commit 5a15520a76db08fa04e9c52fb9e32c62f6eeede6 Author: fernboyland47 Date: Thu Jan 2 01:23:22 2025 +0000 Add Sport Betting Industry Seeks To Protect Itself 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..c0253fe --- /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 [sports betting](https://demo.shoudyhosting.com/qtoa/?qa=86959/sports-minister-tracey-crouch-resigns-delay-betting-crackdown) market looks 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://twitemedia.com/read-blog/88_compare-amp-review-oddsjet-de.html) on sport is big organization.
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Sport England estimates the value of spending on sport-related [sports betting](https://younetwork.app/read-blog/8724_the-ins-and-outs-of-betting-on-the-nfl-draft.html) in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.
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And that figure is likely to have actually grown even more, 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 estimates the overall international gambling market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://soucial.net/read-blog/7625_compare-amp-review-oddsjet-de.html) gambling.
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But when the stability of events are struck the gambling industry suffers, and incomes are put under danger if clients can not wager with self-confidence.
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And there can have been few higher-profile sport wagering 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 discuss the [sports betting](https://peekz.eu/read-blog/249_how-to-attract-users-to-my-fantasy-sports-platform.html) market now.
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"Not just is it a significant market in world organization, 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 claims associating with a test versus England at Lord's last month.
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Three of these gamers have actually said 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 claims, but was prohibited last week for 6 months for failing to report the unlawful method to him to throw frames.
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There are also two other continuing investigations - 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 reasonable that is excellent for wagering firms since people will spend cash wagering with self-confidence," he says.
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"If you take the Pakistan accusations, although unassociated to the UK controlled wagering market ... it is not actually a positive story for [sports betting](https://palkwall.com/read-blog/27765_for-sports-gambling-to-be-legalised.html) in the UK.
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"That is due to the fact that the understanding is that 'cricket is now something we may need 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 specialists at a World [sports betting](https://gamehiker.com/wiki/index.php/User:RodgerAble) Law Report conference into [sports betting](https://collegetalks.site/read-blog/11872_best-u-s-sports-betting-sites-amp-sportsbooks-for-2024.html), the focus has to be on sportspersons and sportswomen.
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As Simon Taylor of the Professional Players' Federation explains: "The only individuals who can fix a match are the competitors or the referee."
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His organisation represents men and ladies in 15 [sports betting](https://social.concienciacasanare.com/read-blog/49_sports-minister-tracey-crouch-resigns-over-039-delay-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 procedures, but that the method to take on potential problems around players is likewise through education.
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Mr Taylor says rules need to be discussed clearly to players with clear examples, and by individuals they respect.
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"Through educating players about [sports betting](https://inicknet.com/read-blog/2177_the-ins-and-outs-of-betting-on-the-nfl-draft.html) you reinforce stability which is in everybody's interest," he includes.
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"If players are harder to corrupt then sport will be harder to corrupt."
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'Brand damage'
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Matt Johnson, head of regulative legal recommendations at the Football Association, agrees.
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"Prevention is much better than remedy, and we also make a point of telling players 'you are going to be captured'."
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"It is essential that sport is directly, and is seen to be directly," he adds.
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"If it loses that then people don't desire to bet, that is not in gambling 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 rules mean are not permitted to bank on a competition in which they are involved.
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Mr Johnson says gamers have to be seen not to be cashing in on any inside understanding, which he states could cause "brand damage" to football and its competitions.
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So, even a Second Division player knocked out of the FA Cup in the autumn can not wager on a Manchester United v Chelsea cup final 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 hard 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 industrial gambling in Great Britain.
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An ex-chief constable of West Midlands police, Mr Tofiluk has duty for policing all wagering in the UK apart from spread wagering, which is the remit of the FSA.
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"The frustrating majority of [sports betting](https://sabiile.com/read-blog/2134_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) 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 result of a sporting occasion.
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"Such unfaithful has the potential to undermine the integrity of a sport, and it likewise damages the commercial interests of [sports betting](https://palkwall.com/read-blog/27730_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) bodies and [sports betting](https://social.japrime.id/read-blog/23437_sport-betting-industry-looks-to-protect-itself.html) wagering."
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The commission has developed an internal [Sports Betting](https://www.amedaychats.com/read-blog/795_the-history-of-the-nfl-and-how-to-bet-on-it.html) Intelligence Unit to receive and disseminate information to sporting authorities, [sports betting](https://youtoosocialnetwork.com/read-blog/1292_things-you-need-to-know-about-rafting-adventures.html) firms and policing authorities.
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"Since 2007 we have experienced a substantial insight into world of corrupt [sports betting](https://losangelesgalaxyfansclub.com/read-blog/5956_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html)," he says.
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"We will alert [sports betting](http://www.pickmemo.com/read-blog/11303_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) of our issues, to help avoid or cut [illegal] activity"
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In May 2010, the commission also introduced a private telephone hotline for those with information 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 cautioned for unfaithful in relation to greyhound racing.
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However, Mr Tofiluk states there are still 8 ongoing examinations, which much useful details has actually likewise been passed to [sports betting](https://bdstarter.com/compare-review-oddsjet-de/) authorities.
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He said that where an examination by a sport governing body was quicker, and more expense reliable, then the commission would think about stopping a criminal investigation "in favour of letting [sports betting](https://sundaycareers.com/read-blog/2628_start-winning-with-pcg-college-football-picks.html) governing bodies take the lead".
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Meanwhile, he says many of those wanting to cheat the [sports betting](https://www.womplaz.com/read-blog/88_the-ins-and-outs-of-betting-on-the-nfl-draft.html) wagering industry were well-informed about [sports betting](https://napolifansclub.com/read-blog/22875_things-you-need-to-understand-about-rafting-adventures.html) and sporting individuals, and about wagering operations and the motion of money.
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"They look for out the vulnerabilities of these to help in their enterprises."
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Related web links
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World [sports betting](https://peekz.eu/read-blog/245_online-betting-firms-gamble-on-soccer-mad-nigeria.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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