From bb2551965e596cb61a6a0535b4d10bf9d86385ce Mon Sep 17 00:00:00 2001 From: lillacorrea343 Date: Tue, 31 Dec 2024 01:47:52 +0800 Subject: [PATCH] Add Sport Betting Industry Seeks To Protect Itself --- ...etting-Industry-Seeks-To-Protect-Itself.md | 68 +++++++++++++++++++ 1 file changed, 68 insertions(+) create mode 100644 Sport-Betting-Industry-Seeks-To-Protect-Itself.md 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..370cb3a --- /dev/null +++ b/Sport-Betting-Industry-Seeks-To-Protect-Itself.md @@ -0,0 +1,68 @@ +[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
Sport wagering market seeks to secure itself
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16 September 2010
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By Bill Wilson
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reporter, BBC News
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[sports betting](https://35.237.164.2/wiki/User:RudyHenderson5) on sport is huge business.
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Sport England estimates the worth 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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Which figure is likely to have actually grown even more, with an [approximated](https://alumni.myra.ac.in/read-blog/148715_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.html) ₤ 1bn bet on the World Cup alone in the UK this summertime.
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Meanwhile, German research study company Sport & Markt estimates the total worldwide gaming market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://online-learning-initiative.org/wiki/index.php/User:LesleyWakelin).
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But when the stability of events are hit the gaming market suffers, and [profits](http://archmageriseswiki.com/index.php/User:IrmaChen73393) are put under threat if customers can not bet with confidence.
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And there can have been couple of higher-profile sport [wagering](https://bigtoc.com/read-blog/8968_how-are-betting-odds-calculated.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://www.contraband.ch/read-blog/41702_why-every-cricket-fan-need-to-try-the-all-cricket-id-gaming-platform.html) market now.
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"Not just is it a significant market in world service, it is one that is now on the front pages of newspapers."
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Four Pakistan cricketers have actually been questioned by authorities over spot-fixing accusations relating to a test against England at Lord's last month.
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Three of these gamers have actually said 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 champ John Higgins was cleared of match-fixing claims, however was prohibited last week for 6 months for failing to report the unlawful technique to him to toss frames.
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There are also 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 honest, straight and fair that benefits [sports betting](https://cozwo.com/read-blog/8540_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) companies because people will invest money [sports betting](https://reckoningz.com/why-every-cricket-fan-need-to-try-the-all-cricket-id-gaming-platform/) with self-confidence," he states.
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"If you take the Pakistan claims, although unassociated to the UK regulated wagering market ... it is not truly a positive story for [sports betting](https://customerscomm.com/read-blog/3754_the-history-of-the-nfl-and-how-to-bank-on-it.html) in the UK.
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"That is due to the fact that the perception is that 'cricket is now something we may have to beware 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 professionals at a World [sports betting](https://youtoosocialnetwork.com/read-blog/1259_online-betting-firms-gamble-on-soccer-mad-nigeria.html) Law Report conference into [sports betting](https://camlive.ovh/read-blog/2346_the-ins-and-outs-of-betting-on-the-nfl-draft.html) 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 repair a match are the competitors or the referee."
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His organisation represents males and women in 15 [sports betting](https://foke.chat/read-blog/102_why-every-cricket-fan-ought-to-try-the-all-cricket-id-gaming-platform.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 enough to simply have deterrents, sanctions and disciplinary treatments, but that the method to deal with potential problems around gamers is likewise through education.
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Mr Taylor says rules require to be explained plainly to players with clear examples, and by people they [respect](https://www.sportpassionhub.com/read-blog/1465_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html).
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"Through informing gamers about [sports betting](https://globalabout.com/read-blog/16944_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 gamers 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 guidance at the Football Association, concurs.
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"Prevention is much better than remedy, and we likewise make a point of informing players 'you are going to be caught'."
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"It is important that sport is directly, and is seen to be directly," he includes.
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"If it loses that then people do not want to wager, that is not in gambling firms' interests, and it is not in our interests."
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He stated that when a good track record was lost, the damage to a sport was "incalculable".
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FA guidelines indicate gamers are not allowed to bank on a competitors in which they are involved.
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Mr Johnson states players need to be seen not to be cashing in on any inside understanding, which he says might trigger "brand name damage" to football and its competitors.
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So, even a 2nd Division gamer knocked out of the FA Cup in the fall can not wager on a Manchester United v Chelsea cup final the following spring.
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"We need to overcome to players the reputational danger to the video game," he states. "Once self-confidence has actually 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" technique, then maybe Nick Tofiluk, director of regulation at the Gambling Commission, represents the "stick".
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The Gambling Commission was established under the Gambling Act 2005 to control industrial gambling in Great Britain.
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An ex-chief constable of West Midlands cops, Mr [Tofiluk](https://cheere.org/read-blog/36261_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) has responsibility for policing all [sports betting](https://www.jaitun.com/read-blog/15205_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.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://social.engagepure.com/read-blog/805_for-sports-gambling-to-be-legalised.html) occurring through UK operators is legal and reasonable," he states.
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"But for some there is the temptation to ... corruptly disrupt the result of a sporting event.
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"Such cheating has the potential to weaken the stability of a sport, and it also hurts the commercial interests of [sports betting](https://mxlinkin.mimeld.com/read-blog/702_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) bodies and [sports betting](https://a2zstreamsnow.com/read-blog/2591_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) wagering."
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The commission has actually developed an in-house [Sports Betting](https://bigtoc.com/read-blog/8953_the-history-of-the-nfl-and-how-to-bank-on-it.html) Intelligence Unit to receive and share information to sporting authorities, wagering firms and policing authorities.
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"Since 2007 we have experienced a significant insight into world of corrupt [sports betting](https://idaivelai.com/read-blog/3_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.html)," he states.
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"We will notify [sports betting](https://higgledy-piggledy.xyz/index.php/User:GailKnetes83360) of our concerns, to assist prevent or curtail [illegal] 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 actually been simply one criminal prosecution, a 24-year-old guy who was cautioned for unfaithful in relation to greyhound racing.
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However, Mr Tofiluk says there are still 8 ongoing examinations, which much beneficial information has likewise been passed to [sports betting](https://social.japrime.id/read-blog/23481_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 expense effective, then the commission would consider discontinuing a criminal investigation "in favour of letting [sports betting](https://www.athleticzoneforum.com/read-blog/749_why-every-cricket-fan-need-to-try-the-all-cricket-id-gaming-platform.html) governing bodies take the lead".
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Meanwhile, he says many of those looking to cheat the [sports betting](https://bytes-the-dust.com/index.php/User:Gladys32M5757) industry were educated about [sports betting](https://sportstalkhub.com/read-blog/20574_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) and sporting individuals, and about wagering operations and the movement of cash.
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"They look for 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://galgbtqhistoryproject.org/wiki/index.php/User:AguedaN134881787) 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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