commit cf5bd08149d2499bd5383f3d531abb2e85cc5e4b Author: ofeliajudd7689 Date: Thu Jan 2 10:37:36 2025 +0800 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..4a22cb8 --- /dev/null +++ b/Sport-Betting-Industry-Wants-To-Protect-Itself.md @@ -0,0 +1,68 @@ +[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
Sport [sports betting](https://wheeoo.com/read-blog/57802_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) industry 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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[sports betting](https://www.grandtribunal.org/wiki/User:JanelleTitheradg) on sport is huge organization.
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Sport England approximates 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 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 study company Sport & Markt estimates the total international gambling market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://krazzykross.com/read-blog/1529_how-to-withdraw-from-bet9ja-8-step-guide-to-cash-in-your-wins.html) gaming.
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But when the stability of events are hit the gambling industry suffers, and revenues are put under hazard if customers can not wager with confidence.
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And there can have been few higher-profile sport [sports betting](https://welcometohaiti.com/read-blog/15955_how-much-are-americans-spending-on-sports-betting.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 talks about the [sports betting](https://ai.holiday/read-blog/12051_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) market now.
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"Not only is it a considerable market in world business, it is one that is now on the front pages of papers."
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Four Pakistan cricketers have actually been questioned by cops over spot-fixing claims connecting to a test versus England at Lord's last month.
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Three of these gamers 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 champ John Higgins was cleared of match-fixing allegations, however was prohibited last week for 6 months for stopping working to report the prohibited technique to him to throw frames.
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There are also two other continuing examinations - 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 biggest online sporting exchanges.
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"If the sport is perceived as truthful, straight and fair that benefits [sports betting](https://grade1d.smaportal.ae/read-blog/2423_enhance-your-business-opportunities-with-efficient-sports-apps.html) firms because individuals will invest money [sports betting](https://projectblueberryserver.com/index.php/User:Gregory69F) with confidence," he says.
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"If you take the Pakistan allegations, although unrelated to the UK regulated [sports betting](https://galgbtqhistoryproject.org/wiki/index.php/User:QPGMatilda) industry ... it is not truly a favorable story for wagering in the UK.
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"That is since the understanding is that 'cricket is now something we may need to be mindful 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://philadelphiaflyersclub.com/read-blog/8411_how-fantasy-betting-app-development-companies-and-sports-developers.html) Law Report conference into [sports betting](https://wiki.tld-wars.space/index.php/Utilisateur:DeclanBoettcher) gambling, 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 people who can fix a match are the competitors or the referee."
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His organisation represents males and females in 15 [sports betting](https://micircle.in/read-blog/536_compare-amp-review-oddsjet-de.html) 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 adequate to simply have deterrents, sanctions and disciplinary procedures, but that the way to deal with possible issues around gamers is likewise through education.
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Mr Taylor says rules need to be explained plainly to players with clear examples, and by people they .
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"Through informing players about [sports betting](https://wiki.insidertoday.org/index.php/User:RolandoZeal2998) you enhance integrity which is in everyone'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 regulative legal suggestions at the Football Association, agrees.
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"Prevention is much better than treatment, and we likewise make a point of telling players 'you are going to be captured'."
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"It is important that sport is straight, and is seen to be directly," he includes.
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"If it loses that then people don't desire to bet, that is not in gaming companies' interests, and it is not in our interests."
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He stated that once an excellent credibility was lost, the damage to a sport was "incalculable".
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FA guidelines indicate players are not enabled to wager 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 knowledge, which he states might 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 bet 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 game," he says. "Once self-confidence has actually been damaged it is difficult to get it back - mud sticks."
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'Overwhelmingly legal'
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If this represents the "carrot" method, then perhaps 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](https://18plus.fun/read-blog/50_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) Act 2005 to control commercial gambling 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://forum.petstory.ge/read-blog/3400_how-to-withdraw-from-bet9ja-8-step-guide-to-money-in-your-wins.html) 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://hcsxy2024.com/read-blog/2057_missouri-sports-betting-ballot-measure-approved-by-voters.html) wagering 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 prospective to weaken the stability of a sport, and it likewise harms the commercial interests of [sports betting](http://wiki.die-karte-bitte.de/index.php/Benutzer_Diskussion:LucaWarby634) bodies and [sports betting](https://social.mirrororg.com/read-blog/7681_just-how-much-are-americans-spending-on-sports-betting.html)."
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The commission has established an in-house [Sports Betting](https://35.237.164.2/wiki/User:RudyHenderson5) Intelligence Unit to get and disseminate details to sporting authorities, [sports betting](https://catvcommunity.com.tr/read-blog/4788_for-sports-gambling-to-be-legalised.html) firms and policing authorities.
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"Since 2007 we have actually experienced a considerable insight into world of corrupt [sports betting](https://antir.sca.wiki/index.php?title=User_talk:JaredEhret3869)," he says.
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"We will notify [sports betting](https://bigtoc.com/read-blog/8949_how-fantasy-betting-app-development-companies-and-sports-developers.html) of our concerns, to assist avoid or reduce [illegal] activity"
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In May 2010, the commission likewise introduced 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 actually 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 states there are still eight continuous examinations, and that much useful details has actually also been passed to [sports betting](https://southwales.com/read-blog/307_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) authorities.
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He said that where an examination by a sport governing body was quicker, and more cost efficient, then the commission would think about stopping a criminal investigation "in favour of letting [sports betting](http://yijichain.com/read-blog/15123_enhance-your-business-opportunities-with-efficient-sports-apps.html) governing bodies take the lead".
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Meanwhile, he says a number of those aiming to cheat the [sports betting](https://santosfcfansclub.com/read-blog/7612_enhance-your-business-opportunities-with-efficient-sports-apps.html) wagering market were knowledgeable about [sports betting](https://oolibuzz.com/read-blog/41666_for-sports-gambling-to-be-legalised.html) and sporting people, and about [sports betting](https://followmylive.com/read-blog/21881_best-u-s-sports-betting-sites-amp-sportsbooks-for-2024.html) operations and the movement of cash.
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"They look for the vulnerabilities of these to help in their enterprises."
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Related web links
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World [sports betting](https://mysuccessdarpan.com/read-blog/12340_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.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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