commit 46468a8ab5835f3f90f7b1639f5613b272195190 Author: pabloblocher6 Date: Tue Dec 31 11:54:06 2024 +0100 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..f5d03c1 --- /dev/null +++ b/Sport-Betting-Industry-Seeks-To-Protect-Itself.md @@ -0,0 +1,69 @@ +
Sport [sports betting](https://social.instinxtreme.com/read-blog/13725_how-to-attract-users-to-my-fantasy-sports-platform.html) market seeks 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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Betting on sport is huge business.
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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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And that figure is most likely to have grown even more, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summer season.
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Meanwhile, German research firm Sport & Markt estimates the total worldwide gaming market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://bytes-the-dust.com/index.php/User:Joanne00U00530) gambling.
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But when the stability of occasions are struck the [sports betting](https://accc.rcec.sinica.edu.tw/mediawiki/index.php?title=User:DortheaE34) industry suffers, and are put under danger if consumers can not bet 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 discuss the [sports betting](https://oolibuzz.com/read-blog/41714_sport-betting-industry-wants-to-protect-itself.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 actually been questioned by cops 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 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 champ John Higgins was cleared of match-fixing claims, however was banned last week for six months for failing to report the unlawful technique 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 is good for betting firms due to the fact that individuals will invest cash wagering with self-confidence," he states.
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"If you take the Pakistan claims, although unassociated to the UK controlled [sports betting](https://learn.ivlc.com/read-blog/61_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) market ... it is not actually a positive story for wagering in the UK.
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"That is since the perception is that 'cricket is now something we might have to beware 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://wooshbit.com/read-blog/18737_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) Law Report conference into [sports betting](https://social.myschoolfriend.ng/read-blog/40777_the-ins-and-outs-of-betting-on-the-nfl-draft.html) gambling, the focus has to be on sportsmen and sportswomen.
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As Simon Taylor of the Professional Players' Federation mentions: "The only individuals who can repair a match are the competitors or the referee."
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His organisation represents males and women in 15 [sports betting](https://iuridictum.pecina.cz/w/U%C5%BEivatel:NoeWestgarth) 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 insufficient to simply have deterrents, sanctions and disciplinary procedures, but that the way to tackle prospective problems around players is also through education.
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Mr Taylor says guidelines require to be described clearly to gamers with clear examples, and by individuals they respect.
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"Through educating players about [sports betting](https://hcsxy2024.com/read-blog/2048_sport-betting-industry-seeks-to-protect-itself.html) you strengthen 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 regulatory legal advice at the Football Association, agrees.
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"Prevention is better than cure, and we also make a point of informing gamers 'you are going to be caught'."
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"It is crucial that sport is directly, and is seen to be straight," he includes.
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"If it loses that then individuals do not want to wager, that is not in gaming firms' interests, and it is not in our interests."
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He stated that as soon as a good reputation was lost, the damage to a sport was "incalculable".
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FA guidelines mean gamers are not allowed to bank on a competition in which they are included.
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Mr Johnson says players need to be seen not to be cashing in on any inside understanding, which he says could trigger "brand 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 last the following spring.
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"We need to get over to gamers the reputational risk to the 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" approach, then maybe Nick Tofiluk, director of guideline 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](http://www.vmeste-so-vsemi.ru/wiki/%D0%A3%D1%87%D0%B0%D1%81%D1%82%D0%BD%D0%B8%D0%BA:DeloresDowning0) in Great Britain.
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An ex-chief constable of West Midlands police, Mr Tofiluk has obligation for policing all [sports betting](https://twixxor.com/read-blog/8915_for-sports-gambling-to-be-legalised.html) in the UK apart from spread wagering, which is the remit of the FSA.
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"The frustrating bulk of [sports betting](https://sansaadhan.ipistisdemo.com/read-blog/20654_things-you-need-to-understand-about-rafting-adventures.html) occurring through UK operators is legal and fair," he states.
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"But for some there is the temptation to ... corruptly hinder the outcome of a sporting event.
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"Such unfaithful has the potential to weaken the stability of a sport, and it also damages the industrial interests of [sports betting](https://www.buzzgate.net/read-blog/495_for-sports-gambling-to-be-legalised.html) bodies and [sports betting](https://friends.win/read-blog/20636_start-winning-with-pcg-college-football-picks.html) wagering."
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The commission has actually established an in-house [Sports Betting](https://www.contraband.ch/read-blog/41647_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.html) Intelligence Unit to get and distribute details to sporting authorities, [sports betting](https://thewion.com/read-blog/185992_things-you-need-to-learn-about-rafting-adventures.html) companies and policing authorities.
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"Since 2007 we have experienced a considerable insight into world of corrupt [sports betting](https://reckoningz.com/sport-betting-industry-looks-to-protect-itself/) wagering," he says.
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"We will signal [sports betting](https://unightlifetalk.site/read-blog/2617_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) of our concerns, to assist prevent or reduce [prohibited] activity"
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In May 2010, the commission also 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 period there has been just one prosecution, a 24-year-old man who was warned for cheating in relation to greyhound racing.
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However, Mr Tofiluk states there are still 8 ongoing investigations, and that much beneficial details has likewise been passed to [sports betting](https://wiki.vst.hs-furtwangen.de/wiki/User:DarinCespedes) 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 terminating a criminal examination "in favour of letting [sports betting](https://gamehiker.com/wiki/index.php/User:MarinaPack253) governing bodies take the lead".
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Meanwhile, he states a lot of those seeking to cheat the [sports betting](https://wow.twinear.com/read-blog/1001_how-are-betting-odds-calculated.html) market were educated about [sports betting](https://oolibuzz.com/read-blog/41745_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.html) and sporting people, and about wagering operations and the motion of cash.
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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](http://classicalmusicmp3freedownload.com/ja/index.php?title=%E5%88%A9%E7%94%A8%E8%80%85:RockyA1175332) 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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The BBC is not accountable for the content of external sites.
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