criminal examination "in favour of letting [sports betting](https://gamehiker.com/wiki/index.php/User:JWSNoe0456093) governing bodies take the lead".
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Meanwhile, he states many of those aiming to cheat the [sports betting](http://africa2063.iambrandsdev.com/read-blog/6491_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) market were well-informed about [sports betting](https://bvbborussiadortmundfansclub.com/read-blog/6472_missouri-sports-betting-ballot-measure-approved-by-voters.html) and sporting people, and about [sports betting](https://idaivelai.com/read-blog/11_the-history-of-the-nfl-and-how-to-bank-on-it.html) operations and the motion of cash.
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"They look for out the vulnerabilities of these to help in their business."
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Related internet links
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World [sports betting](https://miderde.de/index.php?title=Benutzer:ElmoHuonDeKermad) 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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