From 7ed2381284dcbc9b696719052c69aeff49df504c Mon Sep 17 00:00:00 2001 From: violetcrowe340 Date: Thu, 2 Jan 2025 19:58:17 +0800 Subject: [PATCH] Add Sport Betting Industry Aims To Protect Itself --- ...Betting-Industry-Aims-To-Protect-Itself.md | 68 +++++++++++++++++++ 1 file changed, 68 insertions(+) create mode 100644 Sport-Betting-Industry-Aims-To-Protect-Itself.md 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..452b51c --- /dev/null +++ b/Sport-Betting-Industry-Aims-To-Protect-Itself.md @@ -0,0 +1,68 @@ +
Sport [sports betting](https://thatswhathappened.wiki/index.php/User:DORFletcher) market aims to protect itself
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16 September 2010
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By Bill Wilson
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Business press reporter, BBC News
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[sports betting](https://www.sportfansunite.com/read-blog/271_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) on sport is big service.
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Sport England approximates the worth of costs on sport-related [sports betting](https://cittaviva.net/read-blog/25128_for-sports-gambling-to-be-legalised.html) 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 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 study company Sport & Markt estimates the total worldwide gaming market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://www.contraband.ch/read-blog/41746_best-u-s-sports-betting-sites-amp-sportsbooks-for-2024.html).
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But when the stability of occasions are struck the gaming industry suffers, and profits are put under danger if clients 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 snooker this year.
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High-profile
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As Sport & Moore observes: "Everyone talks about the [sports betting](https://connectworld.app/read-blog/216_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.html) gambling market now.
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"Not just is it a substantial market in world service, 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 relating to a test against England at Lord's last month.
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Three of these gamers have stated they will also challenge the corruption charges installed 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 accusations, however was banned last week for 6 months for failing to report the unlawful technique to him to throw frames.
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There are likewise 2 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 most significant online sporting exchanges.
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"If the sport is viewed as sincere, straight and fair that benefits wagering firms due to the fact that [individuals](https://learn.ivlc.com/read-blog/43_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) will invest money [sports betting](https://swaggspot.com/read-blog/9691_the-ins-and-outs-of-betting-on-the-nfl-draft.html) with self-confidence," he states.
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"If you take the Pakistan allegations, although unassociated to the UK managed wagering market ... it is not truly a positive story for wagering in the UK.
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"That is since the understanding 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 professionals at a World [sports betting](https://tribetok.com/read-blog/88_why-every-cricket-fan-need-to-try-the-all-cricket-id-gaming-platform.html) Law Report conference into [sports betting](https://social.vetmil.com.br/read-blog/15506_how-much-are-americans-spending-on-sports-betting.html) gambling, the focus needs to be on sportsmen and sportswomen.
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As Simon Taylor of the Professional Players' Federation mentions: "The only people who can repair a match are the competitors or the referee."
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His organisation represents males and females in 15 [sports betting](https://rhabits.io/read-blog/7577_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 not adequate to simply have deterrents, sanctions and disciplinary procedures, however that the way to deal with possible issues around players is also through education.
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Mr Taylor says guidelines require to be discussed plainly to gamers with clear examples, and by individuals they respect.
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"Through educating players about [sports betting](https://wiki.vst.hs-furtwangen.de/wiki/User:VedaFaircloth79) you enhance stability which remains in everyone's interest," he adds.
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"If gamers 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 suggestions at the Football Association, agrees.
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"Prevention is better than treatment, and we likewise make a point of informing players 'you are going to be captured'."
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"It is crucial that sport is straight, and is seen to be straight," he adds.
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"If it loses that then individuals don't wish to wager, that is not in gambling companies' interests, and it is not in our interests."
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He said that when a great track record was lost, the damage to a sport was "incalculable".
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FA guidelines indicate gamers are not allowed to bet on a competitors in which they are included.
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Mr Johnson states players need to be seen not to be capitalizing any inside understanding, which he states could cause "brand name damage" to football and its competitors.
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So, even a Second Division gamer [knocked](https://messengerkivu.com/read-blog/2369_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) out of the FA Cup in the fall can not bank on a Manchester United v Chelsea cup final the following spring.
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"We need to get over to players the reputational risk to the game," he says. "Once self-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" method, then possibly 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 regulate industrial gambling in Great Britain.
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An ex-chief constable of West Midlands police, Mr Tofiluk has obligation for policing all wagering in the UK apart from spread [sports betting](https://palkwall.com/read-blog/27765_for-sports-gambling-to-be-legalised.html), which is the remit of the FSA.
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"The overwhelming bulk of [sports betting](https://www.kuyasia.com/read-blog/46_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) occurring through UK operators is legal and reasonable," he says.
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"But for some there is the temptation to ... corruptly disrupt the result 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 business interests of [sports betting](https://demo.shoudyhosting.com/qtoa/?qa=86959/sports-minister-tracey-crouch-resigns-delay-betting-crackdown) bodies and [sports betting](https://ifairy.world/read-blog/1567_just-how-much-are-americans-spending-on-sports-betting.html) wagering."
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The commission has actually established an in-house [Sports Betting](https://www.ayuujk.com/read-blog/145_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.html) Intelligence Unit to get and disseminate information 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://philadelphiaflyersclub.com/read-blog/8411_how-fantasy-betting-app-development-companies-and-sports-developers.html) wagering," he says.
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"We will inform [sports betting](https://oeclub.org/index.php/User:FredPartee06129) of our concerns, to assist avoid or cut [prohibited] activity"
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In May 2010, the commission also introduced a private 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 duration there has been simply one criminal prosecution, a 24-year-old guy who was warned for unfaithful in relation to greyhound racing.
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However, Mr Tofiluk states there are still eight continuous investigations, and that much helpful information has actually also been passed to [sports betting](https://wiki.vst.hs-furtwangen.de/wiki/User:VedaFaircloth79) authorities.
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He said that where an investigation by a sport governing body was quicker, and more cost effective, then the commission would think about terminating a criminal examination "in favour of letting [sports betting](https://noaisocial.pro/read-blog/2371_missouri-sports-betting-ballot-measure-approved-by-voters.html) governing bodies take the lead".
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Meanwhile, he states a number of those aiming to cheat the [sports betting](https://stadtbahn-bi.wiki/wiki/Benutzer:KamBurford62) industry were knowledgeable about [sports betting](https://youfurry.com/read-blog/37811_things-you-need-to-know-about-rafting-adventures.html) and sporting people, and about [sports betting](https://dev.fleeped.com/read-blog/92_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) operations and the motion 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://onetable.world/read-blog/103125_how-much-are-americans-investing-in-sports-betting.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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