commit 13cea82465b015c529e93c1f1a0a99604ef1d148 Author: renagonzalez0 Date: Wed Jan 1 06:13:52 2025 +0000 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..8b213ef --- /dev/null +++ b/Sport-Betting-Industry-Wants-To-Protect-Itself.md @@ -0,0 +1,68 @@ +
Sport [sports betting](http://ringturbine.com:80/index.php/User:KaleyTomkinson) market aims to protect 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://friendza.enroles.com/read-blog/31585_things-you-need-to-understand-about-rafting-adventures.html) on sport is big company.
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Sport England approximates the worth of spending on sport-related [sports betting](https://www.tobeop.com/warner-bros-discovery-sets-stage-for-potential-cable-deal-by/) in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.
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Which figure is most likely to have grown even more, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summer.
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Meanwhile, German research study company Sport & Markt estimates the general global [sports betting](http://woorichat.com/read-blog/10281_for-sports-gambling-to-be-legalised.html) market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://juventusfansclub.com/read-blog/5013_things-you-need-to-know-about-rafting-adventures.html).
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But when the integrity of occasions are hit the gaming industry suffers, and profits are put under danger if customers can not bet with confidence.
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And there can have been couple of higher-profile sport wagering stories than those impacting cricket and 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://social.engagepure.com/read-blog/804_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) gambling market now.
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"Not just is it a significant market in world business, it is one that is now on the front pages of newspapers."
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Four Pakistan cricketers have actually been questioned by cops over spot-fixing claims connecting 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 versus 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 allegations, but was banned recently for six months for failing to report the unlawful technique to him to throw frames.
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There are likewise two 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 biggest online sporting exchanges.
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"If the sport is perceived as sincere, straight and fair that is good for wagering firms since individuals will spend money [sports betting](https://iuridictum.pecina.cz/w/U%C5%BEivatel:MarilouLivingsto) with 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 wagering in the UK.
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"That is since the perception 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 prevent future scandals?
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According to experts at a World [sports betting](https://philadelphiaflyersclub.com/read-blog/8425_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) Law Report conference into [sports betting](https://oolibuzz.com/read-blog/41745_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.html), 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 individuals who can repair a match are the competitors or the referee."
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His organisation represents guys and females in 15 [sports betting](https://uptoscreen.com/read-blog/74278_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.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 inadequate to merely have deterrents, sanctions and disciplinary treatments, however that the way to tackle potential problems around players is likewise through education.
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Mr Taylor states guidelines need to be described clearly to players with clear examples, and by individuals they appreciate.
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"Through informing players about [sports betting](https://oolibuzz.com/read-blog/41674_why-every-cricket-fan-should-try-the-all-cricket-id-gaming-platform.html) wagering you enhance stability and that 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 advice at the Football Association, concurs.
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"Prevention is much better than remedy, and we also make a point of telling players 'you are going to be caught'."
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"It is necessary that sport is straight, and is seen to be straight," he includes.
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"If it loses that then individuals do not want to bet, that is not in [sports betting](https://youslade.com/read-blog/41365_begin-winning-with-pcg-college-football-picks.html) companies' interests, and it is not in our interests."
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He said that when a great reputation was lost, the damage to a sport was "enormous".
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FA guidelines suggest players are not permitted to bank on a competitors in which they are involved.
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Mr Johnson states gamers need to be seen not to be capitalizing any inside understanding, which he states 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 autumn can not bet 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 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" method, then maybe Nick Tofiluk, director of policy 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 [sports betting](https://qanda.yokepost.com/index.php?qa=164055&qa_1=just-how-much-are-americans-investing-in-sports-betting) 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://www.opentx.cz/index.php/U%C5%BEivatel:LoreenDidomenico), which is the remit of the FSA.
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"The overwhelming majority of [sports betting](https://kenyansocial.com/read-blog/1358_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) wagering 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 unfaithful has the potential to undermine the integrity of a sport, and it also harms the industrial interests of [sports betting](https://strimsocial.net/read-blog/19030_things-you-need-to-understand-about-rafting-adventures.html) bodies and [sports betting](https://www.sportpassionhub.com/read-blog/1466_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) wagering."
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The commission has actually established an in-house [Sports Betting](https://metacouture.co/read-blog/24268_the-ins-and-outs-of-betting-on-the-nfl-draft.html) Intelligence Unit to receive and distribute details to sporting authorities, wagering firms and policing authorities.
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"Since 2007 we have actually experienced a considerable insight into world of corrupt [sports betting](https://chat.app8station.com/read-blog/3226_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html)," he states.
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"We will alert [sports betting](https://droidt99.com/read-blog/6793_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) of our issues, to assist prevent or reduce [unlawful] activity"
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In May 2010, the commission likewise presented a confidential 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 examinations, which much helpful details has actually also been passed to [sports betting](https://flowsocial.xyz/read-blog/584_uk-betting-firms-gamble-on-united-states-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 cost effective, then the commission would consider discontinuing a criminal examination "in favour of letting [sports betting](https://d9talks.site/read-blog/1219_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) governing bodies take the lead".
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Meanwhile, he says a lot of those seeking to cheat the [sports betting](https://www.contraband.ch/read-blog/41793_the-ins-and-outs-of-betting-on-the-nfl-draft.html) wagering market were experienced about [sports betting](http://wiki-tb-service.com/index.php?title=Benutzer:YolandaVillalobo) and sporting individuals, and about wagering operations and the movement of cash.
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"They look for the vulnerabilities of these to help in their business."
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Related internet links
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World [sports betting](https://farmwoo.com/read-blog/9557_enhance-your-business-opportunities-with-efficient-sports-apps.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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