commit c52e688742a1045ecfe1170ffe6f64b931b68580 Author: ahmed52y749436 Date: Wed Dec 18 23:24:24 2024 +0100 Add Sport Betting Industry Wants To Protect Itself diff --git a/Sport-Betting-Industry-Wants-To-Protect-Itself.md b/Sport-Betting-Industry-Wants-To-Protect-Itself.md new file mode 100644 index 0000000..b6b7364 --- /dev/null +++ b/Sport-Betting-Industry-Wants-To-Protect-Itself.md @@ -0,0 +1,68 @@ +
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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Business reporter, BBC News
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[sports betting](http://t-salon-de-jun.com/board/5804417) on sport is substantial service.
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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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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 season.
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Meanwhile, German research company Sport & Markt estimates the general worldwide gaming market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](http://www.artrecord.kr/bbs/board.php?bo_table=free&wr_id=431178) gaming.
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But when the stability of events are struck the betting industry suffers, and incomes are put under threat if customers can not wager with self-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://drapia.org/11-WIKI/index.php/User:MarlaMajors6415) gambling market now.
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"Not just is it a substantial market in world company, it is one that is now on the front pages of newspapers."
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Four Pakistan cricketers have been questioned by authorities over spot-fixing accusations connecting to a test against England at Lord's last month.
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Three of these players have said they will likewise 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 champion John Higgins was cleared of match-fixing claims, however was banned last week for 6 months for stopping working to report the prohibited 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 viewed as sincere, straight and fair that is good for wagering companies due to the fact that individuals will spend cash wagering with self-confidence," he states.
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"If you take the Pakistan claims, although unassociated to the UK managed [sports betting](https://gamehiker.com/wiki/index.php/User:KurtisTalley) market ... it is not truly a favorable story for wagering 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 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 specialists at a World [sports betting](https://puzzle.thedimeland.com/4132/how-much-are-americans-spending-on-sports-betting) Law Report conference into [sports betting](https://bdstarter.com/warner-bros-discovery-sets-stage-for-potential-cable-deal-by/), the focus needs to be on sportspersons and sportswomen.
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As Simon Taylor of the Professional Players' Federation explains: "The only individuals who can repair a match are the rivals or the referee."
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His organisation represents men and women in 15 [sports betting](https://sansaadhan.ipistisdemo.com/read-blog/20652_how-to-attract-users-to-my-fantasy-sports-platform.html) in the UK, being an umbrella organisation for all player organisations, such as the Professional Footballers' Association.
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He believes that it is not enough to simply have deterrents, sanctions and disciplinary procedures, however that the way to take on possible issues around gamers is also through education.
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Mr Taylor states rules need to be described clearly to players with clear examples, and by people they respect.
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"Through informing players about [sports betting](https://blablasell.com/read-blog/11964_how-are-betting-odds-calculated.html) you strengthen integrity which remains in everybody'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 regulative legal advice at the Football Association, concurs.
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"Prevention is much better than treatment, and we likewise make a point of telling players 'you are going to be caught'."
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"It is vital that sport is directly, and is seen to be straight," he adds.
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"If it loses that then individuals don't wish to bet, that is not in betting companies' 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 "enormous".
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FA rules mean gamers are not allowed to wager on a competitors in which they are involved.
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Mr Johnson states players have actually to be seen not to be cashing in on any inside knowledge, which he states could cause "brand damage" to football and its competitions.
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So, even a 2nd Division gamer knocked out of the FA Cup in the fall can not bank on a Manchester United v Chelsea cup last the following spring.
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"We have to overcome to players the reputational threat to the game," he states. "Once self-confidence has been damaged it is difficult to get it back - mud sticks."
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'Overwhelmingly legal'
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If this represents the "carrot" technique, 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 regulate commercial [sports betting](https://parentingliteracy.com/wiki/index.php/User:ZakDavenport51) in Great Britain.
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An ex-chief constable of West Midlands authorities, Mr Tofiluk has duty for policing all betting in the UK apart from spread [sports betting](https://projectblueberryserver.com/index.php/User:SantoBfs038), which is the remit of the FSA.
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"The overwhelming bulk of [sports betting](https://octomo.co.uk/read-blog/6504_how-much-are-americans-spending-on-sports-betting.html) occurring through UK operators is legal and reasonable," he says.
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"But for some there is the temptation to ... corruptly interfere with the outcome of a sporting occasion.
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"Such unfaithful has the possible to weaken the stability of a sport, and it likewise damages the industrial interests of [sports betting](https://www.yewiki.org/User:MuoiRuckman1) bodies and [sports betting](https://forum.subchems.com/read-blog/3839_online-betting-firms-gamble-on-soccer-mad-nigeria.html)."
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The commission has actually developed an in-house [Sports Betting](https://www.yewiki.org/User:LaurenCade5444) Intelligence Unit to get and distribute information to sporting authorities, [sports betting](https://www.yewiki.org/User:ElmoKoehler34) firms and policing authorities.
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"Since 2007 we have actually experienced a significant insight into world of corrupt [sports betting](https://redmonde.es/read-blog/112_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html)," he says.
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"We will alert [sports betting](https://realhindu.in/read-blog/21216_for-sports-gambling-to-be-legalised.html) of our issues, to assist avoid or curtail [unlawful] activity"
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In May 2010, the commission likewise 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 male who was cautioned for unfaithful in relation to greyhound racing.
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However, Mr Tofiluk says there are still 8 continuous investigations, which much beneficial information has also been passed to [sports betting](https://cruzazulfansclub.com/read-blog/7786_sport-betting-industry-seeks-to-protect-itself.html) authorities.
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He stated that where an investigation by a sport governing body was quicker, and more cost reliable, then the commission would consider ceasing a criminal examination "in favour of governing bodies take the lead".
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Meanwhile, he states much of those aiming to cheat the [sports betting](https://cheere.org/read-blog/36245_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) market were well-informed about [sports betting](https://octomo.co.uk/read-blog/6509_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) and sporting individuals, and about betting operations and the movement of cash.
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"They look for the vulnerabilities of these to assist in their business."
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Related internet links
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World [sports betting](https://nohio.org/index.php/User:MarshaCollings) 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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