From 757784c5dcb428a6ef69da48d46864e4dad192a0 Mon Sep 17 00:00:00 2001 From: stephainebrown Date: Wed, 1 Jan 2025 01:02:38 +0000 Subject: [PATCH] Add Sport Betting Industry Looks To Protect Itself --- ...etting-Industry-Looks-To-Protect-Itself.md | 69 +++++++++++++++++++ 1 file changed, 69 insertions(+) create mode 100644 Sport-Betting-Industry-Looks-To-Protect-Itself.md diff --git a/Sport-Betting-Industry-Looks-To-Protect-Itself.md b/Sport-Betting-Industry-Looks-To-Protect-Itself.md new file mode 100644 index 0000000..a2156f1 --- /dev/null +++ b/Sport-Betting-Industry-Looks-To-Protect-Itself.md @@ -0,0 +1,69 @@ +[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
Sport [sports betting](https://ai.ceo/read-blog/244298_how-fantasy-betting-app-development-companies-and-sports-developers.html) market seeks to safeguard itself
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16 September 2010
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
By Bill Wilson
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Business press reporter, BBC News
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[sports betting](https://namesdev.com/read-blog/15190_sport-betting-industry-looks-to-protect-itself.html) on sport is substantial service.
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Sport England [approximates](https://social.instinxtreme.com/read-blog/13725_how-to-attract-users-to-my-fantasy-sports-platform.html) the worth of costs on sport-related [sports betting](https://www.heesah.com/read-blog/2081_how-to-withdraw-from-bet9ja-8-step-guide-to-cash-in-your-wins.html) 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 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 company Sport & Markt estimates the overall global [sports betting](https://tartar.app/read-blog/1674_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://www.eruptz.com/read-blog/17600_the-ins-and-outs-of-betting-on-the-nfl-draft.html) gambling.
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But when the integrity of events are struck the gaming market suffers, and earnings are put under threat if consumers can not wager with self-confidence.
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And there can have been few higher-profile sport [wagering stories](https://socialsmerch.com/read-blog/10523_the-ins-and-outs-of-betting-on-the-nfl-draft.html) 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://social.oneworldonesai.com/read-blog/1669_for-sports-gambling-to-be-legalised.html) market now.
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"Not just is it a considerable market in world company, it is one that is now on the front pages of papers."
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Four Pakistan cricketers have actually been questioned by police over spot-fixing allegations connecting to a test against England at Lord's last month.
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Three of these gamers have stated they will likewise challenge the corruption charges mounted versus 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 allegations, however was banned last week for six months for stopping working to report the prohibited technique to him to toss frames.
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There are also 2 other continuing investigations - not related 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 greatest online sporting exchanges.
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"If the sport is viewed as honest, straight and reasonable that benefits [sports betting](https://redmonde.es/read-blog/111_how-much-are-americans-investing-in-sports-betting.html) firms since people will spend money wagering with confidence," he states.
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"If you take the Pakistan accusations, although unrelated to the UK managed wagering industry ... it is not truly a [favorable story](http://milkywaystars.site/read-blog/3004_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) for [sports betting](http://woorichat.com/read-blog/10319_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) in the UK.
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"That is since the understanding is that 'cricket is now something we might have to be cautious 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 professionals at a World [sports betting](https://flowsocial.xyz/read-blog/572_why-every-cricket-fan-need-to-try-the-all-cricket-id-gaming-platform.html) Law Report conference into [sports betting](http://it-viking.ch/index.php/User:FeliciaMeares) 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 fix a match are the competitors or the referee."
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His organisation represents males and females in 15 [sports betting](https://peekz.eu/read-blog/100_compare-amp-review-oddsjet-de.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 inadequate to simply have deterrents, sanctions and disciplinary procedures, however that the way to take on potential problems around gamers is also through education.
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Mr Taylor says rules require to be described plainly to gamers with clear examples, and by individuals they appreciate.
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"Through educating players about [sports betting](https://thewion.com/read-blog/185972_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) wagering you enhance integrity and that remains in everyone's interest," he includes.
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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 regulatory legal recommendations at the Football Association, concurs.
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"Prevention is much better than cure, and we likewise make a point of telling players 'you are going to be caught'."
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"It is essential that sport is straight, and is seen to be directly," he adds.
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"If it loses that then individuals do not wish to wager, that is not in gaming firms' interests, and it is not in our interests."
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He said that as soon as an excellent track record was lost, the damage to a sport was "incalculable".
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FA rules mean gamers are not permitted to bet on a competition in which they are included.
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Mr Johnson says players have actually 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 Second Division gamer knocked out of the FA Cup in the fall can not wager on a Manchester United v Chelsea cup last the following spring.
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"We need to get over to gamers the reputational risk to the game," he says. "Once confidence has 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 perhaps Nick Tofiluk, director of guideline at the Gambling Commission, represents the "stick".
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The Gambling Commission was established under the Gambling Act 2005 to control business gambling in Great Britain.
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An ex-chief constable of West Midlands authorities, Mr Tofiluk has duty for policing all in the UK apart from spread wagering, which is the remit of the FSA.
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"The overwhelming majority of [sports betting](https://wiki.vifm.info/index.php/User:Jimmy50739) happening through UK operators is legal and reasonable," he states.
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"But for some there is the temptation to ... corruptly disrupt 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 damages the industrial interests of [sports betting](http://archmageriseswiki.com/index.php/User:ElbertBobadilla) bodies and [sports betting](https://wiki.tld-wars.space/index.php/Utilisateur:TaneshaSchippers) wagering."
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The commission has actually established an internal [Sports Betting](https://mxlinkin.mimeld.com/read-blog/698_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.html) Intelligence Unit to get and share details to sporting authorities, wagering firms and policing authorities.
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"Since 2007 we have experienced a considerable insight into world of corrupt [sports betting](https://bdstarter.com/online-betting-firms-gamble-on-soccer-mad-nigeria-2/)," he states.
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"We will signal [sports betting](https://learn.ivlc.com/read-blog/67_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) of our concerns, to help prevent or cut [unlawful] activity"
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In May 2010, the commission also presented 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 just one criminal prosecution, a 24-year-old man who was warned for cheating in relation to greyhound racing.
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However, Mr Tofiluk states there are still eight ongoing investigations, and that much beneficial details has also been passed to [sports betting](https://sportstalkhub.com/read-blog/20356_compare-amp-review-oddsjet-de.html) authorities.
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He stated that where an investigation by a sport governing body was quicker, and more cost effective, then the commission would think about stopping a criminal examination "in favour of letting [sports betting](https://redebuck.com.br/read-blog/22130_enhance-your-business-opportunities-with-efficient-sports-apps.html) governing bodies take the lead".
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Meanwhile, he states much of those looking to cheat the [sports betting](https://bundas24.com/read-blog/175547_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) industry were experienced about [sports betting](https://demo.wowonderstudio.com/read-blog/2615_how-to-withdraw-from-bet9ja-8-step-guide-to-money-in-your-wins.html) and sporting people, and about wagering operations and the movement of money.
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"They seek out the vulnerabilities of these to help in their business."
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Related web links
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World [sports betting](https://accc.rcec.sinica.edu.tw/mediawiki/index.php?title=User:HildegardeEmmett) 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
[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG) +
Gambling Commission
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The BBC is not accountable for the material of external websites.
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