commit c3e7c3fa362b15e21e9c150849bf12a238a1e58f Author: lorenzahaigler Date: Thu Jan 2 19:34:10 2025 +0800 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..d95d7d7 --- /dev/null +++ b/Sport-Betting-Industry-Seeks-To-Protect-Itself.md @@ -0,0 +1,68 @@ +
Sport [sports betting](https://noaisocial.pro/read-blog/2357_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) industry wants 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](http://wiki.die-karte-bitte.de/index.php/Benutzer_Diskussion:JaunitaGarlock7) on sport is substantial service.
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Sport England approximates 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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And that figure is most likely to have actually 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 company Sport & Markt estimates the overall worldwide [sports betting](http://titotit.com/xe/?document_srl=768091) market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://forum.petstory.ge/read-blog/3422_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) gaming.
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But when the integrity of events are struck the gambling industry suffers, and revenues are put under threat if customers 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://krazzykross.com/read-blog/1526_how-to-play-bet9ja-online.html) market now.
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"Not only is it a significant 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 accusations associating with a test versus England at Lord's last month.
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Three of these players have actually stated they will likewise 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 6 months for stopping working to report the prohibited approach to him to toss frames.
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There are likewise 2 other continuing examinations - unrelated 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 most significant online sporting exchanges.
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"If the sport is perceived as truthful, straight and fair that benefits wagering firms because people will invest money wagering with self-confidence," he states.
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"If you take the Pakistan allegations, although unassociated to the UK regulated [sports betting](https://loveyou.az/read-blog/20153_how-to-withdraw-from-bet9ja-8-step-guide-to-cash-in-your-wins.html) market ... it is not really a favorable story for [sports betting](https://jamboz.com/read-blog/136_the-ins-and-outs-of-betting-on-the-nfl-draft.html) in the UK.
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"That is since the perception is that 'cricket is now something we might have to be careful 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://sotawiki.net/sota/User:DKKAlissa10210) Law Report conference into [sports betting](https://infosocial.top/read-blog/4022_how-to-play-bet9ja-online.html) gambling, the focus has to be on sportspersons 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 females in 15 [sports betting](https://wiki.trinitydesktop.org/User:HannaWalkley759) in the UK, being an umbrella organisation for all gamer organisations, such as the Professional Footballers' Association.
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He that it is inadequate to merely have deterrents, sanctions and [disciplinary](https://social.oneworldonesai.com/read-blog/1676_best-u-s-sports-betting-sites-amp-sportsbooks-for-2024.html) procedures, but that the way to take on possible concerns around players is also through education.
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Mr Taylor says guidelines require to be described plainly to players with clear examples, and by individuals they respect.
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"Through informing gamers about [sports betting](https://fishtanklive.wiki/User:SonRadke2309) you reinforce stability which remains in everyone's interest," he includes.
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"If players are more difficult 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 advice at the Football Association, concurs.
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"Prevention is better than cure, and we likewise make a point of telling gamers 'you are going to be captured'."
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"It is vital that sport is straight, and is seen to be directly," he includes.
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"If it loses that then individuals do not desire to bet, that is not in gambling firms' interests, and it is not in our interests."
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He said that once a great reputation was lost, the damage to a sport was "incalculable".
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FA guidelines indicate gamers are not enabled to wager on a competition in which they are included.
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Mr Johnson states players have to be seen not to be cashing in on any inside understanding, which he says could trigger "brand damage" to football and its competitors.
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So, even a 2nd Division player knocked out of the FA Cup in the fall 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 says. "Once 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" method, then maybe Nick Tofiluk, director of policy at the Gambling Commission, represents the "stick".
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The Gambling Commission was established under the Gambling Act 2005 to manage business [sports betting](https://munidigital.iie.cl/wiki/index.php?title=Usuario:ConcettaRuffin3) in Great Britain.
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An ex-chief constable of West Midlands cops, Mr Tofiluk has responsibility for policing all [sports betting](https://wiki.vst.hs-furtwangen.de/wiki/User:RamonitaCheesman) 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://2flab.com/read-blog/851_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) wagering taking place 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 cheating has the possible to undermine the stability of a sport, and it also harms the commercial interests of [sports betting](https://moonifie.com/read-blog/1433_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) bodies and [sports betting](https://realhindu.in/read-blog/21203_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) wagering."
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The commission has established an in-house [Sports Betting](http://lifethelife.com/read-blog/4910_how-to-withdraw-from-bet9ja-8-step-guide-to-cash-in-your-wins.html) Intelligence Unit to get and distribute 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://whoosmind.com/read-blog/33887_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) wagering," he says.
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"We will notify [sports betting](https://nexthub.live/read-blog/98_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) of our issues, to assist avoid or curtail [prohibited] activity"
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In May 2010, the commission likewise introduced a personal 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 duration there has been simply one criminal prosecution, a 24-year-old guy who was warned for cheating in relation to greyhound racing.
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However, Mr Tofiluk states there are still eight ongoing investigations, which much helpful info has also been passed to [sports betting](https://wiki.asexuality.org/w/index.php?title=User_talk:BlancheMonahan6) authorities.
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He stated that where an examination by a sport governing body was quicker, and more cost efficient, then the commission would think about stopping a criminal examination "in favour of letting [sports betting](https://ai.florist/read-blog/35492_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.html) governing bodies take the lead".
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Meanwhile, he says many of those looking to cheat the [sports betting](https://projectblueberryserver.com/index.php/User:EzequielH97) wagering industry were experienced about [sports betting](http://chillibell.com/read-blog/478_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) and sporting people, and about [sports betting](https://blkbook.blactive.com/read-blog/2286_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) operations and the movement of money.
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"They seek out the vulnerabilities of these to assist in their enterprises."
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Related web links
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World [sports betting](https://www.womplaz.com/read-blog/72_sport-betting-industry-aims-to-protect-itself.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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