commit 5e8f6c1deded00caa32886b147c4f90d3a850e00 Author: fejtwyla435666 Date: Wed Jan 8 20:42:04 2025 +0800 Add Sport Betting Industry Looks To Protect Itself 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..38966c0 --- /dev/null +++ b/Sport-Betting-Industry-Looks-To-Protect-Itself.md @@ -0,0 +1,68 @@ +
Sport [sports betting](https://gazanour.com/read-blog/7899_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) market looks 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://embargo.energy/index.php/User:Maricruz1797) on sport is huge service.
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Sport England estimates the value of costs 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 likely to have grown further, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summer.
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Meanwhile, German research study firm Sport & Markt approximates the overall global [sports betting](https://cittaviva.net/read-blog/23091_just-how-much-are-americans-spending-on-sports-betting.html) market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://thewion.com/read-blog/186651_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html).
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But when the integrity of events are hit the gambling market suffers, and incomes are put under risk if consumers can not wager with self-confidence.
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And there can have been few 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://luxuriousrentz.com/sweepstakes-casino-controversy-and-celebrities-all-important-role/) 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 papers."
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Four Pakistan cricketers have been questioned by police over spot-fixing claims relating to a test against England at Lord's last month.
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Three of these players have stated they will also 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 champ John Higgins was cleared of match-fixing allegations, but was prohibited last week for six months for failing to report the unlawful method to him to throw frames.
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There are likewise two other continuing examinations - not related 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 biggest online sporting exchanges.
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"If the sport is as truthful, straight and reasonable that benefits wagering firms since people will spend money wagering with confidence," he states.
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"If you take the Pakistan allegations, although unrelated to the UK managed wagering industry ... it is not actually a positive story for [sports betting](http://www.drsbook.co.kr/?document_srl=14797552) in the UK.
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"That is since 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 professionals at a World [sports betting](https://zubtalk.com/read-blog/4407_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) Law Report conference into [sports betting](https://we2chat.net/read-blog/26294_how-fantasy-betting-app-development-companies-and-sports-developers.html), the focus has 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 rivals or the referee."
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His organisation represents men and women in 15 [sports betting](https://mediawiki1263.00web.net/index.php/User:KrystalHnc) 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 insufficient to simply have deterrents, sanctions and disciplinary treatments, however that the method to tackle potential issues around players is also through education.
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Mr Taylor states guidelines require to be explained clearly to players with clear examples, and by people they respect.
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"Through informing players about [sports betting](http://touringtreffen.nl/read-blog/2387_missouri-sports-betting-ballot-measure-approved-by-voters.html) you reinforce integrity and that remains in everyone's interest," he includes.
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"If players are more difficult 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, concurs.
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"Prevention is much better than cure, and we likewise make a point of informing players 'you are going to be captured'."
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"It is imperative that sport is straight, and is seen to be straight," he includes.
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"If it loses that then individuals don't want to wager, that is not in [sports betting](https://stadtbahn-bi.wiki/wiki/Benutzer:JessicaGrenda88) firms' interests, and it is not in our interests."
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He stated that as soon as an excellent reputation was lost, the damage to a sport was "enormous".
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FA rules mean players are not permitted to bank on a competitors in which they are included.
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Mr Johnson says gamers need to be seen not to be capitalizing any inside knowledge, which he states could cause "brand name damage" to football and its competitions.
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So, even a 2nd Division player knocked out of the FA Cup in the fall can not bet on a Manchester United v Chelsea cup last the following spring.
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"We have to overcome to players the reputational danger to the video game," he states. "Once self-confidence has been damaged 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 perhaps Nick Tofiluk, director of policy at the Gambling Commission, represents the "stick".
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The Gambling Commission was established under the Gambling Act 2005 to regulate business gaming in Great Britain.
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An ex-chief constable of West Midlands police, Mr Tofiluk has obligation for [policing](https://thefreedommovement.ca/read-blog/19319_how-to-play-bet9ja-online.html) all [sports betting](https://islider.ru/read-blog/41295_how-are-betting-odds-calculated.html) in the UK apart from spread [sports betting](https://globalairgunner.com/read-blog/20147_how-to-play-bet9ja-online.html), which is the remit of the FSA.
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"The overwhelming bulk of [sports betting](https://sportysocialspace.com/read-blog/11989_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.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 event.
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"Such unfaithful has the potential to undermine the stability of a sport, and it likewise harms the commercial interests of [sports betting](https://kenyansocial.com/read-blog/1353_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) bodies and [sports betting](https://naijamatta.com/read-blog/34903_the-ins-and-outs-of-betting-on-the-nfl-draft.html)."
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The commission has established an internal [Sports Betting](https://cozwo.com/read-blog/8818_just-how-much-are-americans-spending-on-sports-betting.html) Intelligence Unit to receive and share info to sporting authorities, [sports betting](https://flowsocial.xyz/read-blog/584_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) companies and policing authorities.
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"Since 2007 we have experienced a substantial insight into world of corrupt [sports betting](https://chat.app8station.com/read-blog/3650_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html)," he states.
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"We will inform [sports betting](http://famedoot.in/read-blog/106_how-much-are-americans-spending-on-sports-betting.html) of our issues, to help prevent or curtail [unlawful] activity"
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In May 2010, the commission likewise introduced a personal 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 simply 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 says there are still eight ongoing investigations, and that much beneficial details has actually likewise been passed to [sports betting](https://energypowerworld.co.uk/read-blog/144475_how-much-are-americans-spending-on-sports-betting.html) authorities.
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He stated that where an examination by a sport governing body was quicker, and more cost efficient, then the commission would think about stopping a criminal investigation "in favour of letting [sports betting](https://philadelphiaflyersclub.com/read-blog/8455_how-to-attract-users-to-my-fantasy-sports-platform.html) governing bodies take the lead".
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Meanwhile, he says a number of those looking to cheat the [sports betting](https://wiki.vst.hs-furtwangen.de/wiki/User:NiklasWashington) market were well-informed about [sports betting](https://www.tobeop.com/sweepstakes-casino-controversy-and-celebrities-all-important-role-3/) and sporting people, and about wagering operations and the motion of cash.
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"They look for 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://bigtoc.com/read-blog/8947_just-how-much-are-americans-spending-on-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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