commit 4b7189524ee2a546b8c1998cbc7190686abfeb37 Author: reginaldsalcid Date: Sat Jan 4 18:17:18 2025 +0100 Add Sport Betting Industry Aims To Protect Itself 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..31729ff --- /dev/null +++ b/Sport-Betting-Industry-Aims-To-Protect-Itself.md @@ -0,0 +1,68 @@ +[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
Sport [sports betting](https://bikapsul.com/read-blog/1465_for-sports-gambling-to-be-legalised.html) industry wants to safeguard 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](https://chateando.net/read-blog/213_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) on sport is big organization.
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Sport England estimates the worth of costs 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 further, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summer season.
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Meanwhile, German research study firm Sport & Markt approximates the overall worldwide gambling market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://projectblueberryserver.com/index.php/User:KimberlyNowak4).
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But when the integrity of events are struck the gaming market suffers, and profits are put under hazard if clients can not bet with self-confidence.
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And there can have been few higher-profile sport [sports betting](https://southwales.com/read-blog/303_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) 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 talks about the [sports betting](https://www.jaitun.com/read-blog/15185_how-much-are-americans-investing-in-sports-betting.html) gambling market now.
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"Not just is it a substantial 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 police over spot-fixing claims associating with a test versus England at Lord's last month.
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Three of these gamers have said 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, but was banned last week for 6 months for stopping working to report the unlawful approach to him to throw frames.
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There are likewise 2 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, one of the UK's greatest online sporting exchanges.
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"If the sport is viewed as sincere, straight and fair that is good for [sports betting](https://mixup.wiki/index.php/User:MeganHutcheon4) companies since people will invest cash [sports betting](https://chat.app8station.com/read-blog/3582_start-winning-with-pcg-college-football-picks.html) with self-confidence," he says.
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"If you take the Pakistan claims, although unrelated to the UK controlled [sports betting](https://drapia.org/11-WIKI/index.php/User:VirgieThiel23) market ... it is not truly a favorable story for [sports betting](https://firstamendment.tv/read-blog/75909_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) 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 avoid future scandals?
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According to specialists at a World [sports betting](https://learn.ivlc.com/read-blog/75_how-much-are-americans-spending-on-sports-betting.html) Law Report conference into [sports betting](https://bence.net/read-blog/6357_online-betting-firms-gamble-on-soccer-mad-nigeria.html), the focus has to be on sportsmen and sportswomen.
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As Simon Taylor of the Professional Players' Federation mentions: "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://embargo.energy/index.php/User:MaynardZuniga) in the UK, being an for all player organisations, such as the Professional Footballers' Association.
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He believes that it is insufficient to simply have deterrents, sanctions and disciplinary treatments, however that the way to tackle potential concerns around players is likewise through education.
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Mr Taylor states guidelines require to be described plainly to players with clear examples, and by people they appreciate.
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"Through educating gamers about [sports betting](https://app.deepsoul.es/read-blog/376_for-sports-gambling-to-be-legalised.html) wagering you reinforce integrity and that is in everyone's interest," he adds.
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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 regulative legal advice at the Football Association, agrees.
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"Prevention is better than treatment, and we likewise make a point of telling gamers 'you are going to be caught'."
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"It is essential that sport is directly, 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 [sports betting](https://aijoining.com/read-blog/184_sport-betting-industry-wants-to-protect-itself.html) firms' interests, and it is not in our interests."
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He said that when a good reputation was lost, the damage to a sport was "incalculable".
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FA rules indicate players are not permitted to bet on a competition in which they are involved.
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Mr Johnson states gamers have to be seen not to be cashing in on any inside knowledge, which he states might trigger "brand name damage" to football and its competitors.
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So, even a Second Division player knocked out of the FA Cup in the fall can not bet on a Manchester United v Chelsea cup last the following spring.
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"We have to overcome to gamers the reputational danger to the game," he says. "Once 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 manage commercial gambling in Great Britain.
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An ex-chief constable of West Midlands cops, Mr Tofiluk has duty for policing all wagering in the UK apart from spread [sports betting](https://moonifie.com/read-blog/1410_online-betting-firms-gamble-on-soccer-mad-nigeria.html), which is the remit of the FSA.
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"The overwhelming bulk of [sports betting](https://philadelphiaflyersclub.com/read-blog/8453_things-you-need-to-learn-about-rafting-adventures.html) taking location through UK operators is legal and reasonable," he states.
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"But for some there is the temptation to ... corruptly interfere with 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 business interests of [sports betting](https://aceme.ink/read-blog/1644_the-ins-and-outs-of-betting-on-the-nfl-draft.html) bodies and [sports betting](https://chatkc.com/read-blog/453_for-sports-gambling-to-be-legalised.html) wagering."
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The commission has actually established an internal [Sports Betting](https://philadelphiaflyersclub.com/read-blog/8435_for-sports-gambling-to-be-legalised.html) Intelligence Unit to receive and distribute information to sporting authorities, wagering companies and policing authorities.
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"Since 2007 we have experienced a substantial insight into world of corrupt [sports betting](https://chat.app8station.com/read-blog/3646_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) wagering," he says.
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"We will inform [sports betting](https://iochats.com/read-blog/29277_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) of our concerns, to assist avoid or cut [prohibited] activity"
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In May 2010, the commission likewise introduced a confidential 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 simply one prosecution, a 24-year-old male who was warned for unfaithful in relation to greyhound racing.
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However, Mr Tofiluk says there are still 8 continuous examinations, and that much helpful information has likewise been passed to [sports betting](https://2flab.com/read-blog/841_for-sports-gambling-to-be-legalised.html) 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 discontinuing a criminal examination "in favour of letting [sports betting](https://iuridictum.pecina.cz/w/U%C5%BEivatel:JanetCherry1801) governing bodies take the lead".
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Meanwhile, he states a number of those seeking to cheat the [sports betting](https://sportify.brandnitions.com/read-blog/24_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) market were experienced about [sports betting](https://embargo.energy/index.php/User:BrookFryer2148) and sporting people, and about [sports betting](https://customerscomm.com/read-blog/3718_how-to-attract-users-to-my-fantasy-sports-platform.html) operations and the movement of cash.
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"They seek out the vulnerabilities of these to assist in their enterprises."
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Related internet links
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World [sports betting](https://www.social.united-tuesday.org/read-blog/19451_uk-betting-firms-gamble-on-us-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
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BLP
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Gambling Commission
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