commit 45f173184f9d8b7e59892787319c9c99edf8d093 Author: sherridunning8 Date: Thu Feb 13 00:31:46 2025 +0000 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..00a2e68 --- /dev/null +++ b/Sport-Betting-Industry-Aims-To-Protect-Itself.md @@ -0,0 +1,68 @@ +
Sport betting industry wants to safeguard 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://complexityzoo.net/User:DongBaudinet584) on sport is big organization.
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Sport England estimates the value 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 actually grown further, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summer season.
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Meanwhile, German research company Sport & Markt approximates the general global gaming market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://spcreator.com/read-blog/9_things-you-need-to-know-about-rafting-adventures.html).
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But when the integrity of occasions are hit the [sports betting](https://connectingsparks.com/read-blog/32437_the-history-of-the-nfl-and-how-to-bet-on-it.html) industry suffers, and incomes are put under risk if consumers can not wager with confidence.
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And there can have been few higher-profile sport [sports betting](https://www.thecolony.app/read-blog/18_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.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://chat.dimersoft.org/read-blog/3938_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) market now.
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"Not only is it a significant market in world business, it is one that is now on the front pages of papers."
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Four Pakistan cricketers have been questioned by police over spot-fixing allegations associating with a test against England at Lord's last month.
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Three of these players have stated 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 accusations, but was banned recently for six months for stopping working to report the unlawful technique 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, one of the UK's most significant online sporting exchanges.
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"If the sport is perceived as honest, straight and fair that is great for [sports betting](https://chat.dimersoft.org/read-blog/4059_how-to-attract-users-to-my-fantasy-sports-platform.html) companies due to the fact that individuals will spend money [sports betting](https://myquora.myslns.com/index.php?qa=82279&qa_1=sports-minister-tracey-crouch-resigns-over-betting-crackdown) with confidence," he says.
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"If you take the Pakistan accusations, although unrelated to the UK regulated betting industry ... it is not actually a favorable story for [sports betting](https://petrolheads.co.za/read-blog/762_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.html) in the UK.
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"That is due to the fact that the understanding is that 'cricket is now something we might need to take care 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 experts at a World [sports betting](https://zubtalk.com/read-blog/4474_things-you-need-to-learn-about-rafting-adventures.html) Law Report conference into [sports betting](https://wikibase.imfd.cl/wiki/User:ErnieStafford), the focus has 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 men and women in 15 [sports betting](https://dronio24.com/read-blog/39693_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) 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 not sufficient to simply have deterrents, sanctions and disciplinary treatments, however that the way to take on prospective concerns around players is likewise through education.
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Mr Taylor says rules 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://dubaiclub.shop/read-blog/271_how-fantasy-betting-app-development-companies-and-sports-developers.html) wagering you strengthen integrity which is 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 suggestions at the Football Association, agrees.
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"Prevention is better than cure, and we likewise make a point of telling players 'you are going to be captured'."
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"It is vital that sport is directly, and is seen to be directly," he includes.
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"If it loses that then individuals do not wish to bet, that is not in gaming companies' interests, and it is not in our interests."
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He stated that when a great 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 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 knowledge, which he says might cause "brand damage" to football and its competitions.
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So, even a 2nd Division player 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 have to overcome to players the reputational risk to the video game," he states. "Once confidence has been damaged 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 perhaps Nick Tofiluk, of guideline at the Gambling Commission, represents the "stick".
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The Gambling Commission was established under the Gambling Act 2005 to manage business gaming in Great Britain.
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An ex-chief constable of West Midlands police, Mr Tofiluk has duty for policing all [sports betting](https://www.thecolony.app/read-blog/16_online-betting-firms-gamble-on-soccer-mad-nigeria.html) in the UK apart from spread [sports betting](https://www.thecolony.app/read-blog/18_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.html), which is the remit of the FSA.
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"The overwhelming majority of [sports betting](https://chat.dimersoft.org/read-blog/4068_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) wagering happening through UK operators is legal and fair," he states.
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"But for some there is the temptation to ... corruptly interfere with the result of a sporting occasion.
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"Such unfaithful has the prospective to weaken the integrity of a sport, and it also harms the business interests of [sports betting](https://wiki.project1999.com/User:TabathaFirkins) bodies and [sports betting](https://chat.dimersoft.org/read-blog/3938_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) wagering."
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The commission has actually established an in-house [Sports Betting](http://wiki.myamens.com/index.php/User:ClaudeDale3) Intelligence Unit to get and share details to sporting authorities, wagering firms and policing authorities.
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"Since 2007 we have actually experienced a substantial insight into world of corrupt [sports betting](https://chat.dimersoft.org/read-blog/3856_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html)," he states.
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"We will notify [sports betting](https://myquora.myslns.com/index.php?qa=82279&qa_1=sports-minister-tracey-crouch-resigns-over-betting-crackdown) of our concerns, to help avoid or reduce [illegal] activity"
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In May 2010, the commission also 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 actually been just 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 says there are still eight continuous examinations, which much useful information has actually also been passed to [sports betting](https://complexityzoo.net/User:LoganArledge03) authorities.
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He said that where an investigation by a sport governing body was quicker, and more cost efficient, then the commission would consider discontinuing a criminal investigation "in favour of letting [sports betting](https://pullmycrowd.com/read-blog/1244_just-how-much-are-americans-investing-in-sports-betting.html) governing bodies take the lead".
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Meanwhile, he says a lot of those looking to cheat the [sports betting](https://chat.dimersoft.org/read-blog/3992_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) market were experienced about [sports betting](http://wiki.myamens.com/index.php/User:RexSchwindt345) and sporting people, and about wagering operations and the motion of cash.
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"They look for 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://chat.dimersoft.org/read-blog/3992_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.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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